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 maisonette · CO4 3RT
Listing removedReduced £20k (−11.8%) on 8 FebListed 359 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Guide Price £150,000 to £160,000 ** Offered to the market with the added benefit of no onward chain is the excellent two bedroom first floor maisonette, offering generous reception and bedroom accommodation throughout and complete with the added luxury of a private garden and parking.
Situated to the north-east of Colchester's city centre and within walking distance of an array of useful amenities, shops, schooling and transport links, this property suits a diverse range of prospective owners.
Favourably positioned and overlooking a large greensward, highlights of this property include; an entrance hall with inset storage, large reception room, fitted kitchen-diner with space for appliances, two generously proportioned double bedrooms and bathroom suite.
Bathroom 5' 6" x 5' 2" (1.68m x 1.57m) Living Room/Dining Area 15' 8" x 14' 7" (4.78m x 4.45m) Kitchen 12' 11" x 9' 6" (3.94m x 2.90m) Bedroom One 12' 9" x 12' 2" (3.89m x 3.71m) Bedroom Two 11' 6" x 8' 9" (3.51m x 2.67m) Agents Notes & Lease Information We have been advised by the seller that there is 87 years remaining on the lease with a ground rent of £10 pa and a service charge of £400 pa.
We do however advise that all buyers are to clarify this information with their solicitor.
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 18, Dewberry Close, Colchester
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