2-bedroom house · CO6 1TB
Listing removedReduced £20k (−5.9%) on 20 JunListed 202 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Viewing is highly recommended on this two bedroom cottage with ample parking for several cars. The property consists of lounge, dining room and kitchen to the ground floor.
To the first floor there are two double bedrooms with the master having a walk in wardrobe, shower room. Enclosed rear garden and parking.
The property has been renovated by the current vendor to a very high standard and this property is offered with no onward chain.
Entrance Entrance door to :- Lounge (3.54 x 3.47 (11'7" x 11'4")) Double glazed window to front aspect, wood effect flooring, wood burner, slate hearth.
Electric panel wall heater, doorway to :- Dining Room (3.54 x 2.57 (11'7" x 8'5")) Double glazed window to rear aspect, wood effect flooring, feature brick fireplace, understairs storage, stairs leading to first floor.
Doorway to :- Fitted Kitchen (5.88 x 2.52 (19'3" x 8'3")) Double glazed window to rear aspect, range of base and eye level units, plumbed for washing machine, single single with mixer tap set.
Built in electric oven and hob, wood effect worksurfaces. Wood effect flooring, inset spot lights to compliment. Double glazed back door leading to rear garden.
Stairs And Landing Stairs to first floor, doors to :- Bedroom One (3.55 x 3.47 (11'7" x 11'4")) Double glazed window to front aspect, electric wall heater, door to :- Walk In Wardrobe (2.52 x 1.28 (8'3" x 4'2")) Fitted with hanging space and drawers for storage.
Bedroom Two (2.63 x 2.61 (8'7" x 8'6")) Double glazed window to rear aspect, over stairs cupboard. Shower Room Double glazed window to rear aspect, low level WC, wash hand basin inset to storage unit.
Fully tiled double walk in shower, heated towel raid, tiled floor to compliment Rear Garden Commencing with a patio area, the remaining garden is spilt in to two zones with the first been lawned with shrub borders.
The second apart has been shingled to allow for parking for several cars, with the remaining being laid to bark with storage for bins and wood.
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 6, Beards Terrace, Colchester
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