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 terraced house · CO2 8XQ
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain, this well-presented three-bedroom, two-bathroom home is situated on the popular Solus development to the south of Colchester.
The property offers spacious and contemporary accommodation throughout and further benefits from a south-facing rear garden, car port and garage.
The entrance hall provides access to a ground floor cloakroom and leads through to the modern kitchen/dining room.
Fitted with a range of contemporary wall and base units, the kitchen incorporates quality work surfaces and a selection of integrated appliances, including an oven, washing machine, dishwasher and fridge/freezer.
A door from the kitchen provides access to the rear garden. The first-floor landing leads to a well-proportioned lounge with two double-glazed windows providing excellent natural light.
The principal bedroom is also located on this floor and benefits from a separate dressing room.
Completing the accommodation is the family bathroom, fitted with a panelled bath, separate shower enclosure, low-level WC and wash hand basin.
The second floor comprises two further bedrooms, with one having been adapted to incorporate a dressing area or home office.
A modern shower room, fitted with a shower enclosure, low-level WC and wash hand basin, serves this floor.
Externally, the south-facing rear garden has been landscaped for ease of maintenance, with a patio seating area, artificial lawn and raised decking.
The property also benefits from a garage, car port and additional off-road parking.
Location The property occupies a desirable position within this popular modern development, offering a peaceful setting whilst remaining conveniently close to the city centre.
A range of local shopping facilities and everyday amenities are available within the development, providing excellent convenience for residents.
The property is ideally placed for commuters, with easy access to the A12 providing routes towards London and the M25, as well as the A120 for London Stansted Airport.
Mainline rail services from nearby stations offer regular connections into London Liverpool Street, making this an excellent location for both local and London-based professionals.
Directions Please use postcode CO2 8XQ for SatNav. Important Information Council Tax Band – D Services - We understand that mains water, gas, drainage and electricity are connected to the property.
Tenure - Freehold EPC rating – C
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){kind=logo}
FAQ
About 2, Richard Day Walk, Essex
Explore nearby
