2-bedroom flat · CO3 8BN
Sold STCListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price: £200,000 - £210,000.
Situated on Peter Crowe Approach in the popular Stanway area of Colchester, this spacious and immaculately presented two bedroom, two bathroom ground floor apartment offers over 600 sq ft of well planned accommodation, together with a private terrace and two allocated parking spaces.
The property is ideally positioned for convenient access to a wide range of local amenities, including Tollgate Shopping Park and Stane Retail Park, while the A12 is easily accessible for commuters.
Marks Tey Train Station is also within convenient reach, providing direct rail services into London Liverpool Street.
Internally, the accommodation begins with a spacious L shaped entrance hallway, with multiple built in storage cupboards providing useful space for coats, shoes and everyday essentials.
The principal bedroom is a generous double and benefits from its own modern en suite shower room.
There is a further well proportioned second bedroom, ideal as a guest room, nursery or home office, alongside a modern family bathroom.
At the heart of the apartment is the impressive open plan kitchen, dining and living area, measuring approximately 19'3" in length.
The kitchen provides plenty of worktop and cupboard space, while the open plan layout comfortably accommodates both dining and living furniture, creating a bright and sociable space for everyday living and entertaining.
Patio doors lead directly from the living area onto the property's private terrace, providing valuable outside space and a natural extension of the main living area during the warmer months.
Externally, the property further benefits from two allocated parking spaces, a particularly useful feature for a two bedroom apartment.
A beautifully presented and well proportioned ground floor home combining two bedrooms, two bathrooms, private outside space and two allocated parking spaces, all within a well connected Stanway location.
Value & comps
No previous sales on record.
Returns
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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 4, Peter Crowe Approach, Colchester
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