3-bedroom detached house · CO1 2YU
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Guide Price £400,000 - £425,000 ** Well-presented three bedroom detached home in the sought-after Riverside area, within walking distance of Colchester city centre and Castle Park, with potential to extend (subject to planning permission).
Conveniently located within walking distance of the historic city centre and the beautiful Castle Park, the property has been thoughtfully improved by the current owners, including an extension completed in 2024.
Presented in excellent condition, this attractive home is ready for its new owners to move straight in and enjoy.
The ground floor comprises an entrance hall, convenient downstairs cloakroom and spacious open-plan living areas, with French doors opening onto the garden.
The modern extended kitchen is fitted with a range of high-quality appliances, including a Neff induction hob, Samsung combination oven and Smeg dishwasher.
The extension, completed in 2024, has further enhanced the kitchen space and created a separate utility room, providing practical accommodation for a washing machine and tumble dryer.
Additional benefits include a recently installed combi boiler and an abundance of natural light throughout the property.
The first floor offers three well-proportioned bedrooms and a modern family bathroom with a newly fitted electric shower over the bath.
The principal and second bedrooms both benefit from built-in wardrobes, providing ample storage.
Externally, the property benefits from a block-paved driveway providing off-road parking for three to four vehicles, alongside a garage with a newly fitted door (2026) and power supply.
Convenient side access leads to the enclosed rear garden, which features newly installed composite decking, creating an ideal space for outdoor entertaining and relaxation.
An external electrical point further enhances the practicality of the outdoor space.
Location is a particular highlight, with the nearby Riverside Walk offering pleasant opportunities for riverside strolls, while Colchester city centre and the popular Castle Park are within easy reach.
Colchester North station provides mainline rail connections to London Liverpool Street, making the property well suited to commuters.
A range of local schools, everyday amenities and Colchester Leisure World are also conveniently located nearby.
An excellent opportunity to acquire a spacious, improved and ready-to-move-into detached home in a highly desirable Colchester 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
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FAQ
About Bristol Road, Essex
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