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 house · CO2 9RT
Listing removedReduced £20k (−6.9%) on 12 SepListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
James Ward Road, Colchester, CO2 – South Colchester Location Guide Price: £290,000 - £300,000 Location: Situated in a popular South Colchester location, this property is positioned within a sought-after development built by a national housebuilder.
The area benefits from close proximity to a range of well-regarded primary and secondary schools, along with convenient access to the city centre via a regular bus network.
The neighbouring village of Layer-de-la-Haye and the coastal town of West Mersea are both just a short drive away, offering further leisure and lifestyle opportunities.
Residents also enjoy easy access to the nearby Stanway Tollgate, which provides an extensive selection of amenities, shops, and retail outlets.
Property: An excellent and very well-presented two-bedroom semi-detached home, ideal for first-time buyers and offered to the market in turnkey condition.
The property welcomes you via an entrance hall, featuring a downstairs.
The focal point of the home is the impressive open-plan kitchen/dining/living space, complete with herringbone flooring and stylish shaker-style units.
The kitchen benefits from integrated appliances and a breakfast bar, while dual aspect windows and patio doors to the rear garden flood the space with natural light, creating an ideal setting for entertaining and hosting.
To the first floor, there are two generously sized double bedrooms, with the principal bedroom benefitting from built-in storage. A modern tiled family bathroom completes the accommodation.
Externally, the landscaped rear garden has been thoughtfully designed for low maintenance, featuring a porcelain patio, artificial lawn, and panel fencing.
There is also secure access to the rear, leading to an allocated off-road parking area.# Viewings: Highly recommended and can be arranged without delay via one of our consultants.
Kitchen 11' 4" x 9' 5" (3.45m x 2.87m) Living/Dining Area 14' 3" x 12' 10" (4.34m x 3.91m) Bedroom One 12' 10" x 7' 7" (3.91m x 2.31m) Bedroom Two 12' 5" x 9' 5" (3.78m x 2.87m) Bathroom 7' 0" x 6' 1" (2.13m x 1.85m) Additional Information Please note an annual estate charge is applicable to this property.
We ask all interested parties to confirm the amount payable with their appointed conveyancer at an early stage of their conveyance and it's associated legal set up, to prevent any discrepancy.
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.
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FAQ
About 8, James Ward Road, Colchester
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