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 bungalow · CO5 8PU
For saleListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within a quiet and desirable cul-de-sac in the popular coastal town of West Mersea, this immaculately presented three-bedroom detached bungalow offers beautifully maintained and deceptively spacious accommodation throughout, perfectly suited to a variety of buyers seeking comfortable single-storey living close to the seafront and local amenities.
The property welcomes you via an entrance hallway leading into a bright and spacious open plan lounge and dining area, creating a superb central living space ideal for both everyday family life and entertaining guests.
Large windows allow an abundance of natural light to flow through the room, while the tasteful décor and well-balanced layout provide a warm and inviting atmosphere throughout.
The modern fitted kitchen has been thoughtfully designed, offering both practicality and style for modern living.
Positioned conveniently adjacent to the dining area, the kitchen complements the sociable layout of the home perfectly.
The bungalow benefits from two generously sized double bedrooms, both beautifully presented and offering comfortable accommodation, alongside a versatile third bedroom currently utilised as a home office, ideal for remote working, hobbies, or occasional guest accommodation.
The accommodation is further enhanced by a stylish modern bathroom fitted with contemporary sanitary ware and finished to an excellent standard.
Externally, the property continues to impress with attractive south-facing rear gardens, providing a private and sunny outdoor retreat ideal for relaxing, entertaining, or gardening enthusiasts.
The garden has been well maintained and enjoys a good degree of seclusion.
To the front of the property, a substantial driveway provides off-road parking for up to three vehicles, adding further convenience to this superb home.
Situated within easy reach of local shops, waterfront walks, sailing clubs, and the many amenities available within West Mersea, while also offering convenient access to Colchester and surrounding transport links, this exceptional bungalow combines coastal charm with modern comfort.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
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FAQ
About 3, Spruce Close, Colchester
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