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 work2-bedroom flat · CO2 9JX
Sold STCListed 246 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** GUIDE PRICE £200,000 - £210,000 ** Nestled within the desirable Raymouth House in Colchester, this exceptional two-double-bedroom penthouse apartment presents a superb opportunity for discerning buyers seeking modern living with convenience.
This property combines stylish interiors with practical features, making it an ideal home or investment.
Upon entering, residents are greeted by a well-maintained communal area with the added benefit of lift access, ensuring ease of movement to the top floor.
The apartment itself is thoughtfully designed, boasting a bright and inviting sitting/dining room.
This generous reception space is perfect for both relaxation and entertaining, enhanced by a charming Juliet balcony that allows natural light to flood the room, creating an airy and open atmosphere.
Adjacent to the living area is a contemporary fitted kitchen, meticulously designed with integrated appliances, offering both functionality and aesthetic appeal.
The property further benefits from two well-proportioned double bedrooms, each offering comfortable accommodation and ample space for wardrobes and furnishings.
The modern bathroom is elegantly appointed with high-quality fixtures and fittings, providing a serene space for personal care.
Beyond the interior, this penthouse apartment comes with an invaluable allocated parking space, a significant advantage in any urban setting.
Residents also have access to well-maintained communal grounds, offering a pleasant outdoor space to enjoy.
For cycling enthusiasts, secure bike storage is also available, adding to the property's practical amenities.
Raymouth House is ideally situated in Colchester, offering excellent access to local amenities, transport links, and the vibrant town centre.
This well-presented penthouse apartment truly offers a blend of comfort, style, and convenience, making it an attractive proposition for first-time buyers, downsizers, or investors.
Early viewing is highly recommended to fully appreciate the quality and lifestyle on offer.
Entrance Hallway Entrance door, airing cupboard housing hot water cylinder and washing machine, radiator, doors leading off Kitchen 12'6" x 6'8" Double glazed window to rear, wall and base level units, sink and drainer with mixer tap over, oven and hob, extractor fan, worktops, plinth heater Sitting Room/Diner 9'2" x 15'10" Double glazed windows to rear and side, patio doors to balcony, radiator Master Bedroom 9'10" x 13' Double glazed window to side, radiator Bedroom Two 8'1" x 12'7" Double glazed window to side, radiator Bathroom 6'9" x 5'7" Low level WC, pedestal wash hand basin, bath with shower over and glass screen, towel radiator Outside of Property Allocated parking space, access to outside communal spaces, bike storage sheds Agents note: Anti-Money Laundering (AML) Compliance As part of our commitment to meeting UK Anti-Money Laundering (AML) regulations, Harris + Wood are required by law to confirm the identity of all purchasers before a sale can proceed.
To make this process as straightforward as possible, we work with an independent verification service, Clearcheck, who conduct these checks on our behalf.
A small verification fee applies for each purchaser. These checks must be fully completed and verified before we are able to progress with your purchase.
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 Raymouth House, Earlswood Way, Colchester, Essex, CO2
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