2-bedroom detached house · CO7 0LX
Sold STCReduced £10k (−3.7%) on 2 AprListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**TWO BEDROOM DETACHED BUNGALOW RIPE FOR IMPROVEMENT** Located in a PRIME ROAD near the Town centre shops and only a short distance to the Waterfront and Marina, is this established home ready for refurbishment.
Traditional sized rooms with a nice size hallway, two double bedrooms at the front, lounge and kitchen at the back plus a shower room.
The rear garden is very pleasant being tiered with a patio area and mainly grassed with a pond and summer house.
Off road parking and a central, well requested location makes this bungalow one not to be missed. NO CHAIN Entrance Hallway Entrance door, stripped floorboards, radiator.
Access to loft via hatch, airing cupboard with slatted shelving and electric heater. Lounge 13' 3'' x 10' 0'' (4.04m x 3.05m) UPVC window to side aspect with French doors to rear.
Stripped floorboards. Feature fire place with gas fire, radiator. Kitchen/Breakfast Room 11' 9'' x 8' 8'' (3.58m x 2.64m) UPVC windows to side and rear aspects, door to rear.
Stainless steel sink unit with cupboards under, wall mounted gas boiler, pantry housing electric meter.
Vinyl flooring, Bedroom One 11' 10'' x 10' 0'' (3.60m x 3.05m) UPVC window to front aspect, stripped floorboards, built-in wardrobe and drawer units, radiator.
Bedroom Two 9' 11'' x 8' 8'' (3.02m x 2.64m) UPVC window to front aspect, stripped floorboards, radiator.
Shower Room 6' 10'' x 5' 5'' (2.08m x 1.65m) Obscured UPVC window to side aspect. Vanity wash hand basin with close coupled WC, shower enclosure with wall mounted shower.
Lean To 13' 8'' x 6' 1'' (4.16m x 1.85m) Windows to two aspects, door to rear garden, two storage sheds. Quarry tiled flooring.
Exterior FRONT Retaining wall with mature privacy hedging, off road parking. Gated side access to rear. REAR Private easterly facing garden with pathway to rear leading to a summer house.
Garden pond, tiered grassed garden, patio area.
Value & comps
No previous sales on record.
Returns
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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 Richard Avenue, Brightlingsea, Colchester, CO7
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