3-bedroom semi-detached house · CO1 1UR
For saleListed 10 days
Opportunity summary
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About
THE PROPERTY The accommodation is arranged over three floors and provides the new owners with the opportunity to enhance and update the existing dwelling to suit their own requirements and tastes.
Ground Floor Accommodation A storm porch welcomes you to the property and the entrance hall allows access to the sitting room to the front of the property and also the dining room.
To the rear there is a spacious kitchen / breakfast room with AGA range cooker, space is provided for a free-standing under counter fridge and dishwasher.
To the rear is the utility room that provides space for a free-standing washing machine and fridge freezer. The cloakroom completes the ground floor.
First Floor Accommodation The first floor offers three large double bedrooms, the one to the rear of the property is dual aspect.
There is also a bathroom, with 'sit-in' bath, heated towel rail, pedestal basin and wc. Additional flexibility for a family is offered by an independent shower room, again with pedestal basin and wc.
Second Floor Accommodation The attic room offers a panoramic view across Colchester, and offers a range of potential uses for the new owners, whether that be as a work from home office or perhaps a hobbies and craft room.
Subject to planning, this could be converted into a fourth bedroom.
OUTSIDE Gated access from the front of the property leads through to a courtyard style garden to the rear, which offers a high degree of privacy and backs onto a green corridor to the rear, providing a relaxing, peaceful space to unwind.
A driveway is owned partly by this property and partly by the neighbouring property; they have an agreement to share use of the same to enable them both to park thereon.
LIVING IN COLCHESTER Located in a conservation area, Roman Road offers a quiet residential location, that is within easy walking distance of the city centre which benefits from all the leisure, dining, entertainment, recreational and shopping facilities expected of a major regional destination.
The schooling options that Colchester has to offer are first rate with a number of highly desirable establishments in both the private and public sector.
For the commuter the mainline railway station provides an inter-city connection to London in around 50 minutes, the A12 and A120 are also easily accessible for onward travel to Chelmsford and Stansted Airport.
AGENTS NOTES Located in a Conservation Area Tenure Freehold | Gas Central Heating | EPC E Council Tax Band D Mains Gas, Water, Drainage and Electricity Connected Stamp Duty Land Tax will need to be paid to purchase this property.
Please use the web link to the government website to assess your position. Other charges such as solicitors' fees and removal costs will also need to be considered.
Our particulars are produced in good faith but can only be used as a guide to the property.
If there is any point of particular importance to you, please contact the office and we will do our best to answer any queries prior to any viewing of the property.
Any measurements quoted are for guidance only.
No services, utilities or appliances have been tested and any prospective buyers are asked to commission their own independent experts to verify the conditions of the same.
These particulars, and any comments and observations (verbal or written), of the sales agents do not constitute representations of fact, or form part of any offer or contract, and the matters referred to should be independently verified by prospective buyers and their own independent experts.
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.
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About Roman Road, Colchester
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