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 · CO6 3QF
Listing removedReduced £25k (−7.7%) on 22 JulListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain and situated on Spring Lane in the desirable village of Eight Ash Green, this three-bedroom semi-detached home presents an excellent opportunity for buyers looking to put their own stamp on their next home.
The ground floor accommodation comprises a generous living/dining room, providing a versatile space for both relaxing and entertaining, alongside a separate kitchen with scope for redesign.
The layout also offers access to an integral garage, ideal for storage or adding further potential for conversion if desired.
To the first floor, there are three bedrooms, including a good-sized principal bedroom, along with a family bathroom and landing area.
Externally, the property benefits from a rear garden which is mainly laid to lawn. A side courtyard provides an ideal space for outdoor seating.
To the front, a driveway offers off-road parking for multiple vehicles.
Offered with fantastic scope for improvement, this property is ideal for those seeking a end of chain property in a sought-after village setting with convenient access to local amenities such as Stane Retail Park and ideal transports links with Marks Tey Station and the A12 only a short drive away.
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
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FAQ
About 23, Spring Lane, Colchester
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