1-bedroom house · CO3 3FF
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this beautifully presented one-bedroom retirement apartment is positioned on the third floor of the highly regarded Salter Court, an exclusive development for the over 60s, ideally located just a short walk from Colchester's historic city centre and its excellent range of amenities.
Designed to offer comfortable, secure and independent living, the apartment enjoys a bright and spacious feel throughout.
The accommodation comprises a welcoming entrance hall, a generous lounge and dining room providing the perfect space to relax or entertain, a well-equipped kitchen with ample storage and preparation space, a spacious double bedroom with excellent natural light, and a modern shower room.
Salter Court offers residents an exceptional range of facilities and services, creating a welcoming and sociable community atmosphere.
These include a residents' lounge, laundry room, lift access to all floors, beautifully maintained communal gardens and communal parking.
The development also benefits from an on-site house manager and emergency call system, providing additional peace of mind.
The location is particularly appealing, with Colchester's city centre, local shops, cafés, restaurants, parks and transport links all within easy reach, allowing residents to enjoy the perfect balance of independence and convenience.
Whether you are looking to downsize, simplify your lifestyle or enjoy the benefits of a well-established retirement community, this delightful apartment presents an excellent opportunity to secure a comfortable and low-maintenance home in a highly desirable setting.
Please note: Some images have been virtually staged for illustrative purposes. EPC Rating: B 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...
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 St. Marys Fields, Salter Court St. Marys Fields, CO3
Explore nearby