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 house · CO4 9RD
No longer listedReduced £10k (−3.7%) on 25 AugListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in a quiet position on Cleveland Close in Highwoods, this two bedroom mid terrace home has a sense of space and privacy while remaining close to everything you need.
One of the home's most appealing features is its position backing onto a grassed walkway and open green space, meaning there are no properties directly behind.
It creates a peaceful outlook and a feeling of openness that can be enjoyed throughout the year, whether that is watching the seasons change from the garden or stepping out for an evening walk.
Inside, the house provides comfortable and practical living space that suits a variety of lifestyles.
It is easy to picture everyday life here, from busy weekday mornings to quieter weekends spent at home.
For professionals, the location offers excellent access to local amenities and transport links, while providing a calm setting to return to at the end of the day.
For those starting a family or looking for a home with room to grow, the surrounding green space and established neighbourhood create a welcoming environment.
There is a genuine sense of community in Highwoods, along with the convenience of nearby schools, shops and open spaces. This is a home that offers more than just accommodation.
It offers privacy, a connection to green space and the opportunity to enjoy a relaxed way of living in one of Highwoods' most popular locations
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.
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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
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FAQ
About 33, Cleveland Close, Colchester
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