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See how verdicts work2-bedroom bungalow · CO7 7HR
Sold STCListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***GUIDE PRICE £160,000 - £170,000*** Offered for sale with no onward chain, Palmer & Partners are delighted to present to the market this well-presented two-bedroom over-55s retirement bungalow, ideally situated within the popular village of Elmstead to the east of Colchester.
The property enjoys a peaceful and secluded setting whilst remaining conveniently positioned for local amenities, with village shopping facilities catering for day-to-day needs and Colchester City Centre just a short drive away, offering a wider range of shops, restaurants, cafés and leisure facilities.
Internally, the accommodation comprises a welcoming entrance hallway, a spacious lounge with direct access onto the well-maintained communal gardens, a fitted kitchen, two generously sized bedrooms, and a modern wet room.
Further benefits include residents' parking. Palmer & Partners would strongly recommend an early internal viewing to avoid disappointment.
Entrance Hallway Lounge 11' 2" x 15' 5" Kitchen 8' 10" x 9' 10" Bedroom One 9' 2" x 13' 1" Bedroom Two 9' 10" x 8' 10" Wet Room
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 Meadow Close, Elmstead, Colchester, Essex, CO7
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