3-bedroom terraced house · CO4 3HT
Listing removedListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £325,000 - £350,000*** Offered for sale with no onward chain is this well-presented three bedroom end of terrace house, situated in the popular northern area of Colchester.
The property is conveniently positioned close to a range of local shops, schools and everyday amenities, while Colchester city centre and North Station are also within easy reach, providing mainline services to London Liverpool Street.
Internally, the accommodation comprises an entrance hall with stairs rising to the first floor and access to a useful ground floor cloakroom/WC.
The lounge features a panelled feature wall, while the contemporary kitchen/diner is fitted with an integrated fridge/freezer, built-in oven and gas hob.
Bi-folding doors open directly onto the rear garden, creating an excellent space for both everyday family living and entertaining.
To the first floor, the principal bedroom benefits from an attractive panelled feature wall and an en-suite shower room.
There are two further bedrooms, while a family bathroom completes the first floor accommodation.
Externally, the property benefits from a good-sized rear garden, which is mainly laid to lawn with a paved patio area, providing an excellent space for outdoor dining and relaxation.
There is also off-road parking for two vehicles and an electric vehicle charging point.
Palmer & Partners strongly advise an early internal viewing to fully appreciate what this property has to offer and avoid disappointment.
Entrance Hall WC Lounge (3.34m x 4.43m) Kitchen/Diner (5.8m x 4.12m) First Floor Landing Bedroom One (2.81m x 3.93m) En-Suite (2.44m x 1.38m) Bedroom Two (3.39m x 3.16m) Bedroom Three (2.25m x 2.5m) Family Bathroom (2.19m x 1.93m) Agents Note We have been advised by the current owner that there is a communal development charge payable of £250.00 every six months.
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
FAQ
About 4 Oaklands,, Parsons Heath, Essex
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