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 · CO3 8BU
Sold STCListed 379 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Penguin Parade, Stanway, CO3 - Three Bedroom Detached Family Home | No Onward Chain Located in a sought-after West Colchester position, this modern three-bedroom detached home is still within its 10-year new home warranty and offers excellent access to local amenities, including Tollgate and Stane Retail Parks, the A12/A120, and Marks Tey train station.
The property features a welcoming entrance hall with a downstairs cloakroom, a spacious reception room with patio doors opening to the rear garden, and a stylish kitchen/diner with a side box bay window, tiled flooring, shaker-style units, stone work surfaces, and space for appliances.
There is also a separate utility room with plumbing and space for laundry appliances. Upstairs, the master bedroom benefits from dual-aspect windows and an en-suite shower room.
There is also a further double bedroom, a single third bedroom, and a modern family bathroom.
Outside, the home offers tandem parking for two vehicles under a carport to the rear, with additional on-road parking available.
The rear garden is private, enclosed, and ideal for family use or entertaining. Offered with no onward chain – early viewings are highly recommended.
Entrance Hall Kitchen/Dining Room 18' 8" x 9' 10" (5.69m x 3.00m) Utiity Room 6' 3" x 5' 9" (1.91m x 1.75m) Landing Master Bedroom 18' 11" x 10' 6" (5.77m x 3.20m) En-Suite Shower Room Bedroom Two 10' 9" x 10' 0" (3.28m x 3.05m) Bedroom Three 10' 0" x 7' 10" (3.05m x 2.39m) Bathroom 7' 2" x 6' 3" (2.18m x 1.91m) Additional Information Please be advised this property is subject to an estate charge, which is payable per annum.
We advise all interested parties to confirm this information with their appointed solicitor at an early stage of their conveyance to prevent any discrepancy.
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
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FAQ
About Penguin Parade, Stanway, Colchester, CO3
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