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 work2-bedroom property · CO5 8DA
Listing removedListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two double bedroom lodge 40` x 20`, 2010 model with decking to front, side and rear aspects located on West Mersea holiday park, private gated location close to the beach, block paved driveway, off road parking, all fixtures and fittings included, 85 year lease, site fees approx £6795 inclusive of VAT, gas central heating, 11 month site.
Property additional info Entrance Hall: 8' 10" x 8' 6" (2.69m x 2.59m) L shaped`, radiator, oak floor, cloaks cupboard.
Lounge/Kitchen/diner: 20' 10" x 19' 2" (6.35m x 5.84m) Open plan, two double opening casements doors to decking, new kitchen with integral fridge and two freezers, dishwasher, fitted oven, gas hob, extractor over, window to front aspect, under unit lights, Velux window, display cabinet, dining and lounge areas Bedroom 1: 12' 5" x 9' 8" (3.78m x 2.95m) Lots of hand made fitted storage including wardrobes, window to side aspect, radiator, door to en-suite.
En-Suite: 7' 1" x 5' 8" (2.16m x 1.73m) White suite comprising shower, close coupled w.c, under floor heating, wash basin on vanity unit, wall mounted heated towel rail, obscure window to side aspect, tiled floor.
Bedroom 2: 11' 2" x 9' 3" (3.40m x 2.82m) Double fitted wardrobe, window to side aspect, radiator.
Family Bathroom: 7' 4" x 6' 2" (2.24m x 1.88m) White suite comprising panel bath, shower over with shower screen, close coupled w.c, under floor heating, wash basin on vanity unit, wall mounted heated towel rail, obscure window to side aspect, tiled floor Outside Decking: Decking to three sides with various seating areas, private area to the rear.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 3 Woodlands, West Mersea Holiday Park, Seaview Avenue, West Mersea
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