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 · CO5 8ES
Listing removedListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented three-bedroom detached family home occupying a generous corner plot in a sought-after location on West Mersea, offering excellent living accommodation, ample parking and outstanding potential for extension and further development (STPP).
The accommodation begins with an entrance porch leading into a welcoming hallway, with a convenient cloakroom.
The spacious living room provides an ideal setting for relaxation, while the separate dining room offers an excellent space for entertaining and family dining.
Double doors from the dining room open directly onto the rear garden, creating a wonderful connection between the indoor and outdoor living spaces.
The fitted kitchen is positioned adjacent to the dining room and offers scope for modernisation or reconfiguration to suit individual requirements.
On the first floor, the principal bedroom benefits from built-in wardrobes and a private en-suite shower room.
The second bedroom also features built-in wardrobes, while the third bedroom is well-proportioned and served by the family bathroom.
Occupying a substantial corner plot, the property enjoys generous outdoor space and presents a rare opportunity for buyers seeking a home with significant scope to enlarge and enhance.
The size and position of the plot offer exceptional potential for extensions or redevelopment, subject to the necessary planning consents.
Externally, the property benefits from a private rear garden, a single garage and off-street parking for up to three vehicles.
Combining versatile accommodation, a highly desirable West Mersea location and considerable future potential, this attractive detached home presents an exciting opportunity to create a larger family residence tailored to individual requirements.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
.png)
FAQ
About 40, Garden Farm, West Mersea Colchester
Explore nearby