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 semi-detached house · CO3 8AS
Listing removedReduced £10k (−3.3%) on 8 SepListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Guide Price £300,000 - £320,000** Occupying a lovely position within easy reach of local shopping facilities and access to the A12 and Marks Tey railway station, a smartly presented two bedroom semi detached house with gas fired central heating, carport and good size rear garden.
Entrance door to entrance hall with stair flight to first floor and cloakroom with low level WC and wash basin.
There is a spacious front facing living room with built in storage cupboard and door to the kitchen which has been recently refitted in a range of high quality units comprising work surfaces with cupboards drawers and space under, inset four ring electric hob with oven under and cooker hood over, fitted wall units, one of which houses the gas fired boiler, plumbing for automatic washing machine, inset spotlighting and French doors giving access to the lovely rear garden.
On the first floor is the landing with shelved linen cupboard and bedroom one has an en suite shower room with tiled shower cubicle, low level WC and wash basin.
Bedroom two is a good size double bedroom and there is a bathroom with panelled bath, pedestal wash basin and low level WC.
Outside The property has a smartly presented front garden with driveway to one side providing off road parking and carport.
To the rear of the property is a good size garden with artificial grass and large patio area being ideal for alfresco dining and entertaining.
Location The property occupies a lovely position in this highly regarded residential area and has a wide range of shopping and leisure facilities close by at Tollgate Retail Park and Stane Retail Park.
There are excellent public transport links via a regular bus service into Colchester city centre, whilst for the commuter there is easy access to the A12 and Marks Tey Railway Station with regular services to London’s Liverpool Street Station.
Directions Please use postcode CO3 8AS for Satnav. Important Information Council Tax Band - C Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold EPC Rating - B Ref - COL260566/gb Agents Note We understand that there is an annual service charge of approximately £200.
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
.png)
FAQ
About 40, Ostrich Street, Colchester
Explore nearby