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 work1-bedroom house · CO2 8UU
Listing removedReduced £10k (−4.3%) on 21 JunListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £230,000 - £240,000*** Offered for sale with no onward chain, Palmer & Partners present this well-maintained one-bedroom detached bungalow, ideally positioned for convenient access to a wide range of local amenities and excellent transport links.
Situated within easy reach of Colchester city centre, the location benefits from an array of shops, restaurants, leisure facilities, and highly regarded schools.
Both Colchester Town and North stations are easily accessible, providing direct rail services to London Liverpool Street. The surrounding area also offers pleasant green spaces and riverside walks.
The accommodation comprises an entrance hall, a recently fitted modern kitchen, and a spacious lounge/diner with direct access to the rear garden.
There is a generous double bedroom and a recently updated shower room featuring a contemporary walk-in shower.
Externally, the property benefits from a private rear garden, mainly laid to lawn with a patio area, ideal for outdoor seating. To the front, there is driveway parking.
An early internal viewing is highly recommended to avoid disappointment. Hallway Kitchen (1.9m x 3.45m) Lounge/Diner (3.96m x 3.7m) Main Bedroom (3.35m x 3.68m) Shower Room (2.5m x 1.88m)
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 The Bungalow,, Mackay Court, Essex
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