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 house · CO6 3BJ
Listing removedListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Viewing is recommended on this four bedroom home in cul de sac position in sought after location.
The property benefits from having generous sized rooms consisting of lounge, kitchen/diner and cloakroom to the ground floor and to the first floor four bedrooms and family bathroom.
Enclosed rear garden, front garden, driveway and integral garage. The property does require some updating with the previous owners having owned the property since new.
Entrance Porch Composite front door leading to porch, double glazed window to side aspect, electric panel heater.
Door to :- Hallway Large hallway, radiator, stairs to first floor, doors to :- Kitchen/Diner (3.72 x 2.15 (12'2" x 7'0")) Double glazed window to front aspect, range of base and eye level units, plumbed for washing machine, space for cooker and for fridge/freezer, built in breakfast table, double glazed door to side.
Lounge (6.01 x 4.06 (19'8" x 13'3")) Double glazed window to rear aspect, radiator, double glazed patio doors leading to rear garden.
Downstairs Cloakroom Double glazed window to side aspect, low level WC, vanity wash hand basin, tiled floor.
Stairs And Landing Stairs to first floor, double glazed window to front aspect, loft hatch, doors to :- Bedroom One (3.46 x 3.35 (11'4" x 10'11")) Double glazed window to rear aspect, radiator.
Bedroom Two (3.67 x 2.59 (12'0" x 8'5")) Double glazed window to rear aspect, radiator.
Bedroom Three (2.98 x 2.97 (9'9" x 9'8")) Double glazed window to front aspect, radiator Bedroom Four (2.9 x 2.13 (9'6" x 6'11")) Double glazed window to front aspect, radiator Bathroom Double glazed window to side aspect, low level WC, wash hand basin, panel bath with shower over and shower screen.
Radiator, fully tiled walls and floor Rear Garden Commencing with patio area, laid to lawn with shrub divider leading to second part of garden which was a vegetable plot previously.
Garage/Driveway Independent block paved driveway leading to single integral garage with up and over door Front Garden Laid with artificial lawn with shrub borders
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
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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
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FAQ
About 4, Upton Close, Colchester
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