2-bedroom flat · CO7 0DW
Listing removedReduced £10k (−5.1%) on 4 JulListed 223 days
Opportunity summary
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About
Smell the sea air from this superbly located first floor apartment just A stones throw to the marina and beachfront.
Guide Price £195,000-£210,000 A really spacious "share of freehold" flat with lots of light flooding through the property and a bright and airy hallway leads off to the accommodation.
A private flat with its own front door, large lounge with double aspect windows and open plan living to the fully fitted kitchen, making this a great entertaining space.
Two bedrooms and a family bathroom plus handy storage cupboard complete the inside. The communal space outside enjoys a grassed area perfect for a patio table and chairs to enjoy the fresh air.
The flat enjoys a garage with newly fitted door and a mezzanine floor ideal for storage, plus a drying area and bin store. There is also two guest parking spaces.
A 977 year long lease plus A share of the freehold makes this A rare and exceptionaly good value purchase for first time buyers and investors alike Ground Floor Entrance Private front door entrance leading to hallway and stairs to first floor.
Cloaks hooks and electric meter. First Floor Internal entrance door leading to hallway. Hallway Bright and airy with two UPVC sash windows to side aspect, laminate flooring.
Doors to: Lounge (15' 0'' x 15' 0'' (4.57m x 4.57m)) Beautifully bright space with double aspect UPVC sash windows to side and rear. Laminate flooring, two radiators. Open to kitchen.
Kitchen (10' 0'' x 7' 7'' (3.05m x 2.31m)) UPVC sash window to side aspect. Range of white eye level and base units with wood effect worktops over.
4 ring electric hob with oven under and extractor fan over. Stainless steel sink unit with single drainer and mixer tap.
Integrated fridge/freezer, space saving corner carousel unit, space for washing machine, tumble dryer and dishwasher. Laminate flooring. Wall mounted gas "Glow-Worm" boiler approx. 1 year old.
Bedroom One (10' 0'' x 8' 0'' (3.05m x 2.44m)) UPVC window to side aspect, carpet flooring, radiator. Loft hatch with ladder.
Bedroom Two (10' 2'' x 6' 11'' (3.10m x 2.11m)) UPVC window to side aspect, carpet flooring, radiator. Bathroom (10' 0'' x 5' 0'' (3.05m x 1.52m)) UPVC sash window.
'P' shaped bath with wall mounted shower attachment. Vanity wash hand basin with draws under and low level WC. Fully tiled walls, vinyl flooring, heated towel rail.
Exterior Communal gardens, bin store, drying area.
The single garage with handy mezzanine floor for storage, accessed via an architectural archway entrance which leads to the garage with new garage door along with two guest parking spaces.
A super location just a few yards to the Waterfront and Marina.
Shops and school are a five minute walk, as are the many pubs, eateries and bustling Brightlingsea High Street with many independent shops, Supermarkets and bus links.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 19, Oyster Tank Road, Colchester
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