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 work1-bedroom flat · CO4 0XB
For saleListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £90,000 – £100,000 No Onward Chain Located on the sought after north side of Colchester and within easy reach of the bustling city centre, this rarely available one bedroom over 55s retirement apartment offers a wonderful blend of privacy, comfort, and convenience.
Set quietly at the end of a peaceful cul de sac, the property benefits from its own private entrance, giving it the feel of an independent home while still providing the reassurance of on site management and a dedicated warden.
The apartment features a well proportioned double bedroom, a bright and spacious lounge/diner, a practical kitchen with ample storage, and a modern shower room.
Outside, residents can enjoy attractive communal garden areas and convenient communal parking.
Offering a low maintenance lifestyle in a friendly community setting, this charming home presents an excellent opportunity for those seeking secure, relaxed living with no onward chain.
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
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FAQ
About 23, Orchard Gardens, Colchester
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