5-bedroom house · CO6 1EB
Listing removedListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Being Sold via Secure Sale online bidding. Terms & Conditions apply.
Starting Bid 550,000 Be absolutely amazed when you come and view this beautiful five bedroom detached family residence which has been and extended to a very high standard this property is Located close to Marks Tey train station, with direct links to London Liverpool Street, there are other fantastic communication links and is close to all local amenities.
As you enter at the ground floor you are welcomed by an inviting hallway leading through to; a cloakroom, main living room featuring an exposed brick fireplace this is a great space..
The kitchen/family room is a grand open plan area, with underfloor heating and Neff appliances.
It's bright and airy, thanks to a skylight that fills the room with natural light, making it perfect for entertaining. Bi-fold doors provide access to the rear garden, .
There is side access to the driveway. To the first floor there are four double bedrooms and a luxury first floor bathroom.
The master suite is a amazing size with fitted wardrobes, julliet balcony over looking the garden and a very impressive ensuite shower room with a double width shower cubicle.
At the side of the property there is tandem parking for several vehicles with a electric gated entrance, this leads to a larger than average double garage with power, lighting and additional storage at the rear.
Eco-conscious buyers will appreciate the solar panels, together with the energy efficiency rating of "C".
Council tax band - e Local Authority - Colchester City Council Broadband Availability - Broadband Available with speeds up to 61.3mbps Utilities - Mains Electric Gas Fired Central Heating.
Mains Water Mains Sewerage Construction Type - We understand the property to be of Traditional Construction of Brick.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. The property is being sold via a transparent online auction.
In order to submit a bid upon any property being A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers' obligations and sellers' commitments.
Both the Marketing Agent and money laundering regulations - Please be advised that all purchasers will need to adhere to currents laws of money laundering and the will need to provide Boydens Estate Agents photographic identification and proof of residency identification before any transaction is started to comply with the legislation.
Council Tax Band: E Tenure: Freehold Auctioneers Additional Comments Pattinson Auction are referred to below as The Auctioneer.
This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure aml procedures are carried out in accordance with the law Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 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 129, London Road, Marks Tey
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