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 flat · CO2 8YP
For saleReduced £20k (−12.1%) on 24 JulListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom apartment at Ship Wharf in Colchester is an affordable investment opportunity with a guide price between £165,000 and £170,000.
The property is currently tenanted, providing a healthy rental yield of 8.5%, making it particularly appealing for buy-to-let investors.
With an en-suite shower room and a separate bathroom, the apartment offers practical living arrangements.
Situated on the second floor, the apartment includes an allocated parking space for convenience. The kitchen comes equipped with fitted appliances, catering to modern living needs.
Its proximity to the university makes it an attractive option for students or academic professionals seeking nearby accommodation.
Colchester offers a blend of historic charm and modern amenities, providing a vibrant community setting.
With easy access to local transport and the wider Essex area, residents can enjoy both local attractions and convenient travel options.
This property represents a compelling choice for those seeking a cost-effective entry into the property market. Opportunities like this are rare in such a strategic location.
Contact us today to learn more about this affordable investment property
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
.png){kind=logo}
FAQ
About 18, Sail House, Colchester
Explore nearby
