2-bedroom flat · CO1 2NJ
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fantastic two bedroom, two bathroom Duple Penthouse apartment with gas heating and allocated parking.
Nestled in the desirable area of Tarrett Drive, Colchester, this fantastic two-bedroom duplex penthouse apartment offers a modern living experience in a vibrant location.
Spanning an impressive 941 square feet, this property is perfect for those seeking both comfort and convenience.
Upon entering, you will be greeted by a spacious reception room that is bathed in natural light, creating a warm and inviting atmosphere.
The apartment has been recently updated with new carpets and decor, ensuring a fresh and contemporary feel throughout.
The well-appointed kitchen provides ample space for culinary pursuits, while the two bathrooms add a touch of luxury and practicality to daily living.
The penthouse boasts gas central heating, ensuring a cosy environment during the cooler months.
With two generously sized bedrooms, this property is ideal for small families, professionals, or those looking to downsize without compromising on space.
One of the standout features of this apartment is its prime location.
Situated close to the town centre, the University of Essex, and the A12, residents will enjoy easy access to a wealth of amenities, including shops, restaurants, and excellent transport links.
Additionally, the property includes parking for one vehicle, a valuable asset in this bustling area.
This modern penthouse apartment is a rare find and presents an excellent opportunity for anyone looking to embrace a stylish and convenient lifestyle in Colchester.
Do not miss the chance to make this delightful property your new home.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Tarrett Drive, Colchester, Essex
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