2 bed flat for sale in CO1 – £160,000

About

The property

OVERVIEW ***GUIDE PRICE of £160,000 - £180,000*** John Alexander are delighted to offer this two bedroom ground floor apartment built in 2016 just off Priory Street in Colchester's City Centre, perfectly located for the commuter having Colchester Town Railway Station within walking distance.

Property benefits include open planning living, family bathroom, en-suite to master bedroom, off road allocated parking and communal gardens.

OPEN PLAN LIVING/KITCHEN ROOM 13' 11" x 10' 11" (4.24m x 3.33m) BEDROOM ONE 13' 7" x 11' 2" (4.14m x 3.4m) ENSUITE 11' 3" x 9' 7" (3.43m x 2.92m) FAMILY SHOWER ROOM

Key information

Tenure

Leasehold

Local Authority

Colchester District (B)

District

County

Essex County

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Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

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Returns

What does it return?

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Rent evidence

Rental benchmark

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Local SA Market

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Archie refurb estimate: a Pro feature

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0.0% below asking

Model

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BTL · HMO · BRRR · SA · Flip — editable, saved scenarios

Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios

Investment Disclaimer

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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 advisors before making any investment decisions.

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Deal

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Archie’s verdict

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Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market174 days · price-fatigue

17/25

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Seller motivation

Not scored yet

Days on market174

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

Still activeDay 174 on marketToday

Strategy fit

No strategy scores available yet.

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.