2-bedroom terraced house · CO2 9QB
Sold STCListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set in a pleasant position within Ilex Close, Colchester, this two-bedroom home offers a practical layout, allocated parking and a lovely outlook over a green area to the front.
With a good balance of indoor and outdoor space, it could make an ideal first home, investment or property for a couple.
The ground floor features a welcoming lounge, providing a comfortable space to relax and unwind, while the kitchen/diner offers a more sociable setting for cooking, dining and entertaining.
The layout makes the most of the available space and provides a practical hub for everyday life.
Upstairs are two well-proportioned bedrooms and the family bathroom, offering everything needed for comfortable day-to-day living.
Outside, the rear garden provides a private space to enjoy during the warmer months, whether you're looking to create an area for outdoor dining, entertaining or simply somewhere to relax with a morning coffee.
A particularly appealing feature of the property is its position fronting onto a green area, giving the home a pleasant outlook and creating a sense of openness that you don't always find with modern residential developments.
The property also benefits from allocated parking to the rear, providing convenient off-road parking close to the house.
Ilex Close offers a peaceful residential setting while remaining well placed for access to Colchester's amenities, schools, shops and transport links, making this a great option for those wanting a comfortable home in a convenient location.
Whether you're a first-time buyer looking to take your first step onto the property ladder, a couple searching for your next home or an investor looking for a property with strong practical appeal, this two-bedroom home offers a great combination of comfort, convenience and outdoor space
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 18, Ilex Close, Colchester
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