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See how verdicts work4-bedroom house · CO3 9XE
Listing removedReduced £25k (−5.9%) on 21 AugListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £450,000-£475,000 Situated in the ever-popular Newcastle Avenue, situated to the West side of Colchester, is this spacious four-bedroom detached family home offering exceptional living accommodation throughout.
This home is perfectly positioned for families seeking excellent schooling and convenient local amenities.
Having undergone a substantial double-storey extension in previous years, the property now boasts an impressive footprint with versatile and generously proportioned rooms across both floors.
The location is a real highlight, with a range of highly regarded local schooling options nearby including Stanway School, Home Farm Primary School and St Benedict’s Catholic College, making school runs simple and convenient.
Families will also appreciate the close proximity to the beautiful Westlands Country Park, ideal for walks, outdoor activities and family leisure time.
A variety of everyday amenities are within easy reach including local shops, supermarkets, cafés and transport links, whilst Colchester’s city centre and Tollgate Retail Park are also conveniently accessible.
Internally, the property offers ample and flexible accommodation throughout.
The ground floor is particularly impressive, featuring a spacious 23ft lounge/diner ideal for entertaining and family living, alongside a separate snug room and an additional dining room positioned just off the kitchen.
The kitchen itself is fitted with a range of modern wall and base units incorporating cupboards and drawers with contemporary worktops over, alongside an integral oven and fitted four-ring hob.
An open archway overlooking the dining room creates a wonderful open-plan feel whilst still retaining separation between the spaces.
There is also space for a fridge freezer and the added benefit of a practical utility room.
Further ground floor accommodation includes a downstairs W/C and an integral garage which offers excellent potential for conversion, subject to the necessary consents, creating additional living accommodation if desired.
Upstairs, the property continues to impress with four well-proportioned bedrooms, including three comfortable double bedrooms and a smaller fourth bedroom ideal as a nursery, office or child’s room.
The first floor also benefits from a family bathroom as well as a separate shower room, perfectly catering to the needs of modern family living.
Externally, the property enjoys ample off-road parking via a generous front driveway.
To the rear, the sizeable garden offers an excellent outdoor space with a patio seating area, large lawn and a useful garden shed, making it ideal for families and entertaining alike.
Lounge (7.11m x 3.25m) Snug (3.28m x 2.77m) Dining Room (3.28m x 3.38m) Kitchen (3.79m x 2.62m) Bedroom One (4.04m x 3.07m) Bedroom Two (3.23m x 2.92m) Bedroom Three (3.18m x 3.28m) Bedroom Four (2.90m x 1.98m)
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.
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FAQ
About 24 Newcastle Avenue, Colchester
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