2-bedroom terraced house · CO4 5FN
Listing removedListed 54 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom home in North Colchester, within The Gilberd School catchment and well placed for Colchester General Hospital, the A12 and Severalls Business Park.
Inside, there is a good-sized living room opening directly onto the garden, fitted kitchen, two useful bedrooms and a family bathroom.
Allocated parking is provided to the rear, while local bus services provide connections towards Colchester North railway station. Offered unfurnished and available from 16th September at £1,400 pcm.
Some More Information Accommodation begins with an entrance hall, with the fitted kitchen positioned to the front of the house.
Shaker-style units provide a good amount of cupboard and worktop space, complemented by tiled splashbacks, an integrated oven and gas hob. There is also space for a washing machine and fridge/freezer.
Beyond the hallway is a well-proportioned living room, with plenty of space for both seating and additional furniture.
Stairs rise from the room to the first floor, while French doors and adjoining windows provide plenty of natural light and open directly onto the rear garden.
Upstairs, the main bedroom is a comfortable double with built-in wardrobes and two windows overlooking the rear.
Bedroom two provides another useful room which, as currently arranged, comfortably accommodates a bed alongside a desk and workspace.
Completing the first floor is the bathroom, fitted with a white suite including a bath with shower over, WC and pedestal wash basin.
Externally French doors from the living room open onto an enclosed rear garden, mainly laid to lawn with a paved pathway and gated rear access. Allocated parking is also provided to the rear.
Location Springham Drive is positioned in Highwoods, North Colchester, an established residential area particularly well placed for the hospital, schools and the major employment areas to the north of the city.
For families looking ahead to the new school year, the property falls within The Gilberd School catchment, while a range of primary schooling and everyday amenities can also be found around Highwoods.
Colchester General Hospital is close by, making the location particularly practical for hospital staff.
Local bus services also run through the area towards Colchester North railway station, with onward rail connections to Chelmsford and London Liverpool Street.
Road links are equally convenient, with straightforward access to the A12, Severalls Business Park, Colchester Business Park and Colchester City Centre.
Entrance Hall W/C (0.94m x 1.98m (3'1 x 6'6)) Kitchen (1.75 x 3.12 (5'8" x 10'2")) Living Room (3.79 x 4.31 (12'5" x 14'1")) Bedroom One (3.12 x 2.73 (10'2" x 8'11")) Bedroom Two (2.74 x 2.62 (8'11" x 8'7")) Bathroom Services Council Tax Band - B Local Authority - Colchester EPC - C Mains Electric Gas Central Heating Mains Water Mains Sewerage *Ultrafast broadband available in the area via Nexfibre, Openreach with speeds up to 10000 mbps.
(Details obtained from Ofcom - Aug 2026). *Best Mobile coverage for the area is available from Three & EE. (Details obtained from Ofcom - Aug 2026).
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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
FAQ
About 71, Springham Drive, Colchester
Explore nearby