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 · CO3 8AU
Listing removedListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £400,000 to £425,000** Located in the sought-after Stanway area which is on the West side of Colchester, this property benefits from a fantastic array of local amenities.
Within walking distance, you will find Tollgate retail park, with its extensive shops, restaurants, and cafes catering to all your needs.
Families will appreciate the proximity to reputable schools, including The Stanway School, making the daily school run a breeze.
Additionally, transport connections are excellent, with easy access to Marks Tey train station, providing direct services to London Liverpool Street, and the nearby A12 and A120 roads facilitating convenient travel to surrounding areas.
Set within a peaceful, family-friendly neighbourhood, this property boasts an inviting curb appeal with a well-maintained front garden and off-road parking on a private driveway.
The well-appointed interior consists of an entrance hall with stairs leading to the first floor and access to a cloakroom.
A door opens into a well designed lounge, which features windows facing the front and attractive decor.
At the rear of the home, you will find a kitchen/dining room; the kitchen is equipped with a range of modern eye-level and base-level units, work surfaces, and integrated appliances.
There is plenty of room for dining, along with French doors that open up to the rear garden, enhancing the indoor-outdoor flow.
On the first floor, the landing provides access to the principal bedroom, which includes its own en suite facility, along with a generously sized second bedroom and a smaller sized third bedroom.
Completing the interior is a stylishly fitted family bathroom.
The rear garden is a true highlight spacious and well-maintained, it is primarily laid with astro turf and a lovely decked area that provides an ideal setting for outdoor dining and entertaining during the warmer months.
The garden offers plenty of room for children to play and all within the privacy of a fully enclosed space.
Disclaimer These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers.
Neither Knight Residential Limited nor any of its employees or agents has any authority to make or give any representation or warranty in relation to this property.
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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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.
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FAQ
About 23, Otter Place, Colchester
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