2-bedroom house · CO1 2FP
Sold STCReduced £10k (−4.5%) on 8 FebListed 329 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***GUIDE PRICE £210,000- £220,000*** Offered for sale with no onward chain, is this two bedroom coach house, located in a quiet and modern Bellway development close to the centre of Colchester.
Ideally positioned, the property offers convenient access to local schools, shops, and amenities, and is within easy reach of the historic city centre, the University of Essex, as well as both the Hythe and Colchester train stations, providing direct links to London Liverpool Street.
Internally the accommodation comprises of a large reception room, modern kitchen, family bathroom and two bedrooms with built-in storage to the master.
The property is further enhanced by having a designated parking space and exterior storage. Palmer & Partners would recommend an early internal appointment to avoid disappointment.
EPC: C Lounge/Diner 16' 6" x 17' 2" Kitchen 7' 8" x 7' 5" Hallway Bedroom One 10' 9" x 9' 9" Bedroom Two 10' 5" x 6' 10" Bathroom 6' 8" x 5' 6" Agents Note We have been advised by the current owner that there is a service charge of £21.50 per month.
Photographs shown were taken prior to the tenants moving out.
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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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 Lenz Close, Colchester, Essex, CO1
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