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 8BU
Listing removedListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in a quiet cul-de-sac in the sought-after coastal town of West Mersea, this three-bedroom detached home offers an excellent opportunity for buyers looking for a modern home with the ability to add value and 'make it their own'.
The home provides well-proportioned accommodation throughout and benefits from a practical layout.
The ground floor features a spacious living/dining area leading into a generous garden room - perfect for relaxing at any time of the day or entertaining friends or family and putting the world to right.
The modern kitchen, filled with light from and views onto the south facing garden, has a abundance of units, integrated electric hob and eye level oven Off the kitchen, the former garage now provides useful storage space, a breakfast area ad utility, .Upstairs, there are three bedrooms, two doubles, and a family bathroom.
Externally, the property enjoys a south-facing rear garden, with a generous paved patio, good size summer house selection of mature shrubs and plants, the remain is laid to lawn Perfect for enjoying sunlight throughout the day and ideal for outdoor entertaining, or future landscaping projects.
To the front, there is off-street parking for three to four vehicles, providing convenient parking for residents and visitors alike.
Situated in a peaceful cul-de-sac location and a key feature is the short walk to beach.
The home is within easy reach of local amenities, and the charming shops, cafés and restaurants that West Mersea is known for.
This property presents a fantastic opportunity for anyone looking for convenience, privacy and leisurely or dog walks on the beach. Council tax =. D / £2192 pa Mobile services =.
4G and, 5G (Subject to Network) Broadband = Up to 910 Mbps (Subject to Subscription) Services = Mains water, drainage, oil fired central heating
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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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 2, Thornwood Close, Colchester
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