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 work4-bedroom house · CO3 4HW
Sold STCListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Thompson Avenue within the highly desirable Poets Corner area of Colchester, this spacious and extended four bedroom detached family home offers generous living accommodation, a good sized rear garden, garage and ample off road parking.
The property is ideally positioned for families, with convenient access to a selection of well regarded primary and secondary schools, Colchester City Centre and Colchester North Station, providing direct rail services into London Liverpool Street.
The ground floor begins with an extended entrance hall and porch, with access to a downstairs WC.
The spacious living room provides an excellent main reception space and continues through to an extended dining room at the rear, creating a generous area for both everyday family life and entertaining.
To the side is a well equipped galley style kitchen offering plenty of worktop and cupboard space, with a patio door opening directly onto the rear garden.
An additional hallway sits off the kitchen and houses the staircase leading to the first floor.
Upstairs, the landing provides access to three well proportioned double bedrooms and a further single bedroom, making the home ideal for a growing family or those requiring additional office space.
The family bathroom comprises a bath, separate shower cubicle, WC and wash basin.
Outside, the property benefits from a good sized enclosed rear garden, beginning with a patio area before opening onto a generous lawn, with a further raised patio positioned towards the rear of the garden.
To the side of the house is a useful outside storage area, while a separate door from the garden provides access into the garage, which benefits from power.
To the front, a generous driveway provides ample off road parking for multiple vehicles, alongside access to the garage via an up and over door.
EPC Rating: E Disclaimer These particulars are for guidance only and do not form part of any offer or contract.
All measurements, images and floor plans are approximate and for illustrative purposes only. Services, appliances and systems have not been tested and no warranty is given as to their condition.
Buyers and tenants must rely on their own inspections, surveys and legal enquiries to verify all material information that is important to them.
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These checks apply to all sellers, purchasers and landlords as part of our sales and lettings procedures.
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All relevant checks must be completed and verification confirmed before we can progress with the...
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.
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
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FAQ
About Thompson Avenue, Colchester, CO3
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