5-bedroom house · CO3 8BU
Listing removedListed 318 days
Opportunity summary
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About
Immaculately presented and exceptionally spacious, this double bay-fronted five-bedroom, three-bathroom detached family home spans just under 2,000 sq ft of accommodation (inclusive of the garage).
Set across three floors and positioned on the sought-after Penguin Parade in Stanway, the property offers superb access to highly regarded schools, Stane Retail Park, the A12, and Marks Tey Train Station-providing direct links into London Liverpool Street.
A welcoming entrance hall sets the tone, finished with stylish tiled flooring that continues seamlessly throughout the hallway, study, and the impressive open-plan living/dining/kitchen area.
To the front sits a versatile bay-fronted study/playroom, with fitted shutters to the front which carry on throughout the house, complete with built-in storage.
The spacious bay-fronted living room offers an inviting retreat, while a convenient downstairs WC serves the ground floor.
The heart of the home is the expansive open-plan living/dining and kitchen area, designed for modern family life and entertaining.
The kitchen features a sleek array of high-quality units, ceramic kitchen sink and tap, ample worktop space, and a full range of integrated appliances.
Patio doors open directly onto the rear garden, seamlessly connecting indoor and outdoor living.
The first-floor landing provides multiple storage cupboards and leads to four well-proportioned bedrooms.
A generous double bedroom enjoys access to a contemporary Jack & Jill bathroom, fitted with a walk-in electric-shower cubicle, WC, and wash basin.
This bathroom also links to an additional double bedroom, which benefits from a built-in wardrobe/storage cupboard.
Two further bedrooms and a modern family bathroom finished with stylish tiled flooring-comprising a bath, WC, and wash basin-complete this floor.
Occupying the entire top level is the show-stopping principal bedroom suite. This luxurious space offers a bright and airy feel with multiple windows allowing an abundance of natural light.
It further benefits from a walk-in wardrobe and a beautifully appointed en-suite finished with stylish tiled flooring, featuring a double walk-in shower, separate bath, WC, and wash basin.
The landscaped rear garden provides a fantastic low-maintenance social space, laid out with extended porcelain tiling, an area of quality artificial lawn, and a side gate giving access to the driveway.
The side driveway offers ample off-road parking for two vehicles and leads to the garage, which features power and an up-and-over door.
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 18, Penguin Parade, Colchester
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