76 Victor Road, Colchester, Essex

Description

Vacant freehold mid terrace house by order of a housing association. Ground floor accommodation comprises lounge, dining room and kitchen; first floor comprises two bedrooms and bathroom. The property has a rear garden and GIA approximately 58.81 sq m (633 sq ft).

Accommodation

Ground Floor: Lounge, Dining Room, Kitchen. First Floor: Two Bedrooms, Bathroom. Rear Garden. GIA approximately 58.81 sq m (633 sq ft).

Location

The property is situated on the east side of Victor Road. An array of shops and amenities are available within Colchester town centre. Colchester Town station is approximately 0.6 miles away, providing access to London Liverpool Street via Colchester station. The A12 is easily accessible, providing a connection to the M11 and M25 motorways. High Woods Country Park is to the north.

Tenure / Property Information

Investment Analysis

The supplied completed sales on Victor Road range from £149,000 to £250,000, with two February 2026 sales at £215,000 and £216,000. However, the evidence does not state the comparables’ bedroom counts, floor areas, condition or alterations, so it cannot support a reliable subject-specific GDV. The £110,000+ guide appears materially below the recorded sales range, but the reason for that difference is unknown. No formal valuation should be assumed.

Investment Snapshot

Strategy Recommendation

Do not commit above the guide on the current evidence. Proceed only after confirming condition, comparable specification, achievable rent and all auction or seller charges; otherwise pass.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain a full viewing, survey and inspection of services before budgeting for works; no works allowance is included in this analysis.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed without a supported GDV, refurbishment budget, rent and known acquisition costs. The guide-to-comparable-sales relationship is potentially interesting, but the evidence does not explain the apparent discount or confirm post-refurbishment value.

Buy-to-Let Analysis

BTL appraisal cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Operating costs, finance costs and any buyer or administration charges are also unavailable.

Flip Analysis

A flip surplus cannot be calculated because the comparables are not sufficiently detailed to establish GDV, no refurbishment budget is supplied, and no supported selling allowance is provided. Any apparent margin against the guide remains unverified.

Investor Risks & Due Diligence

• Subject condition and required works are not disclosed.

• No sufficiently specific rental evidence is available, so rental income and yield cannot be established.

• Comparable sales vary widely from £149,000 to £250,000 and lack bedroom, size and condition details.

• Buyer premium, administration charge and other possible seller or third-party fees are not supplied.

• The auction guide is not a valuation and the final purchase price may exceed it.

Recommendation

Do not commit above the guide on the current evidence. Proceed only after confirming condition, comparable specification, achievable rent and all auction or seller charges; otherwise pass.

Strategy Rating

Analysis Confidence

There are five relevant completed sales and clear tenure, size and vacant-possession information, but there is no subject condition detail, rental evidence, EPC, costs, or sufficient specification for the comparables.