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See how verdicts work3-bedroom house · CO4 0HP
Listing removedReduced £25k (−6.7%) on 3 SepListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £375,000 - £400,000*** Being offered for sale with no onward chain, Palmer & Partners are delighted to present this three-bedroom semi-detached home, ideally positioned within easy reach of a wide range of everyday amenities.
The property enjoys a highly convenient location close to Colchester's vibrant city centre, offering an excellent selection of shops, restaurants, and leisure facilities.
Families are particularly well served, with a number of highly regarded schools nearby.
For commuters, both Colchester Town railway station and Colchester railway station provide direct rail services to London Liverpool Street, while excellent road connections via the A12 offer convenient access to surrounding towns and cities.
The accommodation comprises an entrance porch leading into a hallway, ground floor WC, a well-appointed kitchen/diner, a spacious lounge, and an additional reception room providing versatile living space.
To the first floor, the landing leads to three bedrooms and a shower room. Externally, the property boasts a generous rear garden, predominantly laid to lawn with mature shrubs and planting.
To the front, there is off-road parking leading to a garage. Palmer & Partners strongly advise an early internal viewing to avoid disappointment.
Porch (2.29m x 1.3m) Entrance Hall WC Kitchen/Diner (3.58m x 3.63m) Lounge (5.64m x 4m) Reception Room (4.06m x 2.16m) Landing Main Bedroom (3.07m x 3.86m) Bedroom Two (3.15m x 3.58m) Bedroom Three (2.36m x 2.6m) Shower Room (2.4m x 1.88m)
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
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FAQ
About 16, St. Johns Close, St. Johns, Essex
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