2-bedroom terraced house · CO1 2NU
Let agreedListed 48 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available NOW! Don't miss this opportunity to rent this great two double bedroom Victorian Cottage.
With a typical size and layout to many properties in the area, we would highlight that those with mobility issues (or young children) may not cope well with the steep central staircase.
Based in the lovely area off of Hythe Hill the property has easy access into the city centre with all the retail experience, bars and restaurants that you could want, as well as being close to Essex University.
Council Tax Band: B Entrance Door Door through to; Living Room w: 12' 1" x l: 11' 2" (w: 3.68m x l: 3.4m) uPVC entrance door and window to the front, carpeted and with two built-in cupboards.
Inner Lobby Carpeted stairs leading to first floor.
Dining Room w: 12' 1" x l: 11' 2" (w: 3.68m x l: 3.4m) Double glazed window to the rear, carpeted with walk-in under-stairs cupboard and access to kitchen.
Kitchen w: 8' 5" x l: 6' 2" (w: 2.57m x l: 1.88m) Double glazed door giving access to rear storage shed and private garden.
Window which with the range of white fitted units and worktop new integrated electric oven and induction hob with extractor hood over, space and plumbing for washing machine. Combi boiler.
Landing Access to both bedrooms and the bathroom.
Bedroom One w: 12' 1" x l: 11' 2" (w: 3.68m x l: 3.4m) Double glazed window to the front, carpeted with built-in cupboard Bedroom Two w: 12' 1" x l: 7' 9" (w: 3.68m x l: 2.36m) Carpeted with double glazed window to the rear.
Bathroom w: 8' 9" x l: 6' 6" (w: 2.67m x l: 1.98m) Large bright and airy room with windows to the rear and side.
Currently undergoing work to install electric shower, with hand wash basin and WC. Tiled floor and partially tiled walls.
Garden The rear garden is mostly paved and currently enclosed on three sides.
There is pedestrian access to the garden via a right of way over the next-door property plus there is a right of way across the start of the garden for the owners / occupiers of the next two adjacent houses.
In addition, there is a brick built shed / outhouse.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 St. Leonards Road, Colchester
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