2-bedroom bungalow · CO4 0LX
Listing removedReduced £10k (−3.4%) on 18 JulListed 128 days
Opportunity summary
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About
***guide price £290,000 - £300,000*** Palmer & Partners are delighted to offer for sale this two-bedroom semi-detached bungalow, offered with no onward chain and situated in a popular residential location providing convenient access to a wide range of local amenities, schools, and transport links.
The area is well served by nearby shopping facilities, supermarkets, and leisure amenities, while Colchester city centre is within easy reach, offering an extensive selection of restaurants, bars, and retail outlets.
Excellent road connections via the A12 make commuting straightforward, and regular rail services from nearby stations provide direct links to London Liverpool Street.
The accommodation comprises an entrance porch opening into a spacious lounge and dining area, alongside a well-appointed kitchen with direct access to the rear garden.
There are also two well-proportioned bedrooms and a modern shower room.
Externally, the property benefits from an enclosed rear garden, predominantly laid to paving and decorative shingle, with panel fencing to the boundaries.
The garden also features a garage/workshop equipped with power and lighting, offering excellent storage or hobby space.
A side gate provides access to the front of the property, where there is a lawned garden and off-road parking via a private driveway.
Palmer & Partners strongly recommend an early internal viewing to fully appreciate the accommodation and avoid disappointment.
Porch (1.4m x 1.24m) Lounge (4m x 4m) Dining Room (3.02m x 1.98m) Kitchen (3.15m x 2.64m) Hallway (1.73m x 1.93m) Bedroom Two (3.43m x 3.15m) Bedroom One (2.54m x 4.1m)
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 2, Belmont Crescent, St. Johns, Essex
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