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 bungalow · CO16 8LX
Listing removedListed 275 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom detached timber framed bungalow overlooking a small greensward to the front.
The property is offered in excellent decorative order and benefits from a large conservatory, rear garden and off road parking.
This property is ideal as a family home, second home or buy to let portfolio.
Entrance To The Property Is Via Double Glazed Door To: Lounge: (4.5m x 3.56m (14' 9" x 11' 8")) Radiator, laminate style floor, access to loft space. Door to inner hallway.
Kitchen: (1.9m x 1.8m (6' 3" x 5' 11")) Single drainer sink inset into an L-shaped work surface with cupboards and drawers underneath. Space for fridge freezer and cooker.
Matching range of wall cabinets, part tiling to walls. Single glazed window to rear overlooking the conservatory.
Bedroom 1: (3.48m x 1.93m (11' 5" x 6' 4")) Double glazed window to side., laminate style floor, radiator.
Bedroom 2: (2.72m x 1.96m (8' 11" x 6' 5")) Double glazed window to side, radiator, laminate style flooring. Inner Hallway: With door to conservatory. Laminate style floor and door to bathroom.
Conservatory: (4.37m x 2.03m (14' 4" x 6' 8")) Range of windows and double glazed French doors opening into the rear garden. Radiator, solid roof.
Bathroom: Panelled bath with shower over, pedestal wash basin and low level WC. Radiator, skylight window, tiling to walls.
Outside: To the front of the property there are double wooden gates giving access into a driveway which provides parking for two vehicles.
The rear garden comprises of a patio area with the remainder being laid to lawn. Utility cupboard housing the electric boiler, power system for solar panels and space for washing machine.
Gate gives rear access to a walkway with further communal parking. Agents Notes: Solar Panels: Solar panels are situated on the roof, however they are currently not working.
Additional Information: There is currently a tenant in residence at the property paying £700 per calendar month.
The tenant is happy to remain if the property is to be bought as part of a rental portfolio, however the property can also be sold without the tenant in residence.
The heating system has not been tested by the agent. Third Party Commissions: Harwich Village Homes can offer services that maybe of interest to you.
These services are not compulsory and you and the buyer have a right to decline these services.
Harwich Village Homes will receive a referral fee from these providers (at no cost to you) which we will retain, subject to the seller and/or buyer appointing said provider for their services.
Referral fees will be paid upon completion of the service provided to the seller and/or buyer by the supplier.
Surveyors: If we are asked to recommend a surveyor, we will recommend Julien Lawrence Surveyors.
You are not obliged to secure the services of these surveyors and are free to appoint a surveyor of your own choice.
Should Julien Lawrence Surveyors be instructed from a recommendation from Harwich Village Homes then Harwich Village Homes may receive a third-party commission of up to £50.
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
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
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FAQ
About 83, Norman Way, Clacton-on-Sea
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