2-bedroom bungalow · CO2 8QA
Sold STCListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a sought-after position on the Willows, this well-presented two-bedroom bungalow offers spacious accommodation, generous off-road parking, a south-facing rear garden and a single garage.
The property is entered via an enclosed porch with a sliding door, leading to the entrance hall.
From here there is access to a family shower room, both bedrooms and the spacious open-plan living accommodation. Both double bedrooms benefit from fitted wardrobes and windows to the rear elevation.
The modern shower room is fitted with a large walk-in shower cubicle, low-level WC, wash hand basin, Heated towel rail.
The dining area flows into the kitchen and living space, creating an ideal space for entertaining.
The living room features a large front-facing window which provides a comfortable and light-filled living space.
The kitchen is fitted with a range of units incorporating a gas hob with extractor hood, eye-level oven, sink, and space for a washing machine, tumble dryer and fridge.
Outside, the property is approached via a driveway accessed from Holm Oak, providing off-road parking for at least five vehicles in addition to the single garage.
The garage benefits from power, lighting and an up-and-over door.
There is gated side access to both sides of the property leading to the well proportioned south-facing rear garden, offering an outdoor space to enjoy throughout the day.
Location It is within easy reach of local shopping amenities and schooling and close to the city centre with its excellent range of shopping and recreational amenities, wine bars, restaurants and Mercury Theatre.
Directions Use postcode CO2 8QA for SATNAV. Important Information Council Tax Band - D Services – we understand mains water, drainage, gas and electric are connected. Tenure - Freehold EPC – D
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
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FAQ
About Holm Oak, Colchester, Essex, CO2
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