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 detached house · CO7 9LP
Sold STCListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain Free Sale Guide Price £425,000 to £450,000. Sitting in a generous plot with large 100ft garden is this detached bungalow offering wonderful potential to extend or modernise.
Just a short stroll away from Wivenhoe centre, local shops, pubs, waterfront and beyond from the mainline station with fast links to London Liverpool Street in just over the hour.
Highlights include two bedrooms, living room, kitchen, dining room, bathroom, garage, parking and of course that wonderful garden. Entrance Porch With further door to Hall.
Hallway Loft access, radiator, airing cupboard and doors to: Living Room 12' 11" x 12' 6" (3.94m x 3.81m) Window to front, radiator, fireplace.
Kitchen 12' 10" x 10' 10" (3.91m x 3.30m) Window to rear, door to dining room, tiled floor, fitted units and drawers with worktops over, inset sink, matching eye level units, spaces for appliances.
Dining Room 11' 0" x 10' 8" (3.35m x 3.25m) Window to rear, glazed door to garden, door to garage, radiator. Bedroom 1 12' 6" x 10' 0" (3.81m x 3.05m) Window to front, radiator.
Bedroom 2 10' 0" x 10' 0" (3.05m x 3.05m) Window to rear, radiator. Shower Room Obscure window to rear, shower cubicle, low level WC, pedestal wash hand basin, tiled splashbacks.
Garage 16' 6" x 11' 0" (5.03m x 3.35m) Up and over door to front, door to dining room, power and light connected. Parking Driveway with off road parking.
Rear Garden Approximately 100ft, enclosed by fencing, mainly laid to lawn, green house, garden shed.
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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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 Stanley Road, Wivenhoe, Colchester, CO7
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