3-bedroom semi-detached house · CO3 8BU
Sold STCReduced £10k (−2.8%) on 22 MayListed 387 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Penguin Parade, Stanway, CO3 – West Colchester **Guide Price £350,000 - £360,000** An exceptional three-bedroom semi-detached family home, presented in excellent decorative order with modern fittings and the benefit of a new build guarantee remaining.
Ideally located in West Colchester (Stanway), the property is close to schools, shops, Stanway Retail Park, Tollgate facilities, and transport links, including Marks Tey Station offering direct services to London Liverpool Street in under an hour.
The ground floor features a welcoming entrance hall, downstairs cloakroom, a bright reception room with stairs to the first floor, and a modern kitchen with high-gloss units, integrated oven, space for appliances, and patio doors leading to the rear garden.
Luxury vinyl flooring runs throughout the ground floor, with an additional understairs storage cupboard. Upstairs offers two well-proportioned double bedrooms and a single third bedroom.
The master bedroom benefits from an en-suite shower room, while the family bathroom serves the remaining bedrooms.
The property enjoys a large, private enclosed rear garden with raised decking ideal for entertaining, lawned area, secure panel fencing, and gated side access.
To the front, there is a private driveway providing parking for two to three vehicles. Offered with no onward chain – early viewings are strongly advised to avoid disappointment.
Entrance Hall Cloakroom Living Room 16' 11" x 8' 3" (5.16m x 2.51m) Kitchen-Diner 16' 2" x 8' 3" (4.93m x 2.51m) Landing Master Bedroom 13' 2" x 13' 0" (4.01m x 3.96m) En-Suite Shower Room Bedroom Two 9' 9" x 8' 4" (2.97m x 2.54m) Bedroom Three 8' 4" x 6' 2" (2.54m x 1.88m) Bathroom Additional Information The property is subject to an annual estate charge – all parties are advised to confirm the amount with their consultant and solicitor at an early stage of conveyancing.
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 Penguin Parade, Stanway, Colchester, CO3
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