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 terraced house · CO7 9PW
Listing removedListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £325,000 TO £340,000.
A beautifully modernised Victorian bay-fronted end-of-terrace home, ideally positioned within easy walking distance of Wivenhoe train station, offering services to London Liverpool Street in approximately 75 minutes, as well as the village's shops, amenities and waterfront.
The property combines period character with contemporary finishes and offers versatile accommodation including two reception rooms and two double bedrooms.
Further benefits include gas central heating (not tested by Elms Price and Co), double glazing and an enclosed rear garden.
The University of Essex is also close by, with Colchester city centre within easy driving distance.
The accommodation with approximate room sizes comprises:- Entrance door to: ENTRANCE AREA Glazed window either side, composite door leading to: SITTING ROOM 13' 8" into recess x 11' 0" plus bay (4.17m x 3.35m) Double glazed bay window to front, open fireplace, radiator.
INNER HALL Stairs to first floor. DINING ROOM 12' 5" plus recess x 11' 0" (3.78m x 3.35m) Double glazed French doors to rear garden, built-in understairs storage cupboard.
KITCHEN 12' 1" x 7' 5" (3.68m x 2.26m) Double glazed window to side, modern fitted kitchen comprising base and eye level units, ceramic sink set into work surfacing, ceramic hob with splashback, built-in oven, space for domestic appliances, tiled floor.
GROUND FLOOR WC Low level WC incorporating wash basin, window. SNUG Tiled floor, door to rear garden, radiator. FIRST FLOOR LANDING Loft hatch, doors to bedrooms.
BEDROOM ONE 13' 8" x 11' 0" (4.17m x 3.35m) Double glazed window to front, built-in wardrobe, cast iron Victorian fireplace, radiator.
BEDROOM TWO 13' 8" into recess x 11' 0" (4.17m x 3.35m) Double glazed window to rear, fitted wardrobes, cast iron Victorian fireplace, door to bathroom.
BATHROOM 12' 3" x 7' 5" (3.73m x 2.26m) WC, wash basin, bath and walk-in shower, double glazed obscure window to rear, heated towel rail, feature fireplace.
OUTSIDE Small front garden area, side gate to rear garden. The rear garden is mainly laid to lawn with patio and storage shed. ADDITIONAL INFORMATION Council tax band : B.
Local authority : Colchester City Council. Energy rating : To be confirmed.
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.
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About The Avenue, Wivenhoe
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