1-bedroom flat · CO2 9NX
Listing removedReduced £10k (−6.7%) on 28 JulListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £150,000 - £160,000***share of freehold*** Offered for sale with no onward chain, is this one bedroom ground floor flat, situated to the south of Colchester's city centre.
Well positioned close to local amenities and excellent transport links into Colchester city centre offering a variety of shops, restaurants and amenities.
Internally the accommodation comprises of an entrance lobby, lounge with red brick feature fireplace, kitchen with space for appliances and modern bathroom.
The property benefits from having one allocated parking space and its own rear garden with two sheds to remain. Palmer & Partners would recommend an early internal viewing to avoid disappointment.
EPC: Tbc Entrance Lobby Lounge (3.81m x 3.78m) Inner Hallway Kitchen (3.99m x 1.73m) Bedroom (3.07m x 2.69m) Bathroom Agents Note We have been advised, by the current vendor, the following regarding the lease: Lease length - originally 999 years with 900 plus remaining Service charge - £0 Ground rent - £0
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 32, Maypole Green Road, Shrub End, Essex
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