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 house · CO3 8PB
Listing removedReduced £20k (−4.7%) on 21 JunListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented four bedroom semi-detached family home offering spacious accommodation throughout, ample driveway parking, a garage and a spacious rear lawned garden backing onto parkland.
The property is located in a pleasant residential area to the West of Colchester within easy reach of both Stane and Tollgate retail parks each with a range of shops and amenities, both the A12 and A120, a number of primary and secondary schools, and Marks Tey train station.
To the ground floor the property comprises a welcoming entrance hall with stairs to the first floor, a spacious dining room with a small built-in cupboard to the chimney breast wall, a generous lounge with a feature fireplace and an archway to a snug/office area with French patio doors, a well-appointed kitchen fitted with ample contemporary wall and base units with a breakfast bar, an integral double oven and hob and an understairs storage cupboard, and a separate utility room with space and plumbing for storage and appliances and access to a cloakroom WC.
To the first floor there are four well-proportioned bedrooms all of which can space double beds if desired, one of which has two fitted wardrobes and a storage cupboard, and a stylish four-piece bathroom complete with a push-button WC, a wash hand basin, a bath and a corner shower, as well as a built-in cupboard.
Externally the property boasts a shingled driveway to the front providing off-road parking for multiple vehicles and giving access to an integral single garage, which could offer potential for conversion if desired (and subject to any planning permissions needed).
To the rear is a generous and well-maintained lawned garden with a stone paved patio, an abundance of established plants, shrubs and trees, and a large storage shed.
The property backs onto parkland which cannot be built on, it has been confirmed.
Additional information: Council Tax Band: C Local Authority: Colchester Legal disclaimer: These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract.
Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including heating and so cannot verify they are in working order or fit for their purpose.
Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations.
Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate.
Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves.
Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.
Tenure To be confirmed by the Vendor’s Solicitors Possession Vacant possession upon completion Viewing Viewing strictly by appointment through The Express Estate Agency
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
FAQ
About 231, London Road, Colchester
Explore nearby