3-bedroom flat · CO7 0FX
Listing removedReduced £20k (−7.4%) on 20 JunListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***waterside marina*** Three Bedroom Duplex Apartment offering impressive space and luxury whilst occupying a sought after location within easy reach of Brightlingsea's local amenities and just a short stroll to the waterfront.
All three bedrooms benefit from En-suite bath or shower room. The accommodation comprises of lounge, large breakfast room/kitchen with fitted appliances.
In addition, there is gas central heating and double glazing. The Shipyard makes up part of the popular marina development with shops and wine bar, local schools and supermarkets are also close by.
The property also benefits from two parking spaces and is offered with no onward chain Entrance Hall Entrance door, stairs to first floor landing, radiator. Built-in double cupboard.
Cloakroom Low level WC and wash hand basin. Tiled flooring, half tiled walls, radiator.
Kitchen/Living/Dining Room (23' 9'' x 16' 4'' (7.23m x 4.97m)) Views across gardens with distant views of the sea. Stainless steel 11⁄2 bowl sink and drainer inset work top.
Range of base, drawer and eye level units. Integrated fridge/freezer, integrated dishwasher, built in oven and 4 ring gas hob with extractor over. Two radiators.
Bedroom Three (18' 11'' x 14' 7'' (5.76m x 4.44m)) Double glazed window and door to Juliet balcony, radiator En-Suite Shower Room Low level WC, pedestal wash hand basin and shower cubicle.
Heated towel rail, tiled flooring, radiator.
First Floor Landing Built in cupboard, doors to: Bedroom One (16' 3'' x 15' 6'' (4.95m x 4.72m)) Double glazed door to Juliet balcony and double glazed window, distant sea view, garden view.
Radiator, door to: En-Suite Shower Room Walk in double shower, wash hand basin and ow level WC. Velux style window, heated towel rail, tiled flooring.
Bedroom Two (16' 2'' x 15' 6'' (4.92m x 4.72m)) Double glazed doors to Juliet balcony, radiator, door to: En-Suite Bathroom Panelled bath, wash hand basin and low level WC.
Heated towel rail, tiled flooring. Exterior The property enjoys use of a communal garden which is tastefully designed with artificial lawn areas, raised flower beds and feature patio areas.
Short walk to the waterfront. There is also secure underground parking for two vehicles.
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 Flat 8 The Shipyard, Waterside, Colchester
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