5-bedroom detached house · CO3 3RN
Listing removedListed 337 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached five-bedroom family home located on a cul-de-sac set back from Lexden Road.
The property offers ample off-street parking and a sizable mature rear garden all within easy reach of renowned local schools and the city centre The property was extended and remodelled in the seventies to offer five bedrooms including a principle suite with walk in dressing room and en-suite.
It worth noting that some neighbouring properties have also extended into the loft as well as building rear extensions which if done here and subject to planning permissions, could add considerable value.
Accommodation Ground floor Currently the ground floor accommodation offers a dual aspect living room that leads on to the dining room via a set of sliding doors, comprehensive kitchen, breakfast room and WC.
There is also an integrated single garage that would also have potential for further living accommodation.
First floor The first floor is accessed via a split-level staircase with two bedrooms over the garage and breakfast room that share a small shower room to one side and the other with three double bedrooms including the principle suite and the family bathroom.
Outside The property sits on a sizable plot backing onto gardens of houses from neighbouring Sanders Drive. There is ample off road parking and integral garage.
Value & comps
No previous sales on record.
Returns
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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 Lexden Road, Lexden, Colchester, Essex, CO3
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