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See how verdicts work2-bedroom house · CO3 9BP
Sold STCListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Michaels Property Consultants are pleased to offer this exceptionally well-maintained two bedroom duplex apartment, peacefully positioned to the West of Colchester in a small apartment block offering secure living across two generous floors.
Upgraded with modern specifications and decorated neutrally throughout, this apartment is offered to market in turnkey order. Within easy reach of an array of useful amenities.
Within convenient and easy reach of an array of both Tollgate & Stane Retail Park, it offers a variety of useful shops, stores, restaurants and facilities within close proximity.
An array of primary and secondary schooling is also available, whilst being within easy reach of both Marks Tey Train Station and A12 access.
Upon entering this duplex, you are greeted by a welcoming entrance hall with stairs rising to the first floor, access to the kitchen-diner, reception room and ground floor cloakroom.
The ground floor cloakroom offers a tiled finish throughout and benefits from a W.C.
A light and spacious reception room is flooded with a wealth of natural light via patio doors that lead out on to a private rear garden.
The kitchen-diner has been very well-maintained throughout and comes complete with an array of shaker style units, integrated appliances and space for additional also, whilst providing ample space for dining furniture.
Ascend to the first floor and two exceptional double bedrooms are available. The master bedroom enjoys an upgraded en-suite shower room, fully tiled with modern white brick tile finishing.
A first floor tiled family bathroom suite is also available for convenience, ideal for guests.
Outside and as previously mentioned, this home is complete with its very own private and enclosed rear garden.
The garden is formed by a large patio area that offers itself as the ideal place for outdoor dining and seating furniture, with a neighbouring section laid to lawn.
Secure gated side access leads to a rear parking area, were allocated parking for one vehicle can be found.
This property if offered to the market on a leasehold basis, with the lease term commencing in 2008 from 150 years, meaning approximately 132 years remain on the term.
A ground rent of approximately £150.00p per annum is payable per annum and a maintenance fee o approximately £2353.50 per annum is also payable, paid in two, six monthly instalments.
We advise all interested parties to confirm this information with their legal representative at an early stage of their conveyance to prevent any discrepancy.
Viewings are available and can be arranged via one of our consultants without delay - appointment required.
Entrance Hall Ground Floor Cloakroom Kitchen-Diner 15' 1" x 9' 10" (4.60m x 3.00m) Reception Room 15' 1" x 10' 6" (4.60m x 3.20m) Landing Master Bedroom 11' 2" x 9' 9" (3.40m x 2.97m) En-Suite Shower Room Bedroom Two 9' 6" x 10' 6" (2.90m x 3.20m) Bathroom Leasehold Information This property if offered to the market on a leasehold basis, with the lease term commencing in 2008 from 150 years, meaning approximately 133 years remain on the term.
A ground rent of approximately £150.00p per annum is payable per annum and a maintenance fee o approximately £2125 per annum is also payable, paid in two, six monthly instalments.
We advise all interested parties to confirm this information with their legal representative at an early stage of their conveyance to prevent any discrepancy.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 King Coel Road, Colchester, CO3
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