1-bedroom property · CO3 3FF
For saleReduced £7.5k (−8.6%) on 8 FebListed 387 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £80,000 - £90,000.
Set on the third floor of a well-maintained retirement development for the over 60s, this delightful one-bedroom apartment offers a peaceful and secure lifestyle within easy walking distance of Colchester’s vibrant and historic city centre.
The property is offered with no onward chain, making for a simple and stress-free move.
Designed for comfort and practicality, the apartment comprises a welcoming entrance hall, a bright and spacious lounge perfect for relaxing or socialising, a well-planned kitchen with ample storage and workspace, a modern shower room, and a generous double bedroom filled with natural light.
Residents benefit from an excellent range of communal facilities, including a lift serving all floors, a well-equipped laundry room, a large and comfortable residents’ lounge that encourages a friendly community atmosphere, and beautifully maintained gardens providing the perfect spot to enjoy the outdoors in peace.
Ideally located close to local shops, cafés, restaurants, and cultural attractions, this apartment offers the perfect blend of independent living and community support, making it an excellent choice for those seeking a relaxed and fulfilling retirement in the heart of Colchester.
Please note: some images have been virtually staged.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About St. Marys Fields, Colchester
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