2-bedroom semi-detached house · CO7 9GD
Listing removedReduced £9k (−2.7%) on 25 AprListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A chance to acquire this modern two bedroom semi-detached house on the ANCHORAGE DEVELOPMENT in LOWER WIVENHOE, situated within a short walk of the train station (London Liverpool Street approximately 75 minutes), local shops and facilities.
The property in our opinion is in GOOD CONDITION THROUGHOUT, and viewing is recommended.
Double glazed entrance door to: ENTRANCE HALL Stairs to first floor, wood flooring, built-in cupboard housing gas combination boiler (not tested by Elms Price and Co), radiator.
KITCHEN 8' 7" x 5' 10" (2.62m x 1.78m) Double glazed window to front, stainless steel one and a half bowl sink unit set into work surface, base and eye level units, inset four ring AEG induction hob with extractor fan above, oven under, space for domestic appliances, plumbing for washing machine, radiator.
LOUNGE 15' 1" x 12' 2" (4.6m x 3.71m) Double glazed window to rear, double glazed French doors to rear garden, cast iron log burner, wood flooring, two radiators, storage cupboard understairs.
FIRST FLOOR LANDING Loft hatch, doors to: BEDROOM ONE 10' 0" x 9' 3" (3.05m x 2.82m) Double glazed window to front, two built-in double wardrobes, radiator.
BEDROOM TWO 12' 2" reducing to 9' 1" x 7' 9" (3.71m reducing to 2.77m x 2.36m) Two double glazed windows to front, built-in single wardrobe, radiator.
BATHROOM Bath with shower, vanity wash basin, WC, radiator. OUTSIDE A block paved area to side provides off road parking.
Converted garage with door to front, door to rear, power and light, stainless steel sink. To the rear is a good size garden with laid lawn, patio, flowers, shrubs and trees, wooden shed.
ADDITIONAL INFORMATION Council tax band : C. 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
Agent & docs
FAQ
About 12, Merediths Close
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