2-bedroom flat · CO3 3FA
Sold STCReduced £10k (−3.3%) on 21 JunListed 200 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2-Bed Second Floor Apartment, Gated Colchester Development.
** guide price £300,000 - £325,000 ** Nestled within a highly sought-after, exclusive gated development in Colchester, this superb two-bedroom, second floor apartment offers an exceptional standard of living.
This property combines modern elegance with practical features. The spacious sitting room provides an inviting space for relaxation.
The modern kitchen is meticulously fitted with high-quality units and features stunning granite worktops.
The apartment boasts two generously sized bedrooms, with the master benefiting from a contemporary en suite. A separate, well-appointed main bathroom completes the accommodation.
The presentation throughout is impeccable. Externally, the gated development provides security and exclusivity, with beautifully maintained communal gardens and two allocated parking spaces.
Colchester offers a wealth of amenities and convenient access to major road networks and the mainline railway station. Early viewing is highly recommended.
Entrance Hallway Entrance door, two storage cupboards, doors leading off Kitchen/Sitting Area 29'2" x 11'6" Double glazed window to front, matching wall and base level units with granite work surfaces over, inset one and a quarter bowl sink with tap over, four ring gas hob with extractor over, integrated double oven, integrated fridge/freezer, wall mounted gas boiler Sitting Room Double glazed windows to front, two radiators Master Bedroom 12' x 14'11" Double glazed window to side, wardrobes, radiator, door to: En-suite 9'4" x 9'5" Double glazed window to rear, shower, chrome heated towel rail, close coupled WC, wash hand basin with tap over Bedroom Two 11'4" x 11'4" Double glazed window to rear, fitted wardrobes, radiator Bathroom 6'9" x 5'10" Panelled bath with shower and shower screen over, close coupled WC, wash hand basin with tap over, chrome heated towel rail Outside of Property Communal gardens, gated community, two allocated parking spaces Agents note: Anti-Money Laundering (aml) Complianc e As part of our commitment to meeting UK Anti-Money Laundering (aml) regulations, Harris + Wood are required by law to confirm the identity of all purchasers before a sale can proceed.
To make this process as straightforward as possible, we work with an independent verification service, Clearcheck, who conduct these checks on our behalf.
A small verification fee applies for each purchaser. These checks must be fully completed and verified before we are able to progress with your purchase.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 6 Ruth King Close, Colchester, Essex
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