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See how verdicts work2-bedroom house · CO4 9QU
For saleReduced £10k (−3.8%) on 23 JunListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Superbly presented two bedroom starter home offered with no onward chain in the sought-after Highwoods area of Colchester, with a modern kitchen and bathroom, good size enclosed garden, allocated parking and close to popular primary and secondary schooling.
A double glazed entrance door leads to an entrance lobby with stairs to the first floor, a door leads to the lounge with a box bay window to the front, feature fireplace and understairs storage cupboard.
The kitchen/diner is located to the rear with the kitchen being fitted with a range of modern units and work surfaces with cupboards and drawers under, a stainless steel sink with mixer taps, built-in four ring gas hob, electric oven with extractor fan over, wall mounted cabinets, cupboard housing the gas central heating boiler and a double glazed window and door leading to the rear garden.
On the first floor the landing gives access to the loft space, bedroom one is located to the front with a built-in double wardrobe and bedroom two is to the rear.
The bathroom is fitted with a modern white three piece suite comprising panel bath with mixer taps and shower attachment, vanity wash hand basin, WC and double glazed window to the rear.
Outside To the rear of the property there is a good size patio area which leads to a lawned garden with shaped flower beds, a wooden shed and the garden is enclosed by fencing.
There is an allocated parking space to the front.
Location The property is situated on the popular Highwoods development to the north of Colchester close to The Gilberd Secondary School and good primary schooling.
A Tesco superstore is nearby for day to day needs and the A12 can be accessed London bound for the M25.
Colchester General Hospital is also nearby as is Colchester North Station with rail services to London's Liverpool Street. Directions Please use postcode CO4 9QU for SatNav.
Important Information Council Tax Band – B EPC Rating - D Services - We understand that mains water, gas, drainage and electricity are connected to the property. Tenure - Freehold Our ref - COL260237
Value & comps
No previous sales on record.
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 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
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FAQ
About 6, Hunters Ridge, Colchester
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