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See how verdicts work2-bedroom flat · CO2 7QW
For saleReduced £10k (−5.9%) on 10 SepListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £170,000 - £180,000*** Palmer & Partners are delighted to offer to the market this well-presented two-bedroom top-floor maisonette, offered with no onward chain and ideally situated to the south of Colchester.
The property benefits from excellent access to a range of nearby schools and local amenities, with regular bus services providing convenient access to Colchester City Centre.
The mainline railway station is also within easy walking distance, making this an ideal property for commuters.
Internally, the accommodation comprises an entrance hall, spacious open-plan lounge/kitchen/diner, two well-proportioned bedrooms and a family bathroom.
Further benefits include one allocated parking space. Palmer & Partners strongly recommend an early internal viewing to fully appreciate the accommodation and avoid disappointment.
Double Glazed Entrance Door To Entrance Hall Stairs rising to first floor, access to loft space, radiator, airing cupboard and doors off to; Lounge/Diner (3.8m x 3.9m) Window to rear, radiator and open plan to; Kitchen (2.6m x 2.1m) Work-surfaces with cupboard under, wall mounted cupboards over, stainless steel sink and drainer, oven, four ring gas hob, electric extractor and integrated washing machine and dishwasher.
Bedroom One (4.1m x 3m) Window to rear and radiator. Bedroom Two (4m x 1.9m) Window to rear and radiator.
Bathroom Panel enclosed bath with shower over, low level WC, wash hand basin and window to rear.
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
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FAQ
About 10, Memnon Court, Essex
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