4-bedroom house · CO7 9QU
Listing removedReduced £20k (−6.5%) on 20 JunListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain is this excellent five bedroom property within easy reach of good local schools and Essex University.
Set up to run as a House of Multiple Occupancy but could easily be used as a family home this well kept home offers three bedrooms and family bathroom on the first floor, lounge, kitchen/Diner, two bedrooms, cloakroom, utility cupboard on the ground floor, off road parking and great rear garden.
The property has recently been completely been updated with new flooring and decor. Viewing advised. Entrance Hall With stairs to first floor and doors to.
Kitchen/Diner 12' 0" x 10' 3" (3.66m x 3.12m) Window to front, a range of fitted units and drawers with worktops over, inset sink, fitted oven, extractor, spaces for appliances, matching eye level units, tiled splashbacks.
Living Room 12' 1" x 11' 6" (3.68m x 3.51m) Window and French doors to rear, radiator. Utility Cupboard 6' 2" x 5' 6" (1.88m x 1.68m) Spaces for appliances and meters.
Bedroom 1 10' 0" x 8' 7" (3.05m x 2.62m) Window to front, radiator. Bedroom 2 12' 1" x 6' 1" (3.68m x 1.85m) Window to rear, radiator. Landing Airing cupboard and doors to.
Bedroom 3 10' 5" x 10' 2" (3.17m x 3.10m) Window to rear, radiator, wardrobe. Bedroom 10' 2" x 7' 0" (3.10m x 2.13m) Window to rear, radiator.
Bedroom 4 10' 0" x 6' 8" (3.05m x 2.03m) Window to front, radiator, wardrobe. Shower Room Obscure window to front, shower cubicle, pedestal wash hand basin, close coupled WC, radiator.
Rear Garden All enclosed by panel fencing, patio area, low maintenance shingle area. Parking Off road parking via the front driveway
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 34, Broome Grove, Colchester
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