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See how verdicts work2-bedroom flat · CO3 9EX
Sold STCListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £180,000 - £190,000*** Situated in the popular Lexden area, to the west of Colchester, is this well-presented two-bedroom ground-floor maisonette.
The property is conveniently positioned for a variety of local shops and amenities, with excellent access to the A12 and Tollgate Retail Park.
Colchester’s historic city centre is also within easy reach by car or bus, while the property is well placed for a number of highly regarded local schools.
Internally, the accommodation comprises an entrance hall, lounge and a good-sized kitchen/diner featuring an integrated oven and hob.
There are two well-proportioned bedrooms and a modern bathroom, completing this appealing and conveniently located home.
The property benefits from having one parking space and use of the communal garden area. Palmer & Partners would recommend an early internal viewing to avoid disappointment.
EPC: C Entrance Hall Kitchen/Diner (4.67m x 2.28m) Lounge (3.52m x 2.91m) Bedroom One (3.23m x 2.91m) Bedroom Two (3.19m x 2.26m) Bathroom (2.08m x 1.74m)
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 1 Mayflower Court,, Collingwood Road, Essex
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