1-bedroom flat · CO7 9HX
Sold STCListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this one-bedroom ground floor maisonette, available with no onward chain. In good condition, the property would make an ideal first time purchase or investment opportunity.
The maisonette is conveniently positioned for Essex University, local shops and amenities, with Wivenhoe train station also within the area, offering services to London Liverpool Street.
The accommodation with approximate room sizes:- Double glazed entrance door to: OPEN PLAN LIVING AREA 17' 3" x 11' 0" (5.26m x 3.35m) Two double glazed windows to front and a further double glazed window to the side.
The kitchen area comprises a stainless steel sink unit with mixer tap set into a work surface, base units and drawers, wall unit, wall mounted extractor fan, radiator.
BEDROOM 12' 8" x 9' 6" (3.86m x 2.9m) Double glazed window to front, wall mounted air conditioning unit which cools, heats and dehumidifies (not tested by Elms Price and Co), airing cupboard housing hot water tank, wall mounted electric radiator.
BATHROOM Double glazed obscure window to side, bath with shower, wash basin, WC and wall mounted electric heater.
OUTSIDE The property benefits from parking, communal parking and access to a communal refuse storage area. Communal garden. ADDITIONAL INFORMATION Council tax band : A.
Local authority : Colchester City Council. Energy rating : E. Tenure : we are advised by our seller that one eighth share of the freehold is owned. Current maintenance charge per annum : £250.00.
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.
Area
Agent & docs
FAQ
About Pylon Court, Elmstead Road, Wivenhoe
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