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 detached house · CO3 8BU
Listing removedListed 280 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Guide Price £300,000-£325,000 ** Situated on a popular modern development in the sought after district of Stanway to the west of Colchester is this well presented two bedroom detached home.
The property boasts generous accommodation throughout, a rear garden, and off road parking.
The accommodation begins with an entrance hall with stairs leading to the first floor and doors giving access to the lounge and cloakroom which comprises a low level w/c, hand wash basin, partly tiled walls, and a double glazed obscured window to the front.
The lounge is located at the front of the property and benefits from a large understairs cupboard, double glazed window to the front aspect, and a doorway leads into the kitchen/dining room.
The kitchen area has been fitted with a range of modern base and eye level units, work surfaces with a built-in four ring gas hob and stainless steel sink, an electric oven with extractor fan over, space and plumbing for undercounter and freestanding appliances, cupboard housing the gas fired boiler, and double glazed French doors leading to the rear garden.
On the first floor the landing offers a storage cupboard, access to the loft space, and doors leading to both bedrooms and the bathroom.
Bedroom one is located to the front of the property and benefits from having an ensuite shower room with shower cubicle, hand wash basin, chrome heated towel rail, low level w/c, extractor fan, and a double glazed obscured window.
Bedrooms two which is also a generous sized double bedroom is situated at the rear of the property.
The bathroom is fitted with a white 3-piece suite with panelled bath and mixer taps, hand wash basin, a low level w/c, partly tiled walls, chrome heated towel rail, extractor fan, and a double glazed obscured window.
Outside The rear garden is mainly laid to lawn with paved patio area as you step out from the kitchen which then leads to a lawn, all enclosed by panelled fencing.
A side gate provides access to and from the front of the property, and the driveway allows off road parking for two vehicles.
Location The property is situated on a sought after modern development to the West of Colchester, a short distance from Tollgates retail and shopping districts offering a varied range of National outlets and Supermarkets providing shopping facilities for day-to-day needs.
The A12 can be easily accessed London bound to the M25 and the stations of Marks Tey and Colchester provide services to London Liverpool Street. The A120 can also be reached for Stansted Airport.
Directions Please use SAT nav code CO3 8BU Important Information Council Tax Band - C Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold EPC rating - B
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 Penguin Parade, Stanway, Colchester, Essex, CO3
Explore nearby