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 house · CO5 8JE
Listing removedReduced £25k (−6.7%) on 20 JunListed 267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the heart of sought-after West Mersea, this beautifully presented three-bedroom semi-detached home offers a perfect blend of character and modern comfort - all within easy reach of local shops, cafes, and the coast.
Step through the front door into a welcoming dining room, complete with a charming feature fireplace - an ideal space for entertaining or family meals.
Flowing through to the living room, you’ll find a cosy log burner, perfect for those cooler evenings, along with plenty of space to relax and unwind, while the adjacent modern kitchen provides a functional and stylish space for cooking.
At the rear of the property is the family bathroom, and a hallway between the kitchen and bathroom provides access to the generously sized rear garden, which is a true highlight of the home.
Designed for both relaxation and entertaining, the garden boasts multiple seating areas, a patio, and stretches back to provide a sense of privacy and space, rarely found in such a central location.
Upstairs, the accommodation is both spacious and versatile. To the left at the top of the stairs is the principal bedroom, a spacious double positioned at the front of the house.
To the right is the second double bedroom, which in turn leads through to the third bedroom - another well-proportioned double.
This flexible arrangement offers potential for a guest room, home office, or dressing room, depending on your needs.
Externally, the property benefits from a driveway to the front, providing convenient off-road parking for multiple cars.
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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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.
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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 57, High Street, Colchester
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