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 · CO2 8XZ
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE: £170,000 - £190,000.
Offered to the market with no onward chain, this spacious two-bedroom, two-bathroom first floor apartment occupies a desirable position on Ballantyne Drive, Colchester, and benefits from an impressive 991 years remaining on the lease, providing excellent long-term security for both owner occupiers and investors alike.
The accommodation begins with a welcoming entrance hall featuring multiple built-in storage cupboards, providing practical everyday convenience.
Both bedrooms are generous doubles and benefit from fitted wardrobes, whilst the principal bedroom further enjoys the advantage of a modern en-suite shower room.
A separate family bathroom serves the remainder of the accommodation.
The heart of the home is the spacious open-plan kitchen, dining and living area, creating an ideal environment for modern living and entertaining.
The kitchen offers ample workspace and storage, while the living area enjoys direct access onto a private balcony, providing an excellent outdoor seating space.
There is also then one allocated parking space to the property.
Positioned within close proximity to the University of Essex, the property presents an ideal opportunity for first-time buyers, professionals and buy-to-let investors alike.
The surrounding area offers a range of local amenities, shops and transport links, while nearby access to the A12 provides excellent connectivity to Colchester city centre, surrounding towns and London beyond.
EPC Rating: B Disclaimer These particulars are for guidance only and do not form part of any offer or contract.
All measurements, images and floor plans are approximate and for illustrative purposes only. Services, appliances and systems have not been tested and no warranty is given as to their condition.
Buyers and tenants must rely on their own inspections, surveys and legal enquiries to verify all material information that is important to them.
Anti-Money Laundering (AML) Verification Oakheart is required to undertake identity and compliance checks in line with UK Anti-Money Laundering (AML) legislation.
These checks apply to all sellers, purchasers and landlords as part of our sales and lettings procedures.
To facilitate this process, we use Landmark, an independent third-party provider that carries out the necessary verification checks on our behalf. A fee of £24.00 inclusive of VAT per person applies.
All relevant checks must be completed and verification confirmed before we can progress with the...
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
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FAQ
About Ballantyne Drive, Colchester, CO2
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