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 · CO5 8AR
For saleReduced £60k (−13.3%) on 26 OctListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***CHAIN FREE*** Located under 200 steps away from the scenic Mersea beach front, this property offers comfort and contemporary living.
The open plan living spaces combines the style with the properties characteristic features.
Not only is the property flooded with natural light from multiple large skylights, the exposed brick feature wall adds that extra touch of warmth and comfort which helps compliment the glossed cabinets.
The living room is definitely the heart of the home. The large open fireplace would be perfect for family winter evenings. There are spacious rooms offering versatile accommodation.
The wrap around multifunctional garden comes with a summer house which would be a perfect area for the kids in the summer whilst the parents relax around the outside barbeque.
Call in today to arrange a viewing on Kitchen Dining Room 10.6m x 4.17m Lounge 7.04m x 3.66m Ground floor shower room 2.26m x 1.7m Bedroom 1 3.94m x 2.97m Study / Bedroom 4 3.8m x 3.07m Utility Room 2.26m x 1.7m En-Suite 3m x 1.85m Bedroom 2 3.66m x 3.02m Bedroom 3 3.63m x 2.6m Garden
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
FAQ
About Shears Crescent, West Mersea, Colchester
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