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 flat · CO6 1EE
For saleReduced £10k (−5.3%) on 20 OctListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £200,000 to £225,000*** Set within the historic and characterful Old Rectory, this well-presented two bedroom ground floor apartment offers a rare opportunity to enjoy elegant period living combined with modern comfort.
An ideal purchase for first time buyers and investors alike, the property has been thoughtfully converted offering spacious accommodation, enhanced by charming communal gardens, a car port, and additional rear parking.
Overview ***guide price £200,000 to £225,000*** Set within the historic and characterful Old Rectory, this well-presented two bedroom ground floor apartment offers a rare opportunity to enjoy elegant period living combined with modern comfort.
An ideal purchase for first time buyers and investors alike, the property has been thoughtfully converted offering spacious accommodation, enhanced by charming communal gardens, a car port, and additional rear parking.
Step inside Upon entering the apartment, you are welcomed into a central hallway that provides access to all main rooms.
The 16'9" x 12'11" (5.1m x 3.9m) lounge is a generous and light-filled living space.
The kitchen, measuring 9'8" x 9'2" (3.0m x 2.8m), is fitted with stylish shaker style matching base and eye-level units, complemented by a stainless-steel sink bowl with drainer.
The space is well designed for modern living, offering room for a fridge/freezer, washing machine, and dishwasher, along with an integrated oven, electric hob, and extractor hood.
The apartment benefits from two well proportioned bedrooms: •Bedroom One: 15'5" x 13'1" (4.7m x 4.0m) – a bright and spacious double room featuring built in wardrobe storage.
•Bedroom Two: 11'2" x 10'3" (3.4m x 3.1m) – another generous room ideal for guests, a home office, or additional living space.
The modern bathroom, measuring 7'8" x 7'2" (2.3m x 2.2m), has been stylishly finished with a low level WC, wash hand basin with cupboard beneath, and a panelled bath with shower over.
The room is partially tiled, balancing practicality with contemporary flair. Step outside The property benefits from a car port, additional rear parking, and beautifully maintained communal gardens..
The location Occupying a prime position just a minute's walk from Marks Tey Mainline Railway Station, which offers direct services to London Liverpool Street, this property is perfectly placed for commuters.
Marks Tey itself sits just off the A12 and is approximately six miles from Colchester city centre, providing easy access to a wide range of shops, schools, and amenities.
The village offers an excellent selection of local facilities, including a convenience store, fish and chip shop, butcher's, bakery, pharmacy, and a welcoming village hall.
Residents also benefit from an established football club, alongside a well-equipped children's play park and skate park, making Marks Tey a vibrant and family-friendly community
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 Flat 4, Station Road, Colchester
Explore nearby