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 work4-bedroom detached house · CO7 7FD
Sold STCListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**NEW SHOW HOME COMING SOON!** Plot 21 - The Iris at Chattowood is an impressive new SHOW HOME property, with double garage and stunning field views.
This exciting development in Elmstead village creates a pleasent balanced enviroment for residents and showcases quality craftsmanship synonymous with Lanswood Homes.
The Iris is an impressive and welcoming family home offering solar panels, underfloor heating and a double garage.
The flexible accommodation comprises; A large entrance hallway with a cloakroom, two storage cupboards and access to all ground floor rooms.
The convenient study / playroom has stunning field views, making it an ideal home office.
A generous sized triple aspect living room has bi-fold doors opening onto the expansive rear garden, whilst the beautiful open-plan kitchen/family room benefits from an island with excellent storage, an integrated kitchen including double oven and French doors, again opening to the rear garden.
There is a dedicated utility room giving space for white goods.
To the first floor, the landing provides access to three double bedrooms and a large single, with the master benefitting from a contemporary en-suite shower room.
The accommodation is completed by a premium family bathroom.
Externally the front garden has beautiful dry bed planting, double driveway and a generous double garage measuring approximately 7.1m (length) x 6.1m (width).
Chattowood is an exciting collection of thoughtfully designed homes located in the sought after village of Elmstead Market close to the historic town of Colchester.
An exceptional development of contemporary high quality two, three and four bedroom properties creating an impressive new neighbourhood.
Showcasing quality materials and impressive craftsmanship combined with exceptional service levels have become synonymous with Lanswood Homes.
As outstanding developers, they pride themselves on creating quality homes in attractive settings that combine traditional design, modern styling and quality finishes, with sustainability a priority.
The landscaping at Chattowood is equally immpressive and forward thinking.
Designed to thrive naturally whilst supporting biodiversity, this includes drought-resilient planting and pollinator-friendly gardens – which has already attracted local and national attention, featuring on BBC Gardeners’ World.
Full property specification available to view in brochure attached.
Call Fenn Wright on or visit Chattowood.co.uk Location Elmstead Market is an extremely attractive and thriving village nestled in the Tendring Peninsula which boasts rich scenery, panoramic coastlines and charming villages and a host of opportunities for days out with friends and family.
Elmstead Market has good local amenities including a Budgens store, primary school and doctors surgery.
The A133, A120 and A12 carriageways mean there are excellent links to Colchester, Clacton, Harwich and beyond.
The villages of Alresford and Wivenhoe are just a few miles away and have mainline stations to London Liverpool St.
Directions From our Colchester High Street office proceed down East Hill and continue forward along East Street and continue over the mini roundabout to the St Andrews Avenue roundabout.
Take the 3rd exit onto the A133 to the main Greenstead roundabout, proceeding over onto Clingoe Hill A133 towards Clacton and Elmstead Market for 6 miles passing Beth Chatto Gardens where the development can be found further along on the right hand side.
Sat nav postcode CO7 7FF. Important Information Council Tax Band - TBC Services - We understand that mains water, drainage and electricity are connected to the property.
The property has solar panels which work very effectively in conjunction with air source heat pumps which are used to heat the property.
Tenure - Freehold EPC rating - Expected A Management charge - Occupiers will be required to pay an annual management charge of approx.£383.00 for the upkeep of communal areas and pumping station which aids the mains drainage system for all properties.
Maintenance remains the responsibility of the builders until the development is complete. At this time Chattowood Management Ltd will be appointed and residents will become equal members.
Agents note - Any CGI images are indicative of the finished product. Choices are subject to build stage and availability. THE INTERNAL PHOTOS SHOWN ARE OF A PREVIOUS PLOT OF THE SAME DESIGN TYPE.
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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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
About Plot 21 The Iris, Chattowood, Linum Road, Elmstead Market, Colchester, CO7
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