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 · CO7 7JX
Sold STCListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in a private Mews position is this wonderful New Build bungalow with plenty of space on offer form the 1250sqft of accommodation and sitting in a generous plot backing on to farmland.
Sat within the village of Great Bromley and within easy reach of the A120/A120 and train stations at Great Bentley, Manningtree, Alresford and Wivenhoe with speedy links To London Liverpool Street.
Highlights include three bedrooms, open plan lounge/kitchen/diner which could be separated if preferred, family bathroom, en-suite, underfloor heating, fibre to the property, 8 pv solar panels, EV charging point, Air source heat pump, block paved driveway, garden and all with a high quality finish throughout.
Hall Loft access, storage/airing cupboard, cloaks cupboard, laminate flooring, twin doors to living area and doors to bedrooms.
Lounge Area 19' 10" x 16' 5" (6.05m x 5.00m) Bi-Fold door to rear garden laminate flooring, TV points.
Kitchen Area 15' 5" x 13' 2" (4.70m x 4.01m) Laminate flooring throughout, window to rear, a contemporary range of fitted units and drawers with worktops over, inset sink and drainer, neff appliances, inset hob with extractor over, matching eye level units, fitted oven, integrated appliances, breakfast bar area.
Bedroom 1 15' 5" x 15' 3" (4.70m x 4.65m) Windows to front and side, door to en-suite.
En-Suite Obscure window to side, Shower cubicle, wall hung wash hand basin, WC, tiled splashbacks, heated towel rail. Bedroom 2 15' 5" x 10' 1" (4.70m x 3.07m) Window to front.
Bedroom 3 15' 5" x 8' 11" (4.70m x 2.72m) Window to side. Bathroom Obscure window to side, panel bath, enclosed cistern WC, wall hung wash hand basin, tiled floor, tiled splashbacks.
Rear Garden Enclosed by panel fencing and mainly laid to lawn, patio area, gated side access. Parking Block paved driveway to side providing off road parking with further visitor parking adjacent.
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 8, Field Mews, Colchester
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