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See how verdicts work3-bedroom bungalow · CO7 9AN
For saleReduced £25k (−6.7%) on 15 SepListed 315 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Guide Price £375,000-£400,000** A beautifully presented detached bungalow in this sort after central Wivenhoe position just a short stroll to the Wivenhoe trail, train station and wonderful waterfront.
Offered with no onward chain and highlights to include: Three bedrooms, modern fitted kitchen, modern shower room, living room with fireplace, private rear garden and off road parking.
Call for further details. Entrance Hall Wood flooring, radiator, loft access, fitted storage cupboards and doors to.
Lounge/Diner 16' 1" x 12' 1" (4.90m x 3.68m) Window to front, high level window to side, radiator, fireplace with inset feature fireplace, fitted dresser with lighting.
Kitchen 10' 2" x 7' 4" (3.10m x 2.24m) Door to side, window to side, a modern refitted kitchen with a range of units and drawers with worktops over, inset sink and drainer, inset gas hob, fitted oven, fitted extractor, spaces for fridge/freezer and washing machine.
Bedroom 1 12' 0" x 10' 5" (3.66m x 3.17m) Window to rear, radiator, fitted wardrobes.
Bedroom 2 11' 0" x 10' 5" (3.35m x 3.17m) French Doors to rear, wood flooring, radiator, currently used as a separate dining room.
Bedroom 3 15' 10" x 8' 10" (4.83m x 2.69m) Window to front, radiator, fitted wardrobe, fitted boiler cupboard.
Shower Room Obscure window to side, heated towel rail, shower cubicle, vanity wash hand basin, vanity WC.
Rear Garden Gated side access to both sides, mainly laid to lawn and enclosed by hedging and fencing, various trees, shrubs and plants, garden shed, patio and pergola.
Parking Block paved driveway to front offers off road parking.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
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FAQ
About 13, Parkwood Avenue, Colchester
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