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See how verdicts work2-bedroom flat · CO4 5YW
Sold STCListed 285 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Price Range £220,000 to £230,000 This two bedroom first floor flat offers a blend of modern living and convenient location.
Located in the popular area of Myland, it is within distance to Colchester Hospital and Colchester football stadium as well as the A12 around the corner with access to London.
The flat is nestled in a picturesque neighbourhood with the addition of parking.
Spacious throughout, the property offers an open plan living space with a contemperary kitchen which provides the flexibility to add your touch to the room.
The property is complimented by thoughtful architectural details such as the placement of windows that offer large amounts of natural light and pretty views through every season.
A key feature of this flat is the storage space that is offered which is unusual for modern flats, meaning you can store all of your belongings!
As well as this, the main bedroom offers a generoursly sized en suite shower room which supplies versatile living with the addition of the spacious main bathroom.
The property is accomanied by a large outside patio which provides the oppurtunity to have friends and family over in the warmer months!
This property would suit first time buyers looking to get onto the property ladder, investors or just if your looking for an up or downsize!
OFFERED CHAIN FREE Communal Entrance First Floor Entrance Entrance Hall 2 Storage Cupboards Utility area Open Plan Living/Kitchen/Dining 5.9m x 3.5m Door to Terrace Bedroom 1 4.3m x 2.8m Ensuite Shower Room to Bedroom 1 Bedroom 2 3.1m x 2.67m Bathroom Terrace Accessed from living area, the covered terrace has enough space for 'al fresco' dining.
Parking 2 Allocated Spaces
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
Agent & docs
FAQ
About Venture Chase, Colchester, Essex
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