5-bedroom semi-detached house · CO3 4QQ
Listing removedListed 256 days
Opportunity summary
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About
Guide Price: £500,000 - £525,000.
This double storey extended and immaculately presented five-bedroom, three-bathroom semi-detached family home is arranged over three floors, including a substantial loft conversion, and offers just under 2,000 sq ft of internal accommodation.
Situated on the quiet cul-de-sac of Crome Close in the highly regarded Prettygate area of Colchester, the property enjoys convenient access to high-performing primary and secondary schools, local amenities and excellent transport links.
The home has remained within the same generational family ownership since it was built in the 1960s, adding a rare sense of history and pride of ownership.
The accommodation begins with a welcoming entrance hall featuring understairs storage and a built-in cupboard.
A spacious living room with a gas fire provides a comfortable main reception space, with internal double doors leading through to a further sitting room.
This flows seamlessly into the extended kitchen and dining area, creating an ideal space for modern family living and entertaining.
The kitchen boasts shaker-style units, sleek worktops, integrated appliances, and benefits from a recently fitted Quooker hot tap and water softener. Patio doors open directly onto the rear garden.
Off the kitchen/dining area is a useful utility room, offering an external door to the garden and integral access to the garage.
Completing the ground floor is a modern shower room comprising a shower cubicle, WC, wash basin and heated towel rail.
The first floor features a spacious landing with window, a modern family bathroom fitted with a bath and overhead shower, WC, wash basin and heated towel rail, and a large double bedroom created as part of the double storey extension.
There are two further double bedrooms, along with a single bedroom currently used as a home office.
The top floor is occupied by the impressive loft conversion, offering a landing with window and a generous principal bedroom with dual-aspect dormer windows, built-in wardrobes, eaves storage and a further cupboard housing the boiler.
A newly fitted en-suite shower room completes this level, featuring a double walk-in shower, WC, wash basin with built-in storage and a heated towel rail.
Externally, the property benefits from a large enclosed rear garden, comprising an extended patio area, a predominantly lawned garden, and a variety of mature plants, flowers and borders, along with multiple sheds.
To the front, there is a large shingle driveway providing ample off-road parking for multiple vehicles, together with access to the garage via a electric roller door.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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About Crome Close, Colchester
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