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 house · CO7 9LG
Listing removedReduced £20k (−6.7%) on 17 SepListed 424 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented Victorian semi- detached home with off road parking in this wonderful sought after road in central Wivenhoe within easy reach of good local shops and amenities.
With Essex University and Wivenhoe train station on your doorstep which has fast links to London Liverpool Street in just over the hour.
This charming home offers two first floor bedrooms and bathroom, ground floor wet room, two reception rooms with high callings and picture rails, with one also having a fireplace with log burner feature, recently fitted kitchen, utility and great garden all finished to a lovely standard and retaining many original features.
Please call the sales team today to arrange your viewing. Living Room 11' 09" x 11' 05" (3.58m x 3.48m) UPVC front door, double glazed window to front, radiator, log burner, TV point.
Inner Hall Electric meter, wall mounted fuse box, stairs to first floor.
Dining Room 11' 11" x 11' 05" (3.63m x 3.48m) Double glazed window to rear, radiator, under stairs storage with light, TV point.
Kitchen 8' 11" x 7' 04" (2.72m x 2.24m) Double glazed window to side, stable UPVC door, under floor heating, part tiled walls, fitted shaker style kitchen with a range of wall and base units, under counter lights, integrated cooker, gas hob, fridge, dish washer, stainless steel sink with right hand drainer.
Utility 7' 09" x 6' 06" (2.36m x 1.98m) Double glazed window to rear, tiled floor, ceiling fan, tiled splash back, wall mounted boiler, space for freezer and washing machine.
Wet Room 7' 01" x 3' 0" (2.16m x 0.91m) Tiled floor, low level WC, wash hand basin, wall mounted shower.
Landing Cast iron fireplace, loft access, ( boarded, power and insulated) doors leading to: Bedroom One 11' 09" x 11' 05" (3.58m x 3.48m) Double glazed window to front, radiator, cast iron fireplace, TV point, built in storage.
Bedroom Two 11' 05" x 7' 08" (3.48m x 2.34m) Double glazed window to rear, radiator, TV point.
Family Bathroom 9' 08" x 7' 04" (2.95m x 2.24m) Double glazed obscure window to rear, radiator, part tiled walls, panelled bath with over head shower, bidet, low level WC, airing cupboard.
Driveway Driveway positioned to the side of property creating off road parking.
Garden A generous garden mainly laid to lawn, patio area, summer house with power, retained by privacy fencing and mature shrubs.
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 12, Ernest Road, Colchester
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