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See how verdicts work2-bedroom flat · CO7 9GT
Listing removedListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully positioned and wonderfully presented waterside top floor apartment offered for sale with no onward chain.
Overlooking estuary and within a short stroll of the mainline station with fast links to London Liverpool Street in just over the hour, highlights includes open plan living, two bedrooms, en shower room, family bathroom, secure entry, allocated parking and Wivenhoes wonderful riverside on the doorstep.
Entrance Secure communal entrance via entry phone system. Doors lead from the jetty and the carpark and stairs rise to all floors.
Kitchen, Lounge/ Diner 19' 0" x 10' 4" (5.79m x 3.15m) Velux window to the front and rear, radiator, inset spot lights, a modern fitted kitchen including integrated sink, gas hob, over head fan, fridge/freezer, dish washer, washing machine.
The kitchen opens onto the open plan lounge/diner with views over the Estuary.
Bedroom 10' 10" x 9' 5" (3.30m x 2.87m) ) Velux window to the front, radiator, door to: En Suite Velux window, part tiled walls, shower encloser, wash hand basin, WC and radiator.
Bedroom 13' 1" x 6' 10" (3.99m x 2.08m) Velux window with stunning views, radiator.
Family Bathroom Velux window with stunning views, Part tiled walls, radiator, panned bath with over head shower, WC and wash hand basin.
Parking & Outside Space Allocated parking space, communal areas.
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 Lord Nelson Court, Walter Radcliffe Road, Colchester
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