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 · CO7 0PL
For saleListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroom semi-detached house with parking - Centrally located and just a short stroll to the shops, Waterfront, bus routes and Primary/Secondary schools, this home ticks all the boxes.
Good sized ground floor accommodation includes lounge with log burner and bay fronted window which floods the room with natural light, kitchen/diner plus a conservatory.
The private south westerly facing garden will enjoy the afternoon sun and off road parking is a huge bonus!
This house has heaps of potential - call to view on Hallway Laminate flooring, centre light, radiator, doors to: Lounge (12' 1'' x 10' 9'' (3.68m x 3.27m)) Bay window to front aspect, laminate flooring, centre light, radiator, log burner with surround.
Kitchen/Diner (15' 0'' x 12' 7'' (4.57m x 3.83m)) Windows to rear and side aspects, patio doors leading to conservatory, laminate flooring.
Range of white gloss wall and base units with work tops over, space for washing machine and cooker. Single stainless steel sink with drainer, tiled splash backs, radiator.
Under stairs storage cupboard. Conservatory (14' 1'' x 7' 4'' (4.29m x 2.23m)) Patio doors to rear garden, laminate flooring, wall mounted lights.
First Floor Landing Doors to: Bedroom One (12' 7'' x 9' 1'' (3.83m x 2.77m)) Window to front aspect, radiator, fitted wardrobe. Bedroom Two (10' 2'' x 8' 3'' (3.10m x 2.51m)) Window to rear aspect.
Bedroom Three (10' 0'' x 6' 0'' (3.05m x 1.83m)) Window to rear aspect. Bathroom Recently fitted suite including panelled bath with shower attachment, low level WC and wash hand basin.
Window to side aspect. Exterior Front Mature privacy hedging, driveway providing off-road parking and pathway to front door, side gate to rear.
Rear South westerly facing garden, mainly laid to lawn with boundary fencing, shrub borders, shed, side access, slated patio area to front of rear 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
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FAQ
About 31, North Road, Colchester
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