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 work2-bedroom house · CO2 8WL
Listing removedReduced £10k (−4.3%) on 18 SepListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming Two-Bedroom House In Sought-After Colchester Location Guide price £240,000 - £250,000.
An exceptional opportunity to acquire a charming two-bedroom house, ideally situated in a highly sought-after area of Colchester.
This property is offered to the market with the significant advantage of no onward chain, making for a potentially swift and smooth transaction for prospective buyers.
Upon entering, you are greeted by a well-proportioned lounge/diner, providing a versatile space for both relaxation and entertaining.
The layout is thoughtfully designed, creating a comfortable and inviting atmosphere.
A notable feature of this home is the convenience of a ground floor WC and bathroom, a practical addition that enhances everyday living.
The kitchen, whilst functional, offers scope for personalisation, allowing new owners to create a culinary space perfectly tailored to their tastes and requirements.
Upstairs, the property boasts two comfortable bedrooms, offering peaceful retreats at the end of the day. These rooms are well-sized and benefit from ample natural light.
Externally, the property truly shines with its private rear garden, an ideal space for outdoor dining, gardening, or simply unwinding in the fresh air.
The garden provides a secure and secluded environment, perfect for enjoying warmer months.
Further enhancing the appeal of this home is the inclusion of off-road parking, a highly desirable amenity in any residential area, ensuring convenience and peace of mind for vehicle owners.
Location is paramount, and this property excels in that regard. Situated in a popular Colchester locale, residents will benefit from excellent access to a wide array of local amenities.
These include shops, supermarkets, reputable schools, and various leisure facilities, all within easy reach.
Commuters will appreciate the proximity to major transport links, including Colchester's mainline railway station, offering direct services to London Liverpool Street, and convenient access to the A12.
This delightful house represents an outstanding opportunity for first-time buyers looking to step onto the property ladder, or for investors seeking a valuable addition to their portfolio.
Its desirable features, coupled with the attractive guide price and the absence of an onward chain, make it a truly compelling proposition.
Early viewing is highly recommended to fully appreciate all that this wonderful home has to offer.
Agents note: Anti-Money Laundering (aml) Compliance As part of our commitment to meeting UK Anti-Money Laundering (aml) regulations, Harris + Wood are required by law to confirm the identity of all purchasers before a sale can proceed.
To make this process as straightforward as possible, we work with an independent verification service, Clearcheck, who conduct these checks on our behalf.
A small verification fee applies for each purchaser. These checks must be fully completed and verified before we are able to progress with your purchase.
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
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FAQ
About 8 Rose Allen Avenue, Colchester, Essex
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