1-bedroom house · CO2 7RJ
To rentListed 127 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2921775. The top floor room is single occupancy and will be available from the 1st August.
The house consists of 3 floors, with 2 bedrooms on the top floor with a dedicated bathroom and 2 bedrooms on the ground floor with a dedicated bathroom.
There is also a storage room on the 3rd floor for suitcases, etc. The middle floor is communal living with a communal kitchen, it is currently being renovated.
There is plenty of cupboard, freezer and fridge space. There is also a utility room and w/c on the middle floor. In the utility room there is a washer and dryer, which are free to use.
There is a 250Mb broadband connection.There are 2 parking spaces at the property and plenty of street spaces on the road.
Everyone is responsible for rubbish which is done on a rota, landlord cleans communal areas once per month. Viewings will be on an appointment basis only and will start in July.
20 yards from the property is a bus stop with links to Colchester town, North Station and the Hospital. It is 5 minutes walk to the bus to the University.
There are plenty of shops around including Coop and Aldi. The house is currently occupied by 4 female professionals and will be looking for a like minded individual.
Rent includes all bills Summary & Exclusions: - Rent Amount: £500.00 per month (£115.38 per week) - Deposit / Bond: £500.00 - 4 Bedroom Property (1 room currently available for rent) - 2 Bathrooms - Property comes furnished - Available to move in from 21 June 2026 - Maximum number of tenants is 1 - Students welcome to enquire - No Smokers - Bills Included - Property has parking - No Garden Access - EPC Rating: EPC Not Required (Shared Accommodation) If calling, please quote reference: 2921775 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Property Reference two million nine hundred and twenty-one thousand seven hundred and seventy-five
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 Bourne Court, Bourne Court Mersea Road, Colchester
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