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See how verdicts work3-bedroom bungalow · CO3 0HX
Listing removedListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £475,000 - £500,000.
Positioned on a sizeable plot of approximately 0.2 of an acre, this spacious and fully renovated three double bedroom detached bungalow is located on Lucy Close, within the highly desirable Stanway area of Colchester.
The property enjoys excellent access to Stane Retail Park, the A12, and Marks Tey Train Station, which offers direct services into London Liverpool Street, making it ideal for both commuters and families alike.
The accommodation begins with a generous entrance hall, providing access to the boarded loft space and a large built-in storage cupboard housing the gas central heating boiler, which we are advised was installed just over two years ago.
The bungalow benefits from a modern, fully tiled shower room, fitted with a double walk-in shower, WC, wash basin, and heated towel rail.
There are three well-proportioned double bedrooms, including a spacious principal bedroom featuring built-in wardrobes and storage units.
To the rear of the property is a large and inviting lounge, with a double-glazed side window and French doors opening directly onto the rear garden, creating a bright and airy living space.
Also positioned at the rear is the stylish, contemporary kitchen, fitted with a range of modern units complemented by quartz work surfaces.
Appliances include an inset ceramic hob with pan drawers beneath and extractor above, oven and grill, integrated microwave, fridge freezer, and dishwasher.
The kitchen is finished with polished tiled flooring and complementary wall tiling, with French doors again providing access to the garden.
Completing the internal layout is a useful utility area with a door leading outside. Externally, the property truly shines.
The rear garden is predominantly laid to lawn, with a paved patio area directly adjacent to the bungalow, ideal for outdoor dining and entertaining.
A personal door provides access to the detached garage, and there is also a large timber shed/workshop. The garden is fully enclosed by fencing, offering a good degree of privacy.
To the front, a block-paved driveway provides off-road parking for numerous vehicles, with double gates leading to the garage and additional secure parking.
The remainder of the front garden is neatly laid to lawn, completing this impressive and versatile home.
Value & comps
No previous sales on record.
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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 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 Lucy Close, Stanway
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