2-bedroom detached house · CO7 9QE
Listing removedReduced £35k (−6.3%) on 9 AprListed 436 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A wonderful opportunity to purchase this well established detached bungalow in this sought after position within Wivenhoe.
Having been lovingly maintained over the years and offering some bespoke fixtures and fittings this excellent home currently offers a 22' Lounge with log burning stove, separate dining room, two double bedrooms, bathroom, kitchen, double garage, horseshoe driveway, plus a well stocked secluded garden.
Early viewing highly advised to fully apricate what this property has to offer.
Porch With tiled floor and door to Entrance Hall Radiator, loft access and glazed doors to Kitchen 11' 1" x 9' 3" (3.38m x 2.82m) Tiled floor, stable door to rear, window to side, a range of fitted units, drawers and display cabinets, solid wood worktops over, inset ceramic sink and drainer, fitted pantry cupboard, oven, hob and extractor and plinth heater.
Dining Room 11' 11" x 10' 5" (3.63m x 3.18m) Window to rear, radiator, dado rail, picture rail and French doors to lounge.
Lounge 22' x 11' 1" (6.71m x 3.38m) Bow bay window to front, window to rear, French doors to side, multi fuel burner with wood mantle over, radiator.
Bathroom Two obscure windows to rear, marble tiled floor, free standing bath, shower, heated towel rail, pedestal wash hand basin, close couple WC, dimplex heater.
Bedroom One 14' 7" x 11' 10" (4.44m x 3.61m) Bay window to front, radiator, picture rail. Bedroom Two 13' 6" x 11' 10" (4.11m x 3.61m) Bay window to front, radiator.
Double Garage 16' 6" x 14' 10" (5.03m x 4.52m) Up and over door to front, personal door to garden, window to rear, power and light, inspection pit.
Front Driveway A horseshoe in and out driveway with twin gates to front, ample off road parking.
Rear Garden A mature and private garden with various lawn and patio areas, brick built boiler house, two garden sheds, various trees, shrubs and plants.
Value & comps
No previous sales on record.
Returns
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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 Tower Road, Wivenhoe, Colchester, CO7
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