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 · CO2 7BS
For saleListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cedars Road, Colchester, CO2 A Very Well-Maintained & Improved Two Bedroom Victorian End Of Terrace Home £250,000 Positioned just a stone’s throw from Colchester’s vibrant city centre, Cedars Road offers excellent access to an extensive range of shops, bars, restaurants and everyday amenities.
Colchester Town railway station is within easy reach and provides connections towards London Liverpool Street, while a comprehensive bus network serves neighbouring towns and villages.
For those travelling further afield, the A12 corridor can be reached within a short drive, providing convenient access towards Chelmsford and London.
Property This very well-maintained and improved Victorian end-of-terrace home offers a characterful yet practical arrangement of accommodation across two floors.
The property is entered directly into a welcoming dining room, featuring exposed timber flooring and a traditional fireplace, before continuing through to a comfortable living room.
The living space benefits from a decorative fireplace, built-in understairs storage and a useful recessed home-working area.
The first floor is home to two well-proportioned bedrooms positioned on either side of the central landing.
Both rooms are attractively presented, with the principal bedroom providing ample space for a double bed and additional bedroom furniture.
Outside, the property benefits from an enclosed, low-maintenance rear garden predominantly laid to patio, complemented by established planting, raised beds and space for outdoor seating and entertaining.
On street parking is available for residents and visitors alike, via a residents permit scheme. Viewings are available now and can be arranged via Michaels Property Consultants, Colchester.
Reception Room/Dining Room 10' 1" x 9' 4" (3.07m x 2.84m) Living Room 13' 6" x 10' 8" (4.11m x 3.25m) Kitchen 8' 4" x 6' 2" (2.54m x 1.88m) Bathroom 7' 2" x 5' 8" (2.18m x 1.73m) Bedroom One 10' 3" x 10' 2" (3.12m x 3.10m) Bedroom Two 10' 3" x 10' 2" (3.12m x 3.10m)
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 24, Cedars Road, Colchester
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