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 terraced house · CO2 9QD
Under offerReduced £10k (−3.6%) on 26 OctListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Saxons are delighted to offer for sale this spacious four bedroom property located in South Colchester.
The property benefit's from a large rear and side garden offering ample opportunity to extend (stp).
Internally there are is a large kitchen/diner and spacious lounge, ground floor WC with four good size bedrooms and a bathroom on the first floor.
On offer with no onward chain, viewing is highly recommended.
Entrance Hall Built in storage cupboard, doors to: Lounge 17'5 x 15' Radiator, double glazed window to front aspect, stairs to first floor accommodation.
Kitchen/Diner 17'4 x 9'5 Range of eye level units with matching cupboards and drawers below, fitted work surfaces, sink with drainer, space and plumbing for appliances, window to rear aspect.
Cloakroom WC FIRST FLOOR ACCOMMODATION Landing Loft access via hatch, doors to: Bedroom One 14'1 x 9'11 Built in storage cupboard, radiator, double glazed window to front and rear aspect.
Bedroom Two 11'11 x 10'2 Built in storage and airing cupboard, radiator, double glazed window to rear aspect.
Bedroom Three 10'6 x 9'5 Built in storage cupboard, radiator, double glazed window to front aspect. Bedroom Four 8'1 x 7'7 Radiator, double glazed window to front aspect.
Bathroom White suite comprises panel bath, wash hand basin, low level WC, radiator, double glazed window to rear aspect.
Outside & Gardens The rear garden of the property is a great size and extends to the side offering excellent potential to extend the property (stp) whilst still retaining a good size garden.
Currently laid to lawn with the benefit of a brick built storage area. To the front there is private lawn garden.
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 Ilex Close, Colchester, Essex, CO2
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