2-bedroom flat · CO2 8XF
Sold STCListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY OFFERED WITH A SHARE OF FREEHOLD, this well presented two bedroom ground floor apartment is situated on the south side of Colchester in the Friday Wood Green development, offering excellent access to Friday Woods Nature Reserve.
DESCRIPTION Early viewing is advised of this beautifully presented apartment offered with a share of freehold and providing an ideal first time purchase or investment opportunity.
Accommodation comprises entrance hall, living room, modern kitchen, two good size bedrooms and family bathroom. Externally there is allocated parking and communal garden backing onto Friday Woods.
Communal Entrance Door To: Communal Entrance Hall Entrance Door To: Hallway Economy 7 storage heater, airing cupboard housing water tank and shelving, door to: Lounge 14' 3" x 11' 8" ( 4.34m x 3.56m ) Bay window to side and further window to rear, economy 7 storage heater, laminate flooring.
Kitchen 11' 11" x 5' 1" ( 3.63m x 1.55m ) Window to side, selection of eye and base level units with roll top work surface, single sink and drainer with mixer tap, integrated oven, hob with overhead extractor, space for fridge freezer, space for washing machine, laminate flooring.
Bedroom One 12' 4" x 9' 7" ( 3.76m x 2.92m ) Window to side, wall heater, carpet, fitted wardrobe's to include fitted chest of draws Bedroom Two 12' 4" x 8' 8" ( 3.76m x 2.64m ) Window to side, selection of built in wardrobes and cupboard space, laminate flooring.
Bathroom Obscure window to side, paneled bath with electric shower and screen, low level WC, pedestal wash hand basin, wall mounted electric fan heater.
Outside There is a communal garden area to the rear of the property laid to lawn enclosed by hedgerows and fencing, backing onto Friday Woods.
There is allocated parking for one car on the adjacent car park, as well as visitors parking.
DIRECTIONS Refer to map We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT.
THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS.
NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Value & comps
No previous sales on record.
Returns
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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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About Friday Wood Green, COLCHESTER
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