3-bedroom house · CO6 1LR
Listing removedListed 204 days
Opportunity summary
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About
** Guide Price £425,000-£450,000 ** A spacious chalet style property on a plot of approximately 0.37 of an acre with scope for further extension STPP.
The property is well presented and close to transport links for London.
An entrance door leads to an entrance hall with stairs to the first floor and a door leading to the lounge which has a feature fireplace with recessed cupboard and shelving.
The kitchen and dining room are located to the left of the property with the dining area located to the front.
The kitchen has been refitted by the current owners with a range of contemporary modern units and work surfaces with cupboards and drawers under, peninsular incorporating breakfast bar area and ceramic hob, eye level oven and grill, pantry cupboard, further storage cupboard and a double glazed door leading to the conservatory which is brick based and double glazed and includes plumbing for a washing machine and inset sink.
There is a stylish bathroom comprising walk-in shower, WC, freestanding bath, twin wash hand basins set into vanity unit, complementary tiling, inset recess and lighting.
The first floor landing gives access to a walk-in loft space. Bedroom one is located to the right with wardrobe recess and dormer windows to the front.
Bedroom two has a window to the side with built-in eaves storage cupboards. Bedroom three has a dormer window to the front.
Outside The property sits on a good size of approximately 0.37 of an acre with the rear garden being mainly laid to lawn with a paved patio area.
The garden is enclosed by fencing and has gated side access to the front. There is a brick built storage building for use as a workshop/working from home space.
The good size frontage has off road parking for several vehicles, EV charging point and an attached garage.
Location The property is situated on the edge of this development to the west of Colchester with great access for Marks Tey Station for London's Liverpool Street, A12 for the M25 and beyond and A120 for Stansted Airport.
There is good primary schooling nearby. Stanway Secondary School is a short distance. Tollgate Retail Park is a short drive away and there are shopping facilities for day to day needs in Marks Tey.
Directions SatNav - postcode CO6 1LR Important Information Council Tax Band – C EPC rating – D Services - We understand that mains water, gas, drainage and electricity are connected to the property.
Tenure - Freehold Our ref - TOL250246
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 25, Jays Lane, Colchester
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