1-bedroom flat · CO3 0YS
Listing removedListed 103 days
Opportunity summary
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About
Offered for sale with no onward chain , this spacious one-bedroom first-floor apartment presents an excellent opportunity for buyers looking to create a home tailored to their own taste.
Requiring modernisation throughout, the property offers fantastic potential to add value and would make an ideal first-time purchase, investment opportunity, or downsizing option once refurbished.
The accommodation comprises a generous and light-filled lounge featuring a charming bay window, creating a bright and welcoming living space.
The separate kitchen offers a practical layout but would benefit from complete refurbishment, allowing the next owner to design a contemporary kitchen to suit their individual style.
The property also benefits from a well-proportioned double bedroom and a shower room, which also requires updating, completing the blank canvas on offer.
Externally, residents enjoy access to well-maintained communal gardens, providing pleasant outdoor space to relax and unwind.
There is communal parking available, in addition to an abundance of unrestricted on-street parking for residents and visitors.
Situated within the popular Stanway area of Colchester, Charles Court enjoys a highly convenient location with an excellent range of amenities close at hand.
Just a short distance away is the Tollgate Retail Park, offering a wide selection of supermarkets, high street retailers, restaurants, cafés, and leisure facilities.
Everyday shopping needs are well catered for, while nearby healthcare services, gyms, and local businesses add to the area's appeal.
For commuters, the property benefits from excellent transport links, with easy access to the A12 providing convenient routes towards Chelmsford, Ipswich, and London.
Marks Tey railway station is also within easy reach, offering direct rail services to London Liverpool Street, making the location ideal for those travelling for work.
Regular bus services operate throughout the area, connecting Stanway with Colchester City Centre and surrounding villages.
The property is also well positioned close to a variety of green open spaces, walking routes, and local parks, while Colchester's historic city centre is only a short drive away, offering an extensive selection of shops, restaurants, entertainment venues, and cultural attractions.
Combining generous proportions, a highly sought-after location, and outstanding scope for improvement, this property represents an exciting opportunity for purchasers looking to create a stylish home or investment in a well-connected and popular residential area.
Agent's Note: The property is being sold with no onward chain .
The lease currently has approximately 71 years remaining , and prospective purchasers are advised to seek independent legal advice regarding the lease term and any associated extension costs EPC Rating: D
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 Wheatfield Road, Stanway, CO3
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