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See how verdicts work3-bedroom house · CO5 7PB
Listing removedListed 207 days
Opportunity summary
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About
Part of our Signature collection, an opportunity to acquire a charming Grade II Listed cottge, believed to date back to around the 1600's, of some character, occupying an established plot of around half an acre.
The entrance vestibule leads into the reception hall with exposed timbers, stairflight to first floor and access to the shower room which comprises a tiled shower cubicle, wash basin and low level WC.
The well-proportioned sitting room has a delightful red brick fireplace with wood burning stove, exposed timbers and access to the conservatory, a lovely light and bright room with vaulted ceiling and underfloor heating with doors opening onto the garden patio.
The dining room has an inglenook fireplace with oak bressummer and inset wood burning stove and there are exposed timbers.
Doors lead onto the rear facing kitchen having work surfaces with cupboards, drawers and space under, vaulted ceiling, inset sink with filtered tap water and water softener as well as an induction hob and electric microwave oven and grill.
There is a useful Maiden clothes airer, oil-fired Raeburn and dual aspect windows.
The useful adjoining utility room has a Belfast sink, space for washing machine, built-in storage cupboards, stable door to outside and dual aspect windows.
On the first floor is a landing with built-in storage cupboard.
Bedroom one is a large double bedroom with exposed timbers, dual aspect windows and en-suite with suite comprising shower cubicle, wash basin, low level WC and bidet.
There are two additional double bedrooms and a luxurious bathroom suite comprising freestanding bath, pedestal wash basin, low level WC and exposed timbers.
Outside Pete Tye House occupies a delightful and mature plot extending to around half an acre with gated access leading to driveway providing off road parking for a number of vehicles with ample space to accommodate motor homes, boats or trailers.
There is a useful two-storey double garage with pull down ladder leading to excellent upper storage space and with two sets of double doors to front. A tractor shed to the rear and two further sheds.
The large gardens to the rear of the property provide many seating areas which are ideal for alfresco dining and entertaining with lawned gardens, wild garden area, pond and terrace with barbecue area.
There is a vegetable plot, fruit cage and a number of fruit trees along with established flower beds.
Location The highly regarded village of Abberton lies to the south of Colchester and the property is situated close to the nearby attraction of Abberton Reservoir internationally renowned for its wild fowl.
The primary school is close at hand and there are lovely countryside walks and cycle routes nearby.
Mersea Island, with its waterfront, beaches, sailing and seafood, is within easy driving distance along with Colchester city centre with its excellent range of shopping and recreational facilities, wine bars restaurants and Mercury Theatre.
Directions Please use postcode CO5 7PB for Sat Nav and upon entering the Peldon Road, from Colchester, Pete Tye House will be located on the left hand side.
Important Information Council Tax Band - F Services – We understand mains water, drainage and electric are connected to the property. Oil fired central heating.
Tenure - Freehold EPC – tbc Our ref - COL150656 gmb
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.
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FAQ
About Pete Tye House,, Peldon Road, Colchester
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