2-bedroom flat · CO7 9GT
Listing removedListed 199 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully positioned and wonderfully presented waterside first floor bright and airy apartment overlooking the wet dock/estuary.
Situated in the sought after Cooks Shipyard development and being central for quayside access also just a short walk to the mainline station with fast access to London's Liverpool street station.
Highlights include open plan living including French doors onto the west facing balcony, kitchen, two bedrooms and bathroom and en suite, off road parking. Guide price £375,000 - £400,000.
Communal Entrance Secure communal entrance door with security entry phone to: Hallway Airing cupboard, radiator, doors leading to: Kitchen Double glazed window to front with river view, inset spotlights, radiator, fitted modern gloss kitchen with worktop, inset sink, gas hob, extractor fan, built in oven, fridge/freezer, dish washer, washing machine, open onto the living room.
Living Room Double glazed window to front with river view, double glazed French doors to balcony, radiator, open plan onto the kitchen.
Bedroom Double glazed window to rear, radiator, built in wardrobe. En Suite Shower cubicle, WC and wash basin, inset spotlights, radiator. Bedroom Double glazed window to rear, radiator.
Bathroom Jack and Jill bathroom, inset spot lights, shower, WC, wash basin, inset spotlights, radiator. Balcony Charming views overlooking the wet dock and Estuary.
Parking One allocated parking space.
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 Lord Nelson Court, Walter Radcliffe Road, Colchester
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