5-bedroom detached house · CO3 4BH
Listing removedReduced £50k (−6.9%) on 21 AugListed 527 days
Opportunity summary
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About
**guide price £800,000 to £850,000** A Unique Five-Bedroom Home in the Heart of Lexden Nestled in a private and secluded part of Lexden, this remarkable five-bedroom property is steeped in history.
Formerly a school, it has been thoughtfully transformed over the years into a warm and welcoming family home.
Seamlessly blending character and charm with modern comforts, this home offers the best of both worlds.
The location is highly sought-after for many reasons—chief among them its proximity to some of the top schools in the country, including the prestigious Girls’ High School and Grammar School on Lexden Road, both within walking distance.
The property is also conveniently close to an array of shops, bars, restaurants, museums, a theatre, and Colchester Castle, all located in the vibrant city centre.
Commuters are well-served by excellent public transport links, including a choice of three mainline train stations offering direct routes to London Liverpool Street.
Additionally, the nearby Tollgate and Stane Retail Parks provide a wide range of supermarkets and retail outlets for everyday convenience. The accommodation is generous, bright, and versatile.
It features five well-proportioned bedrooms and two bathrooms.
The stunning lounge boasts a vaulted ceiling, an apex window, a mezzanine floor, and beautiful French doors that open onto the rear garden—perfect for relaxing or entertaining.
The fully fitted kitchen flows effortlessly into a spacious dining area, ideal for hosting family and friends.
Outside, the expansive garden offers both space and seclusion, bordered by mature trees that ensure complete privacy. To the rear, the property also benefits from off-road parking and a garage.
Building Safety Some asbestos guttering and outbuilding roof Mobile Signal 4G great data and voice Existing Planning Permission Planning permission for larger garage Coalfield Or Mining No Lounge 6.00m x 5.80m (19' 8" x 19' 0") Kitchen 4.90m x 3.20m (16' 1" x 10' 6") Dining Room 5.20m x 5.20m (17' 1" x 17' 1") Principal Bedroom 1 5.00m x 3.90m (16' 5" x 12' 10") En Suite 3.90m x 1.80m (12' 10" x 5' 11") Bedroom 1 3.20m x 2.30m (10' 6" x 7' 7") Bedroom 2 4.30m x 2.90m (14' 1" x 9' 6") Bathroom 3.30m x 2.20m (10' 10" x 7' 3") Principal Bedroom 2 3.90m x 3.30m (12' 10" x 10' 10") Second Bedroom 3.30m x 2.30m (10' 10" x 7' 7") Disclaimer These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers.
Neither Knight Residential Limited nor any of its employees or agents has any authority to make or give any representation or warranty in relation to this property.
Agents Note Council Tax Band: E Standard construction Gas, Electricity and mains drainage Broadband and signal coverage - tbc
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 195a, Lexden Road, Colchester
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