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 flat · CO12 3DF
Listing removedListed 309 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated ideally for town centre and beach is this first floor, over 55's one bedroom apartment.
The property benefits from lounge and kitchen area, stunning shower room, double bedroom and offered with no onward chain.
Double Glazed Entrance Door To: Entrance Hall: Two built in cupboards, coved ceiling. Entry phone system.
Open Plan Lounge/Kitchen: (6.25m x 3.56m (20' 6" x 11' 8")) Lounge Area: Double glazed window to side. Night storage heater, coved ceiling, dado rail.
Kitchen Area: The kitchen has been fitted with a range of wall and base units incorporating stainless steel sink unit with mixer tap over, electric oven and hob.
Plumbing and space for washing machine, space for fridge freezer, tiled splash backs, coved ceiling. Bedroom 1: (3.56m x 2.77m (11' 8" x 9' 1")) Double glazed window to side.
Night storage heater, coved ceiling, built in cupboard. Access to loft. Stunning Shower Room: Walk in shower cubicle, hand basin set in vanity unit, WC. Tiled walls and flooring, coved ceiling.
Agent's Notes: The heating system has not been tested by the agent. We have been advised that parking for this property is on street.
Leasehold Information: - The details shown below have been provided by the vendors and any purchaser is advised to liaise with their solicitor for confirmation of this information.
Length of Lease: 100 years with 74 years remaining. Ground Rent: £100 per annum. Service Charge: £925 per annum.
Third Party Commissions: Harwich Village Homes can offer services that maybe of interest to you. These services are not compulsory and you and the buyer have a right to decline these services.
Harwich Village Homes will receive a referral fee from these providers (at no cost to you) which we will retain, subject to the seller and/or buyer appointing said provider for their services.
Referral fees will be paid upon completion of the service provided to the seller and/or buyer by the supplier.
Surveyors: If we are asked to recommend a surveyor, we will recommend Julien Lawrence Surveyors.
You are not obliged to secure the services of these surveyors and are free to appoint a surveyor of your own choice.
Should Julien Lawrence Surveyors be instructed from a recommendation from Harwich Village Homes then Harwich Village Homes may receive a third-party commission of up to £50.
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
FAQ
About Flat 9, Park Court,, Park Road, Essex
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