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 house · CO2 0AL
Sold STCListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £375,000 - £400,000 Situated on Chestnut Avenue in the CO2 area of Colchester, this well-proportioned three-bedroom detached family home is offered to the market with no onward chain, presenting an excellent opportunity for buyers seeking spacious accommodation with scope to modernise and personalise to their own taste.
Stepping inside, the property welcomes you via an entrance hallway with stairs rising to the first floor.
The generous reception room provides a bright and comfortable living space, complete with a feature fireplace creating a central focal point.
To the opposite side of the home, the open-plan kitchen/dining room offers excellent storage and worktop space, alongside ample room for family dining, entertaining and hosting.
To the first floor, the landing leads to three bedrooms, including two well-proportioned double rooms and a further single bedroom, in addition to a spacious four-piece family bathroom.
Externally, the property benefits from a substantial private rear garden commencing with a patio seating area and extending predominantly to lawn, enclosed by mature hedging and panel fencing, creating an ideal outdoor environment for families and entertaining.
The property further benefits from a garage providing additional storage or parking potential.
Conveniently positioned to the south of Colchester, the property enjoys easy access to local amenities, shops and regular bus routes into the city centre, while nearby transport links provide convenient access towards central Colchester and Mersea Island.
The property is also located close to the popular Friday Woods, ideal for walking and outdoor recreation.
Agent's Note Select property photos have been virtually staged to showcase the potential of the space.
While these digital enhancements provide design and layout ideas, the property is currently vacant.
We strongly advise viewing the property in person to assess the true dimensions and current physical condition EPC Rating: D 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
Agent & docs

FAQ
About Chestnut Avenue, Colchester, CO2
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