2-bedroom flat · CO5 0SW
Sold STCReduced £10k (−6.7%) on 2 SepListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Guide price- £150,000-£160,000* David Martin Estate Agents are pleased to present this well-maintained two-bedroom, second-floor retirement apartment, ideally located in the heart of the highly sought-after village of Tiptree.
Conveniently positioned within walking distance of local shops and amenities, this property offers comfortable and practical living in a popular development.
The apartment is accessible via both lift and stairs and comprises an entrance hall, a bright and spacious lounge, a fully fitted kitchen, two bedrooms, and a modern shower room.
Residents of Rosemary Court also benefit from attractive communal gardens and a residents' lounge, providing excellent social and relaxation spaces.
Offered for sale with no onward chain, early viewing is highly recommended. Contact us today to arrange your appointment.
*Guide price- £150,000-£160,000* David Martin Estate Agents are pleased to present this well-maintained two-bedroom, second-floor retirement apartment, ideally located in the heart of the highly sought-after village of Tiptree.
Conveniently positioned within walking distance of local shops and amenities, this property offers comfortable and practical living in a popular development.
The apartment is accessible via both lift and stairs and comprises an entrance hall, a bright and spacious lounge, a fully fitted kitchen, two bedrooms, and a modern shower room.
Residents of Rosemary Court also benefit from attractive communal gardens and a residents' lounge, providing excellent social and relaxation spaces.
Offered for sale with no onward chain, early viewing is highly recommended. Contact us today to arrange your appointment.
Entrance hall Solid entrance door, airing cupboard, wall mounted electric heater.
Lounge 17' 02" x 9' 04" (5.23m x 2.84m) Being well lit by windows to rear and side, wall mounted electric storage heater, phone entry, archway to: Kitchen 8' 0" x 5' 10" (2.44m x 1.78m) Window to rear, comprehensively fitted with a range of wall and base units incorporating a sink with drainer and mixer tap, splash tiling, integrated fridge/freezer and washing machine, electric oven, four ring electric hob with extractor over, spotlights, kick board heater.
Bedroom one 13' 04" x 8' 04" (4.06m x 2.54m) Window to rear, fitted wardrobe, wall mounted electric heater. Bedroom two 13' 05" x 6' 10" (4.09m x 2.08m) Window to rear, wall mounted electric heater.
Shower room White suite comprising of a low level W.C, wash hand basin inset to vanity unit, double shower cubical, fully tiled, extractor fan.
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.
Area
Agent & docs
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FAQ
About 53 Rosemary Court, Rectory Road, Colchester
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