3-bedroom house · CO6 3NP
Listing removedListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** Open house booked for Saturday 27th June between 10am and 12. Please call to book your viewing slot.
*** Guide price of £280,000 - £300,000 Nestled within the charming and highly regarded village of Fordham, this characterful three bedroom semi detached property presents a rare opportunity to acquire a home with both period charm and outstanding potential.
Set within a generous plot and offering beautifully proportioned accommodation, the property is ideal for buyers seeking to create a bespoke home in a sought after semi rural setting.
Upon entering, you are welcomed via an entrance porch leading into a spacious and inviting lounge/dining room, where a feature fireplace and natural light from the front aspect create a warm and characterful living space.
From here, double doors open into the kitchen, which offers a range of fitted units and enjoys excellent natural light from rooflights, presenting a fantastic opportunity for modernisation and reconfiguration.
To the rear, the property benefits from a versatile garden room, offering the perfect space for relaxing or entertaining, with double doors opening directly onto the garden.
The ground floor is completed by a family bathroom, offering scope for updating to suit contemporary tastes.
The first floor provides three well proportioned bedrooms, all featuring built in storage, alongside a convenient cloakroom.
The layout offers flexibility for a variety of buyers, whether as a primary residence, family home, or lifestyle move. Externally, the property truly comes into its own.
The generous rear garden, predominantly laid to lawn with a patio area, offers an excellent outdoor space with significant potential for landscaping and extension (subject to the necessary consents).
To the front, a driveway provides off road parking and leads to a garage, further enhancing practicality.
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 1, Plummers Road, Colchester
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