We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom flat · CO3 3HY
Sold STCListed 297 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**GUIDE PRICE £350,000 – £375,000** A beautifully presented four-bedroom Victorian duplex apartment, positioned in the highly sought-after residential area of Lexden and offering easy access to Colchester city centre with its excellent range of shopping, dining and leisure facilities.
The property retains an abundance of fine original features and has been thoroughly and sympathetically refurbished over the past two years, blending period character with high-quality contemporary finishes.
Benefits include two bathrooms, a south-facing courtyard garden and on-street permit parking.
Accommodation is arranged over two levels and comprises a welcoming long hallway, an elegant lounge and dining room showcasing classic Victorian high ceilings, a recently installed high-specification kitchen/breakfast room with marble work surfaces and a Fisher & Paykel range cooker, together with a ground-floor walk-in shower room.
The lower ground floor offers three generous double bedrooms, including one with an en-suite, and a further single bedroom currently utilised as a study.
The apartment has undergone extensive improvements while carefully preserving its original charm.
Works include a new heating system, new flooring throughout, upgraded bathrooms, a premium kitchen installation, new external doors to the lounge and bespoke Italian internal doors.
The building dates back to 1886 and was designed and built by stonemason and architect L J Watts, using reclaimed materials from the demolition of St Runwald’s Church.
It forms part of a striking and prominent corner building on Creffield Road and Oxford Road, instantly recognisable by its distinctive turret.
Originally constructed as a terrace of four houses, it later served in part as a primary school during the 1950s and 1960s, before being converted into the stylish apartments seen today.
Rich in history and architectural interest, this is a rare opportunity to acquire a characterful home within one of Lexden’s most notable and historic buildings.
This property is leasehold with no service charge or ground rent. There is a monthly maintenance and insurance cost. Each owner has a 1/3 of the freehold.
What's Nearby Trains from Colchester take approximately 50 minutes to London Liverpool Street Station.
The City also boasts two nationally acclaimed Grammar schools - Colchester Royal Grammar School and Colchester Girls High.
There are a range of independent schools including St Mary’s for Girls, Colchester High School, Oxford House, and Holmwood House and highly regarded state schools such as Philip Morant, St Benedicts, Hamilton Road Primary and Home Farm Primary Schools, all within walking distance.
For leisure and fitness you're a short distance to David Lloyd Centre and Bannatyne Health Club & Spa Kingsford Park both offering superb swimming pools and a variety of fitness activities and facilities INFORMATION Tenure - Leasehold and 1/3 ownership of freehold Lease term - 167 years No service charge or ground rent Maintenance and insurance - £75 per month.
Local Authority - Colchester Services - Main gas, electric, water and drainage Disclaimer Chewton Rose Estate Agents is the seller's agent for this property.
Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Creffield Road, Colchester
Explore nearby