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 house · CO6 1QN
Sold STCListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Viewing is recommended to appreciate the property which benefits from having three reception rooms, fitted kitchen and downstairs shower room.
To the first floor there are three bedrooms, mostly all double glazed, gas central heating, Off road parking for two/three cars, garage and workshop.
Please call to arrange an early appointment Entrance Entrance via front wood entrance door to :- Kitchen (3.07 x 2.58 (10'0" x 8'5")) Double glazed window to side aspect, range of base and eye level units, one bowl sink unit with mixer tap set, plumbed for dishwasher, space for gas cooker, wood effect ceramic tiling, storage cupboard which has plumbed for washing machine, doors to :- Bathroom Double glazed window to side aspect, low level WC, wash hand basin inset to vanity unit, enclosed double shower cubicle, heated towel rail, underfloor heating, fully tiled walls and floor to compliment.
Dining Room (2.75 x 2.38 (9'0" x 7'9")) Double glazed window to front aspect, radiator, wood effect flooring, understairs cupboard, stairs to first floor, door to :- Lounge (3.59 x 3.45 (11'9" x 11'3")) Glazed window to conservatory, wood burner with feature surround, radiator, door to :- Conservatory (3.62 x 2.59 (11'10" x 8'5")) Upvc construction with opening fan light windows and French doors leading to rear garden.
Stars And Landing Stairs to first floor, doors to :- Bedroom One (3.58 x 3.44 (11'8" x 11'3")) Sash glazed window to rear aspect, feature fireplace, radiator, storage cupboard.
Bedroom Two (4.25 x 2.53 (13'11" x 8'3")) Double glazed window to rear and side aspect, exposed floorboards, radiator, two storage cupboards.
Bedroom Three (2.70 x 2.37 (8'10" x 7'9")) Double glazed window to front aspect, exposed floorboards, over stairs cupboard, radiator.
Rear Garden Enclosed rear garden laid to lawn and mature shrub borders., oak beamed shed with covered BBQ/sitting area with period pan tiled pitched roof.
Garage (5.15 x 2.73 (16'10" x 8'11")) Oversized garage with up and over door, power and light connected.
Workshop (5.15 x 1.94 (16'10" x 6'4")) Connected to the garage this workshop has power and light connected.
Green house attached to the rear of the structure Driveway Independent driveway for two /three cars leading down to the garage.
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 115, Tilkey Road, Colchester
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