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 work2-bedroom flat · CO6 3TJ
Listing removedListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Guide Price £180,000 - £200,000 ** A superbly presented first floor apartment with two double bedrooms, open plan living and offered to a very high standard, with quality finishes, in a popular village location, close to amenities (including gp surgery and pharmacy) and with good access to the A12 and railway station.
The property is approached through an attractive courtyard with a lift or stairs leading to the first floor.
An entrance door leads into the apartment’s hallway which has storage cupboards and doors leading to all principal rooms.
The well-presented living/dining area leads to the open plan kitchen, which offers a range of modern base and wall units, a one and a half bowl sink with mixer taps, plumbing for a washing machine, built-in four ring ceramic hob with electric oven, extractor fan and dishwasher.
Bedroom one has an en-suite shower room comprising vanity unit with ample storage, shower cubicle, WC and heated towel rail.
Bedroom two is a good size double; and the bathroom comprises a corner bath with mixer taps, shower attachment, WC, large vanity unit and heated towel rail.
Outside We are advised that the property has one allocated parking space, visitors parking saces and a communal bin store.
Location The property is situated in this popular village location to the north of Colchester city.
Within the village is a popular primary school, two convenience stores, takeaway, doctors surgery, pharmacy and two public houses.
The A12 can be accessed London bound for the M25, A120 for Stansted Airport and the nearby Colchester North Station offers services to London's Liverpool Street.
Directions Please use postcode CO6 3TJ for SatNav.
Important Information Council Tax Band – C EPC Rating - C Services - We understand that mains water, drainage and electricity are connected to the property.
Tenure - We are advised that the sellers own part of the freehold. Our ref - TOL260119 Lease details - The property is held on a 999 year lease which commenced on the 1st September 1991.
The service charge is £4106 per annum and there is no ground rent payable. These charges are for the current year and maybe subject to change, all information should be checked by your solicitor.
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
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FAQ
About Flat 7, The Truman,, Maltings Park, West Bergholt
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