3-bedroom bungalow · CO3 4QT
Sold STCListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly sought-after Prettygate area of Colchester, this spacious three bedroom detached bungalow is presented to the market in very good order.
The property benefits from 21ft entrance hall, 17ft sitting room, ample off road parking and a south facing rear garden.
It is also conveniently located within the catchment area for a number of well-regarded local schools, including Philip Morant Secondary School.
The accommodation with approximate room sizes comprises:- 21´ ENTRANCE HALL Via a double glazed entrance door. Radiator, fitted double cupboard.
BEDROOM ONE 12' 4" x 11' 7" plus fitted wardrobes (3.76m x 3.53m) Window to front, radiator. BEDROOM TWO 11' 8" x 10' 8" plus fitted wardrobes (3.56m x 3.25m) Window to front, radiator.
BEDROOM THREE 10' 7" x 7' 9" plus fitted wardrobes (3.23m x 2.36m) Window to side, radiator.
SHOWER ROOM Fully enclosed shower cubicle, vanity wash basin, wall tiling, tiled floor, inset spotlighting, obscure window to side. SEPARATE WC Low level WC, obscure window to side.
KITCHEN 11' 9" x 10' 2" (3.58m x 3.1m) Single bowl sink unit with mixer tap set into work surfacing, base and eye level units, built-in double oven with cupboard above and below, ceramic hob with extractor fan above, concealed dishwasher, window to rear, door to rear garden.
SITTING ROOM 17' 1" x 13' 9" (5.21m x 4.19m) Patio doors to rear garden, window to side, coal effect fire, TV and telephone point.
DINING AREA 10' 2" x 7' 6" (3.1m x 2.29m) Picture window to rear, radiator. OUTSIDE The property offers ample off-road parking, leading to a 17'9 garage.
Side access leads to the enclosed south-facing rear garden, which features patio laid lawn, flowers and shrubs. ADDITIONAL INFORMATION Council tax band : D. Local authority : Colchester City Council.
Energy rating : to be confirmed.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Reynolds Avenue, Prettygate, Colchester
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