2-bedroom flat · CO4 5ZJ
Sold STCListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the sought-after Myland area, this two-bedroom second-floor apartment offers a beautifully presented living space, ideal for those seeking a comfortable and convenient home.
The property benefits from an excellent location with various local shops, schools, and amenities within easy reach.
Enjoy outdoor pursuits at the nearby Highwoods Country Park, and commuters will appreciate the convenient access to the A12/A120 road networks. Internally, the apartment is well-presented throughout.
A welcoming reception room provides a versatile space for relaxation and dining. The kitchen is designed for functionality, offering a great area for preparing meals.
There are two comfortable bedrooms, providing quiet retreats. A well-appointed bathroom serves both bedrooms.
Further benefits include allocated parking, adding to the convenience of this desirable property.
Early viewing is highly recommended to appreciate the comfort and convenience this Myland apartment offers.
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
Agent & docs
FAQ
About Chapman Place, Colchester, CO4 5ZJ
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