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 work3-bedroom bungalow · CO4 0HP
Sold STCReduced £25k (−6.3%) on 11 SepListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Offered with no onward chain this exceptional detached bungalow occupies a generous corner plot and provides substantial accommodation.
Situated on the sought-after st johns estate the property is ideal for local shops, bus services and the A12/A120 description Please be aware that we require id and proof of address from all buyers prior to formally processing any accepted offers.
An aml fee of £80 (including vat) is also payable at this stage and covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Entrance The property is entered via the obscure double glazed side door with obscure double glazed side-lights leading to: Reception Hallway Double glazed window to the front aspect, fitted cupboards with sliding doors, radiator, laminate flooring, multi-paned doors to the lounge/dining room and kitchen with a sliding door leading to: Cloakroom Obscure double glazed window to the side aspect, low level WC, corner sink, tiled splashbacks and laminate flooring.
Kitchen Obscure glazed multi-paned side door opening onto the side garden, double glazed window to the side aspect, one-and-a-half bowl sink and drainer with mixer-tap inset to the worktop, mosaic style tiled splashbacks, range of wall and floor mounted matching cupboards and drawers, integral fridge, gas cooker point, four-ring gas hob with cooker hood over, plumbing for a washing machine, wall-mounted Ideal boiler, radiator, inset spotlights and tiled flooring.
Lounge/ Dining Room Double glazed rounded bay window to the front aspect, double glazed window to the side aspect, period style fireplace, two radiators, laminate flooring and a multi-paned door leading to: Inner Hallway Access to the loft (part boarded with a loft ladder), built-in airing cupboard (housing the water tank with shelving), laminate flooring and doors leading to: Bedroom One Double glazed window to the rear aspect, fitted wardrobes, radiator and laminate flooring.
Bedroom Two Double glazed sliding patio doors opening onto the side garden, radiator and laminate flooring. Bedroom Three Double glazed window to the side aspect and a radiator.
Bathroom Obscure double glazed window to the side aspect, enclosed panel bath with Triton electric shower and adjustable shower head, wash hand basin, low level WC, radiator, shaver point, part tiled walls and laminate flooring.
Rear And Side Gardens The property occupies a generous corner plot with wrap-around gardens including the rear garden area which is mainly laid to lawn with both side garden areas mainly paved, flower beds to the rear and sides, two wooden sheds, boxed electric meter, external tap, external lighting and gated access to the front.
Double Garage The double garage can be found to the side of the property with a double up-and-over door to the front, door to the rear (for access from the side garden), double glazed window to the rear, gas meter and power/lighting connected.
Parking The double-gated block paved driveway can be found to the front of the property providing off road parking for several vehicles. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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 2, St. Johns Close, Colchester
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