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 flat · CO1 1ZX
Sold STCListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** GUIDE PRICE £140,000 to £150,000 ** Investors, seize the opportunity! Presenting a lucrative investment option – a two-bedroom apartment now tenanted at £900pcm, as advised by the vendor.
This exclusive offer is available exclusively for buy-to-let landlords, making it a unique proposition for those seeking a sound investment in the property market.
Situated just yards away from Colchester North Mainline Station, this apartment boasts a prime location in one of Colchester's most popular commuter residential developments.
The property offers generous internal accommodation, providing both comfort and convenience.
The proximity to Colchester North Station adds to the property's appeal, catering to the needs of those looking for easy commuting options.
This apartment is an investor's dream, with a reliable tenant in place and a rental income of £900pcm.
The two bedrooms and one bathroom configuration make it a practical and attractive choice for both tenants and future buyers.
With Colchester's thriving property market, this investment promises not only immediate returns but also potential future appreciation. Act now to secure this enticing investment opportunity!
Whether you're an experienced landlord or a first-time investor, this apartment, only a stone's throw from Colchester North Station, is an attractive proposition.
Don't miss out on the chance to add a valuable asset to your portfolio. Contact us today to discuss how you can make this investment yours.
Hallway Timber entrance door, telephone entrance system, wall mounted storage heater, cupboard, airing cupboard Lounge/Diner 18'2" x 9'7" (5.54m x 2.92m) Double glazed French doors to Juliet balcony, double glazed window to side, wall mounted storage heater, door to kitchen Kitchen 8'4" x 5'7" (2.54m x 1.7m) Double glazed window to side, selection of base and wall units, worktop with inset sink/drainer, 4 ring electric hob with extractor over, single electric oven, plumbing for washing machine, space for fridge Bedroom One 11'8" x 8'5" (3.56m x 2.57m) Double glazed window to side, fitted wardrobe with sliding doors, wall mounted storage heater Bedroom Two 11'7" x 5'2" (3.53m x 1.57m) Double glazed window to side, wall mounted storage heater Bathroom Panel enclosed bath with shower over, pedestal wash hand basin, WC, tiled walls Communal Garden Lawned communal gardens, with selection of mature trees and shrubs Parking 1 x allocated parking space, with further visitors spaces available on site Agents Note Council Tax Band: B Service Charge: £1065.55 Ground Rent: £50 Years Left On Lease: 87 (Information provided by seller).
Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
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FAQ
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