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 detached house · CO7 9AN
Listing removedListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A truly wonderful detached bungalow in this amazing position backing on to Wivenhoe Woods whilst offering spectacular gardens.
Nestled within easy reach of good local shops, schools, mainline railway station with fast links to London Liverpool Street in just over the hour, the gorgeous waterfront quay and good local pubs/restaurants with highlights of this stylish home to include: 23ft Living room, three bedrooms, en-suite, family bathroom, modern kitchen open onto a charming sun room with roof lantern, off road parking, large garden with a 20ft outbuilding Entrance Hall With 2 storage cupboards and doors leading to.
Living Room 23' 0" x 11' 10" (7.01m x 3.61m) Window to front, two high level windows to side, radiators, feature fireplace.
Bedroom 1 15' 0" x 8' 9" (4.57m x 2.67m) Windows to front and side, radiator, currently used as a study.
Kitchen 10' 10" x 10' 5" (3.30m x 3.17m) A contemporary range of fitted units and drawers with worktops over, inset sink, integrated oven and microwave, integrated dishwasher, integrated washing machine, electric hob with extractor over, matching eye level units, tiled splashbacks, window to side, tiled floor with heating under, open plan to Sun Room.
Sun Room 13' 6" x 9' 1" (4.11m x 2.77m) Brick plinth and Upvc construction, French doors to garden, tiled floor with heating under, roof lantern.
Bedroom 2 12' 0" x 10' 4" (3.66m x 3.15m) Window to rear, radiator and door to en-suite.
En- Suite Tiled floor and walls, shower enclosure, wall hung vanity wash hand basin, close coupled WC. Bedroom 3 11' 10" x 9' 0" (3.61m x 2.74m) Window to side and radiator.
Shower Room Walk in shower enclosure, window to side, vanity wash hand basin, close coupled WC, tiled floor and walls, heated towel rail.
Rear Garden A wonderful garden in the region of 100ft and backing on to woodland, mainly laid to lawn with patio area, various trees, shrubs and plants, outside tap, vegetable patch, greenhouse and a 20ft shed is installed at the bottom of the garden offering versatile opportunity for usage.
Front Garden Laid to lawn with shrubs and adjacent to driveway offering potential for further parking. Off Road Parking Driveway for off road parking.
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 Parkwood Avenue, Wivenhoe, Colchester, CO7
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