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 workStudio flat · CO4 5TZ
Sold STCListed 431 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***CASH BUYERS*** TENANTS IN SITU. PERFECT INVESTMENT OPPORTUNITY.
Located in the popular area of Highwood's is this FIRST FLOOR STUDIO APARTMENT which is conveniently located within easy access to the A12, Severalls business park, and COLCHESTER NORTH TRAIN STATION.
An ideal FIRST-TIME purchase or for a BUY TO LET. If you enjoy the 'The beautiful game' then you can walk to the stadium and the local rugby club is nearby too.
The DAVID LLOYD CLUB is in the vicinity and Hollywood Bowl is nearby and surrounded by restaurants so there is always something to do at the weekend.
CHAIN FREE SALE Communal Entrance Security Intercom Access Lift to First Floor Entrance Hall Built in Storage Cupboard Open Plan Living/ Bedroom / KItchen 6.5m x 6.17m Built in Cupboard Bathroom Outside There is an allocated parking space
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 De Grey Road, Colchester, Essex
Explore nearby
