3-bedroom flat · CO2 8HQ
Listing removedListed 283 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** Attention Investors *** Guide Price GBP160,000 GBP170,000 *** A spacious and well appointed three bedroom apartment which is perfectly positioned for access to the University of Essex and amenities.
Currently let and achieving GBP1500.00 pcm, the property would make an ideal investment purchase. For more details please contact Saxons.
Entrance hall Security entrance telecom, doors to: Lounge/diner 22' 9\" x 14' 6\" Wall mounted electric heater, three double glazed windows to front aspect, opening to: Kitchen 11' 10\" x 8' 2\" Range of eye level units with matching cupboards and drawers below, fitted work surfaces, built in oven and hob with extractor, built in fridge/freezer and washing machine, sink with drainer and mixer tap, double glazed window to rear aspect.
Master bedroom 11' 7\" x 10' 1\" Wall mounted electric heater, double glazed window to front aspect, door.
Ensuite shower room Shower cubicle, low level WC, wash hand basin, heated towel radiator, extractor fan. Bedroom two 17' 4\" x 9' 7 Wall mounted electric heater, double glazed window to front aspect.
Bedroom three 10' 0\" x 8' 8\" Wall mounted electric heater, double glazed window to side aspect.
Bathroom 6' 11\" x 5' 6\" White suite comprises panel bath, low level WC, wash hand basin, extractor fan, heated electric towel radiator.
Outside & gardens There are allocated and visitors parking spaces.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 55, Albany Gardens, Colchester
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