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 terraced house · CO2 9RH
No longer listedListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £260,000 - £270,000** A smartly presented three bedroom family house occupying a convenient position within easy reach of local schooling and city centre with its excellent range of amenities.
Entrance door to entrance hall with stairflight to first floor, built in storage cupboard and cloakroom with low level WC and wash basin.
The spacious kitchen/breakfast room is very much the focal point of this lovely home and has fitted work surfaces with cupboards drawers and space under, inset four ring gas hob, built in double oven and grill, integrated fridge/freezer and washing machine and built in larder cupboard.
The rear facing lounge has a door opening onto the garden. On the first floor is a landing with access to loft space and large built in storage cupboard housing the gas fired boiler.
There are three well proportioned first floor bedrooms, two of which have built in wardrobes and a family bathroom with panelled bath, wash basin and low level WC.
Outside To the front of the property is an attractive lawned garden with raised flowerbed and pathway to front door, being retained by timber fencing.
To the rear of the property is a patio area beyond which the garden is mainly laid to lawn and enclosed by fencing, there are flowerbeds and outside tool store.
We are advised that there is an allocated parking space (No. 10) in a nearby parking area, although this has not been verified by Fenn Wright.
Location The property occupies an excellent position within easy reach of local schooling and access to the city centre with its excellent range of shopping and recreational amenities, wine bars, restaurants and Mercury Theatre.
Directions Please use postcode CO2 9RH for Satnav. 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 - tbc Ref - COL260717/gb Agents Note We understand that there is an annual maintenance fee of around £275.
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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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 10, Rangoon Close, Essex
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