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 work3-bedroom detached house · CO3 0UT
For saleReduced £25k (−5.9%) on 16 OctListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price - £425,000 - £450,000 An extended three bedroom detached family home offered with no onward chain in a cul-de-sac position with large gardens, garage and parking, close to Stanway Secondary School and popular primary schooling.
A double glazed entrance door leads to an entrance lobby which gives access to a ground floor cloakroom comprising wash hand basin and WC.
A further door leads to the lounge with double glazed windows to the front and rear. An arch leads to the dining room with double glazed French doors and windows to the rear garden and patio terrace.
The kitchen has a range of fitted units and work surfaces, built-in four ring gas hob, double oven, wall mounted cabinets, sink with mixer taps and opens nicely to a breakfast area which has double glazed door and window leading to the rear garden and a further door leading to the front.
The first floor landing has access to a loft space and airing cupboard with double glazed window to the side. Bedroom one is located to the front and has a built-in double wardrobe.
Bedroom two is to the rear and has a built-in double wardrobe. Bedroom three is to the front and has a built-in over stairs cupboard.
The bathroom comprises a wash hand basin, WC, panel bath with mixer taps and shower attachment and a double glazed window to the rear.
Outside The property sits on a good size plot measuring 0.15 of an acre with a large wraparound lawn and patio area retained by a dwarf brick wall.
There is a further patio seating area with a timber shed and pedestrian gated access. The garden is mainly laid to lawn with apple trees.
To the front of the property is a shared driveway which leads to parking space and garage with up and over door.
Location The property is situated in a cul-de-sac position in the popular Stanway district of Colchester close to Stanway Secondary School and nearby primary schools.
There are shopping facilities nearby for day to day needs at Peartree Road, Tollgate Retail Park and Staine Park Shopping District. The A12 can be accessed London bound for the M25.
A120 for London Stansted Airport and stations of the city offer services for London's Liverpool Street.
Directions SatNav - postcode CO3 0UT Important Information Council Tax Band – D Services - We understand that mains water, gas, drainage and electricity are connected to the property.
Tenure - Freehold EPC rating – tbc Our ref - TOL260262
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 3, Grieves Court, Colchester
Explore nearby