2-bedroom terraced house
For saleListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price: £220,000 - £230,000.
Offered to the market with no onward chain, this spacious and immaculately presented two-bedroom coach house enjoys a desirable position with convenient access to local schools, shops and transport links.
Benefitting from open-plan living, a garage and allocated parking, this property would make an ideal first-time purchase, investment or downsize opportunity.
Upon entering the property, the ground floor comprises a welcoming entrance hall, providing the perfect space for coats and shoes, with stairs rising to the first-floor accommodation.
The first-floor landing features a useful storage cupboard and leads into the impressive open-plan kitchen, dining and living area.
The kitchen is well-appointed with an abundance of worktop and cupboard space, creating a practical and sociable environment for everyday living and entertaining.
The accommodation further comprises a spacious principal double bedroom, a second well-proportioned bedroom currently utilised as a home office, and a modern family bathroom fitted with a bath and shower over, WC and wash hand basin.
Externally, the property continues to impress with a garage featuring an up-and-over door, power supply, outside water tap and an additional built-in storage cupboard.
A parking space is located directly in front of the garage for added convenience. To the front of the property, a small enclosed garden provides an ideal spot for outdoor seating and relaxation.
EPC Rating: C Disclaimer These particulars are for guidance only and do not form part of any offer or contract.
All measurements, images and floor plans are approximate and for illustrative purposes only. Services, appliances and systems have not been tested and no warranty is given as to their condition.
Buyers and tenants must rely on their own inspections, surveys and legal enquiries to verify all material information that is important to them.
Anti-Money Laundering (aml) Verification Oakheart is required to undertake identity and compliance checks in line with UK Anti-Money Laundering (aml) legislation.
These checks apply to all sellers, purchasers and landlords as part of our sales and lettings procedures.
To facilitate this process, we use Landmark, an independent third-party provider that carries out the necessary verification checks on our behalf. A fee of £24.00 inclusive of VAT per person applies.
All relevant checks must be completed and verification confirmed before we can progress with the associated sale or letting.
**Agent’s Note: Anti-Money Laundering (aml) Verification** Oakheart is required to undertake identity and compliance checks in line with UK Anti-Money Laundering (aml) legislation.
These checks apply to all sellers, purchasers and landlords as part of our sales and lettings procedures.
To facilitate this process, we use Landmark, an independent third-party provider that carries out the necessary verification checks on our behalf. A fee of £24.00 inclusive of VAT per person applies.
All relevant checks must be completed and verification confirmed before we can progress with the associated sale or letting.
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 advisers 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
FAQ
About 59 Hooper Avenue, Colchester
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