Studio flat · CO1 1TP
Listing removedReduced £25 (−3.3%) on 18 JulListed 172 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the heart of the city centre, this studio apartment is within walking distance to shops, restaurants, cafes, and public transport links, making it the ideal choice for professionals or couples looking for a comfortable and convenient city living experience.
The apartment has been freshly decorated and features a cozy open-plan living room with a fitted kitchen that is equipped with some appliances including a refrigerator, oven, and washing machine.
The bathroom is tastefully designed and includes a shower over the bath, toilet, and sink. Externally there is parking via the council's permit scheme. Offered unfurnished and available for mid may.
Call the Oakheart lettings team for further information.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 3, Middleton House, 3 George Street, Colchester
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