3-bedroom house · CO4 5DZ
Sold STCListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £3750,000 to £400,000*** Palmer & Partners are delighted to offer for sale this spacious three-bedroom, bay-fronted semi-detached home, situated on Mile End Road to the north of Colchester.
The property offers excellent access to Colchester North Station, with its mainline links to London Liverpool Street, as well as convenient access to the A12, Colchester General Hospital, and a range of local amenities.
It also falls within the catchment area for the highly regarded Myland Primary School and The Gilberd Secondary School.
The property begins with an entrance hall leading to a spacious living room, featuring a bay window that allows natural light to flood the space.
There is a well-appointed kitchen which leads through to a utility space.
Double doors open into a separate dining room/additional reception room, which in turn benefits from sliding doors opening out to the rear garden.
A ground floor bathroom completes the accommodation on this level. Upstairs, there are three bedrooms, with the principal bedroom benefiting from its own en-suite WC.
Externally, the property boasts a generous rear garden, mainly laid to lawn with a patio area, ideal for outdoor entertaining. To the front, there is off-road parking.
Palmer & Partners would strongly advise an early internal viewing to avoid disappointment.
Entrance Hall Lounge (3.82m x 3.98m) Kitchen (2.96m x 3.09m) Bathroom (1.65m x 2.99m) Utility (4.66m x 1.74m) Dining Room (3.56m x 4.72m) First Floor Landing Bedroom One (3.55m x 3.15m) En-Suite Bedroom Two (2.05m x 4.31m) Bedroom Three (2.72m x 3.51m) Study (2.3m x 1.81m) Accessed via Bedroom Three.
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 273, Mile End Road, Essex
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