2-bedroom terraced house · CO1 2SZ
Sold STCListed 322 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Boydens are pleased to present this attractive one/two-bedroom Victorian terraced property, situated in the sought-after east side of Colchester and ideally positioned within easy reach of a range of local amenities.
Set back from the road, the property features a small front garden enclosed by a low brick wall.
Upon entering through the double-glazed front door, you are welcomed into a well-proportioned lounge, complete with fitted alcove shelving and a feature fireplace surround.
A double-glazed window provides pleasant views to the front.
A door leads through to the spacious dining room, which also benefits from alcove shelving, a rear-aspect double-glazed window, and a stairway rising to the first floor.
The adjoining fitted kitchen offers ample work surfaces and provision for appliances, along with a side window and door giving access to the patio area.
On the first floor, there are two bedrooms, both featuring fitted wardrobes. The second bedroom provides access to the modern bathroom, which is fitted with a contemporary white suite.
Additional benefits include double glazing, gas radiator heating, and the advantage of being offered to the market with no onward chain.
Externally, the property enjoys a generous rear garden comprising a patio area, an outside W.C., and a well-sized lawn.
Greenstead Road can be found to the East of Colchester Town Centre, with easy access to the centre and the University of Essex.
The nearest train station is Hythe Station (0.7 miles) with links to the coast and London Liverpool Street through Colchester North Mainline Station.
Local amenities include an ALDI, Waitrose and a Tesco Extra, which is under a mile away.
Value & comps
No previous sales on record.
Returns
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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 Greenstead Road, Colchester
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