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 work5-bedroom bungalow · CO6 1HZ
Listing removedListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Great Tey Road, Little Tey, Colchester Guide Price £850,000 Substantial Five Bedroom Detached Bungalow Occupying Approximately 0.6 Acres with Heated Swimming Pool Location Situated in the sought-after semi-rural village of Little Tey, this impressive home enjoys a peaceful countryside setting whilst remaining conveniently positioned for everyday amenities.
Marks Tey railway station is just a short drive away with direct services to London Liverpool Street, whilst the A12 and A120 are easily accessible for commuting.
Colchester City Centre, local shopping facilities, restaurants and the highly regarded Barn Brasserie are all within easy reach.
Property Occupying beautifully established wrap-around grounds approaching 0.6 acres, this spacious and versatile detached bungalow offers almost 2,500 sq. Ft.
Of well-planned accommodation and is offered with no onward chain.
The welcoming entrance hall leads through to a generous kitchen/dining room, fitted with quartz work surfaces, integrated appliances and French doors opening directly onto the rear garden, creating an excellent entertaining space.
A separate utility room provides additional storage and practicality, whilst the dual aspect lounge is flooded with natural light and also enjoys French doors leading outside.
The accommodation offers five bedrooms, with the flexibility for one to be utilised as a home office or study if required.
The principal bedroom benefits from a dressing room and a spacious four-piece en-suite, whilst the remaining bedrooms are served by a well-appointed family bathroom.
A separate cloakroom completes the internal accommodation.
Outside Accessed via electric gates, the property offers an extensive driveway providing ample off-road parking alongside a double garage with power, lighting and additional storage.
Adjoining the garage is a substantial multi-purpose room, currently arranged as a gym with a built-in sauna, offering excellent potential for a variety of uses.
The rear gardens are a real highlight, enjoying a heated swimming pool, generous patio entertaining areas, well-maintained lawns, mature trees and established planting, together with a pool house and storage shed, creating a superb private outdoor space.
Viewings Early viewing is highly recommended through Michaels Property Consultants. No onward chain.
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 Apex Lodge, Great Tey Road, Colchester
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