3-bedroom house · CO7 7FH
Listing removedReduced £25k (−6.3%) on 20 JunListed 365 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented and spacious three-bedroom detached family home, ideally located on the sought-after Market Close in Elmstead Market.
The property offers generous living accommodation throughout and is perfectly positioned within easy reach of Wivenhoe, Great Bentley, mainline stations, and an excellent range of local amenities and schools.
The property benefits from being offered with no onward chain. Upon entry, you are welcomed by a bright hallway with a convenient ground floor WC.
The heart of the home is the open-plan kitchen/dining area, which provides an abundance of worktop and cupboard space along with a breakfast bar - ideal for family living and entertaining.
Patio doors open directly onto the rear garden, creating a seamless indoor-outdoor flow. Completing the ground floor is a separate, spacious living room, offering a comfortable setting for relaxation.
The first floor comprises a light and airy landing with a storage cupboard, a principal bedroom with a modern en-suite shower room, a further double bedroom, and a third well-proportioned bedroom.
A contemporary family bathroom completes the accommodation.
Externally, the property boasts a beautifully landscaped rear garden featuring an extended porcelain tiled patio area, a neat lawn, and two sheds/outbuildings, one of which has been recently built.
There is convenient side access, while to the front of the home, a stoned driveway provides ample off-road parking for multiple vehicles.
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
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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, Market Close, Colchester
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