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 detached house · CO3 9DR
No longer listedReduced £25k (−5.3%) on 28 AugListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price: £475,000 - £500,000 viewing reference: MC1586 About The Home: A much-loved family home, coming to the market for the first time in more than 30 years.
Some houses are simply places to live. Others quietly become part of the family.
For more than three decades, 20 Jefferson Close has been just that: A home filled with happy mornings, family dinners, celebrations, changing seasons and countless everyday moments that, over time, become the memories that matter most.
Now, for the first time in over 30 years, the opportunity has arisen for a new owner to make it their own and begin the next chapter of its story.
Behind its welcoming exterior lies a wonderfully generous and versatile home, with spaces designed for both family life and entertaining.
At the heart of the property is a spacious lounge, offering an inviting setting in which to relax and unwind.
From here, the accommodation flows naturally into the conservatory, creating a wonderful sense of connection between the living space and the garden beyond.
With its tiled roof, the conservatory is a room to be enjoyed throughout the year, whether as a peaceful spot for a morning coffee, an afternoon with a book or an additional entertaining space when family and friends come together.
The kitchen diner provides plenty of room for informal meals and conversation, while a separate dining room lends itself beautifully to Sunday lunches, dinner parties and those occasions when everyone gathers around the table.
Upstairs, the accommodation continues to impress, with the principal bedroom benefiting from its own en-suite, creating a welcome sense of privacy and comfort.
Outside, the property is complemented by a generously sized rear garden, a space with enormous potential for entertaining, gardening, children's play or simply enjoying the warmer months in peaceful surroundings.
Practicality has also been thoughtfully catered for.
A private driveway provides off-road parking and leads to a particularly useful tandem garage with an electric roller door, offering excellent space for vehicles, storage, hobbies or a workshop.
Homes that have been cherished by the same family for more than 30 years do not come to market every day.
There is a reassuring sense of permanence here; a property that has already played host to one family's milestones and memories, yet still offers all the possibility of what comes next.
20 Jefferson Close is ready for its next family, its next Christmas morning and, most importantly, its next chapter.
Section 21 Notice – Estate Agents Act 1979 We disclose that the property is owned by a relative of a contractor with eXp. Agents Note: Some images have been enhanced using ai to remove chattels
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.
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FAQ
About 20, Jefferson Close, Colchester
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