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 work4-bedroom detached house · CO3 3JQ
Sold STCListed 499 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £450,000 to £475,000...Saxons Estate Agents are proud to present this unique three bedroom detached house with one bedroom annex in the desirable Lexden area of Colchester.
Internally the property benefits from Spacious front facing living room, front facing dining room with access to modern kitchen with views over the garden and a lean to rear with access to garden.
The first floor benefits from front facing double bedroom, rear facing double bedroom with access to built in storage, front facing double bedroom with built in storage and rear facing bathroom.
The two story annex can be accessed via the house internally or from its own door to the side aspect and comprises of a living room/ kitchen with bi-fold doors leading to garden, separate staircase leading to rear facing double bedroom and en-suite shower room.
Externally the property benefits from side access down both sides, a spacious rear garden with gate giving access to the garage and off street parking.
Living Room 3.6m x 4m - Double glazed window to front, radiator. Dining Room 3m x 3m - Double glazed window to front, arch access to kitchen, radiator.
Kitchen 3m x 4m - Double glazed window to rear, laminate flooring, wood effect worktops with cupboards under, wash basin, gas hob with extractor over, built in double oven and access to lean to via door.
Lean To Double glazed windows to side, door to rear garden, built in storage. Bedroom One 4m x 3.6m - Double glazed window to front, radiator.
Bedroom Two 3m x 3.9m - Double glazed window to rear, built in storage, radiator. Bedroom Three 2.8m x 2.5m Double glazed window to front, built in storage radiator.
Bathroom 1.9m x 1.8m - Frosted double glazed window to rear, tiled walls, low level WC, ceramic sink and bath.
Annex : Kitchen/Living Room 3.1m x 5.8m - Lino flooring, wooden worktops with inset ceramic sink, bi-fold double doors to rear, radiator. Hallway External door to side aspect.
First Floor Bedroom 3.1m x 3.7m - Triple aspect double glazed windows to rear and sides, access to shower room, radiator.
Shower Room 3.m x 1.8m - Frosted double glazed window to side, tiled flooring, part tiled walls, low level WC, ceramic sink, walk in shower with rainhead attachment.
Rear Garden Laid to lawn, pond, access to rear via gate
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 St. Albans Road, Colchester, Essex, CO3
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