2-bedroom flat · CO2 7NU
For saleReduced £10k (−3.5%) on 9 OctListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stylish city-edge living in the heart of Colchester.
Offered with no onward chain is this luxury, two double bedroom, two bathroom, modern duplex apartment, Vaulted ceilings, exposed brickwork, dual aspect windows, mezzanine floor and more...
Exquisite, two-bedroom modern duplex apartment, sympathetically converted by Taylor Wimpey in 2016, situated on the edge of Colchester city centre, and is close to shops, the train station and Abbey Fields.
No onward chain! With many original features - windows, exposed brickwork and vaulted ceilings - the accommodation is spread across two floors.
The entrance hallway, with two storage cupboards, leads to both the double bedrooms, one with an en-suite. Also on this level is the three-piece family bathroom with integrated shower.
The stairs take you up to the landing on the first floor where there is a cloakroom and the door to the generous open-plan living area.
The wow-factor of this duplex apartment is the expansive open-plan living area with a vaulted ceiling, that combines the lounge, dining area and modern fitted kitchen.
The room is flooded with light from large modern double-glazed sash style windows on dual aspects of the room.
The kitchen is equipped with modern integrated appliances (fridge/freezer, dishwasher washing machine), wall and base units, and offers an ample run of worktop.
Underfloor heating throughout keeps the apartment warm in the cooler months.
An additional mezzanine level (flooring and electrics in place) overlooks the main living space, offering flexibility as a workspace, a relaxing reading snug or perhaps as a hobby area.
The apartment comes with an allocated parking space and is surrounded by well-maintained communal gardens.
Property details Entrance Hallway Family bathroom: 2.29m (7'6") x 1.88m (6'2") Double bedroom two: 5.19m (17'0") x 3.03m (9'11") Double bedroom one: 5.19m (17'0") x 3.05m (10'0") En-Suite: 1.91m (6'3") x 1.69m (5'6") Stairs to the First Floor Open Plan Living Area: 6.46m (21'2") x 6.18m (20'3") Kitchen Area: 3.00m (9'10") x 3.54m (11'7") Cloakroom: 1.09m (3'8") x 2.01m (6'8") EPC rating: D Council Tax Band: C (£2007.99 pa) Flood Risk: None Overall internal area: 105.4 m2 (1335 sq.ft.) Allocated parking space - visitor spaces available (permit) Underfloor heating Secure intercom entrance from street No onward chain.
Leasehold - 125 years from 2016 (115 years remaining) Service charge: £1550.00 pa Ground Rent: £250.00 pa
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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
.png){kind=logo}
FAQ
About Flat 2 Lacerta Court, 3, Londinium Road, Colchester
Explore nearby
