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See how verdicts work3-bedroom bungalow · CO3 4SP
No longer listedListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £475,000 to £500,000.
Situated in the sought after area of PRETTYGATE, we are delighted to offer for sale three bedroom detached bungalow which has been EXTENDED AND RENOVATED TO A HIGH STANDARD THROUGHOUT.
The property benefits from detached garage and ample off road parking, luxury fitted kitchen, 23ft sitting room, attractive garden to the rear.
An early viewing is recommended to avoid any disappointment.
UPVC double glazed entrance door to: ENTRANCE HALL Radiator, loft access (loft housing combination gas fired boiler - not tested by Elms Price and Co), coved cornicing, wall mounted thermostat, built-in cupboard.
BEDROOM ONE 16' 1" x 11' 8" (4.9m x 3.56m) Double glazed window to front, double glazed window to side, radiator, telephone point.
BEDROOM TWO 13' 4" x 9' 9" (4.06m x 2.97m) Double glazed window to front, radiator. BEDROOM THREE 9' 9" x 9' 2" (2.97m x 2.79m) Velux window, radiator.
STUDY 9' 6" x 9' 3" (2.9m x 2.82m) Double glazed window to rear, radiator, double glazed door to garden, Amtico flooring.
BATHROOM Double glazed window to rear, modern fitted suite comprising bath with centre mixer tap, shower, and shower screen, tiling to bath and shower area, vanity wash basin with mixer tap, low level WC, tiled floor.
KITCHEN 14' 8" x 10' 5" (4.47m x 3.18m) KITCHEN 14'8 x 10'5 Double glazed window to side, Amtico flooring, low voltage lighting.
Luxury fitted kitchen comprising; one and a half sink unit with mixer tap, selection of base and eye level units, concealed fridge/freezer, concealed dishwasher and concealed washing machine, built-in induction hob with extractor fan above, built-in microwave, built-in oven, open plan into: CONSERVATORY 10' 1" x 9' 5" (3.07m x 2.87m) Brick base, radiator, UPVC glazing to all aspects, double glazed French doors to garden, Amtico flooring.
SITTING ROOM 23' 4" x 12' 7" (7.11m x 3.84m) Double glazed sliding patio doors leading onto garden, full height double glazed window to rear, two vertical radiators, low voltage lighting, Amtico flooring, TV and telephone point.
OUTSIDE To the front of the property there is ample off road parking which in turn leads to a detached garage. A side gate provides access to the rear garden.
To the rear is an attractive garden which is mainly laid to lawn with patio/seating areas, mature shrubs. ADDITIONAL INFORMATION Council tax band : D. Local authority : Colchester City Council.
Energy rating : C.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Gilwell Park Close, Colchester
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