3-bedroom terraced house · CO2 8RG
Listing removedListed 105 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom end of terrace house located to the south of Colchester city centre and close to Friday Woods Green.
The house is presented to the market in good order having been modernised throughout. The property benefits from gas central heating and double glazed windows throughout.
Offered to let unfurnished and available from approx. Early August. You enter into the spacious living room with large window, stairs to first floor and opening into the kitchen.
This is a stylish kitchen which offers a range of base and eye level units, sink with drainer, range style cooker, washing machine, dishwasher and space for a fridge/freezer.
Off of the kitchen is a conservatory which offers great versatile space and has doors leading to the garden. On the first floor, you will find three bedrooms.
Two of which are good size doubles and the third is a large single. Accommodation concludes with a family bathroom.
There is an enclosed garden to the rear which is mostly laid to lawn and at the end is a patio area with access into the garage. Off road parking is also available.
Important Information Letting information The rent is exclusive of utilities and council tax.
Deposit: £1730.76 or our deposit replacement product Availability: Approx early August Non Smokers Council tax band B EPC rating C Services - We understand that mains water, drainage, gas and electricity connected to the property.
Broadband Availability - Standard and Superfast available (Ofcom Broadband Checker - July 2026).
Mobile Coverage - It is understood that the best available mobile coverage in the area is provided by O2, EE, Vodafone and Three.
(Ofcom Mobile Checker – July 2026) Holding deposit Prospective applicants will be required to pay a Holding Deposit to Fenn Wright, equivalent to a maximum of 1 week's rent.
Once the holding deposit has been received, Fenn Wright will suspend marketing of the rental property for a period of 15 calendar days subject to referencing commencing promptly.
Upon successful references being completed, acceptable and the tenancy being confirmed by Fenn Wright, the holding deposit paid will then contribute towards he first month's rental payment.
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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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 25, Lethe Grove, Essex
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