2-bedroom house · CO1 2SZ
Sold STCReduced £5k (−2.5%) on 22 AugListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming two-bedroom Victorian terrace home, ideally positioned in central Colchester within moments of the vibrant City Centre, Hythe Station (with direct links to London Liverpool Street), the University of Essex, Tesco Superstore and an array of excellent local amenities.
Offered chain free, this property presents an ideal first-time purchase or investment opportunity. The well-balanced accommodation is arranged over two floors.
The ground floor comprises a spacious living room, a well-equipped kitchen/dining area with space for appliances, a separate utility area and a ground floor bathroom.
To the first floor are two well-proportioned bedrooms and a convenient first floor cloakroom.
Externally, the property benefits from a low-maintenance rear garden, laid to patio and lawn and enclosed by panel fencing. To the front, there is on-street parking available.
Living Room 11' 11" x 10' 7" (3.63m x 3.23m) Kitchen/Dining Room 11' 11" x 9' 10" (3.63m x 3.00m) Bathroom 7' 1" x 5' 10" (2.16m x 1.78m) Bedroom One 11' 11" x 10' 7" (3.63m x 3.23m) Bedroom Two 8' 6" x 6' 8" (2.59m x 2.03m)
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
FAQ
About 21, Greenstead Road, Colchester
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