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 bungalow · CO3 0HU
Listing removedListed 280 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a tucked away position on a private road this well-proportioned bungalow has the added benefit of a conservatory, lean-to utility room, detached garage, off-road parking and a low maintenance rear garden.
The entrance door leads into an entrance hall with a radiator, cupboard housing the boiler, storage cupboard and doors leading off to the three bedrooms, shower room, cloakroom, kitchen and the lounge.
The lounge has a feature fireplace, radiator, patio doors leading to the conservatory and access to the dining room which is dual aspect and has a radiator.
The conservatory has a radiator and French doors leading out to the rear garden.
The kitchen has a range of work surfaces with cupboard and drawers under, matching eye level units, single sink with drainer and mixer taps, space for undercounter fridge and cooker (appliances not included), part tiled walls, extractor fan and door to the lean-to utility room which has a tiled floor, door to the front, work surfaces with dishwasher and washing machine under.
Bedroom one has a radiator, fitted wardrobe and window to the front and bedroom two has a radiator, dual aspect windows to the front and side and a built-in cupboard.
Bedroom three has a built-in cupboard, radiator and window to the side.
The shower room has a tiled shower cubicle, low level WC, wash hand basin, part tiled walls, tiled floor, heated towel rail and extractor fan.
The cloakroom comprises a low level WC, wash hand basin, tiled floor and window to the side.
Outside To the front of the property there is a block paved driveway with a shingled area beyond along with shrub borders.
The driveway leads to the single garage which has an up and over door to the front and a personnel door.
There is access on both sides of the bungalow to the rear garden which is low maintenance with a patio area, a mature holly tree and shrubs. The garden is enclosed by wooden panel fencing.
Location The property is situated in a tucked away position on a private road close to bus stops with frequent services leading to Colchester city centre and Tollgate Retail Park.
Tollgate Retail Park and Stane Park shopping districts offer a range of shopping facilities via an array of national outlet stores.
The A12 can be accessed London bound for the M25, A120 for Stansted Airport and the nearby station at Marks Tey offers services to London Liverpool Street.
Directions Please use postcode CO3 0HU for SatNav.
Important Information Council Tax Band – D EPC Rating - TBC Services - We understand that mains water, gas, drainage and electricity are connected to the property.
Tenure - Freehold Our ref - COL250814 Agent's note The property is situated on a private road which is owned by a neighbouring property with no service charge payable.
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 New Road, Stanway, Colchester, Essex, CO3
Explore nearby