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 · CO6 1LE
Listing removedListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bury Close, Marks Tey, CO6 Guide Price £350,000 - £375,000 Location: Situated in the popular village of Marks Tey, the property benefits from excellent transport links and local amenities.
Marks Tey railway station is within easy reach, providing direct services to London Liverpool Street, ideal for commuters.
The A12 and A120 are easily accessible, offering convenient road links to Colchester, Chelmsford, and beyond.
Nearby, Stanway Tollgate Retail Park and Stane Retail Park provide a wide range of shopping and dining options, including Marks & Spencer and Sainsbury’s, along with other everyday amenities.
The area is also well served by local schooling and green spaces. Property: This spacious and well-arranged family home offers excellent living accommodation throughout.
Upon entering, you are welcomed into an entrance hallway with access to the main ground floor rooms.
To the front, the kitchen has been stylishly fitted with a range of modern units, complemented by wooden work surfaces, integrated cooking appliances, and space for further appliances, all finished with a bright and contemporary feel.
The downstairs is further enhanced with the benefit of a utility room and ground floor cloakroom.
Moving through, the generous lounge provides a comfortable and inviting living space, featuring a central fireplace and ample room for seating, with natural light enhancing the space.
The lounge opens through to a separate dining room at the rear, creating an ideal layout for both everyday living and entertaining.
Upstairs, the first floor comprises three well-proportioned bedrooms, including a spacious main bedroom. The additional bedrooms offer flexibility for family use, guests, or a home office.
The family bathroom is well-appointed with a modern suite. A separate WC adds further convenience.
Commanding the second floor of the house is a generous loft room, offering a versatile space, complete with velux windows and eaves storage.
Outside: To the front, the property benefits from a recently upgraded block-paved driveway providing off-road parking and access to an integral garage.
To the rear, the property enjoys a generous and enclosed garden, mainly laid to lawn, offering plenty of space for families and outdoor enjoyment.
A patio area directly to the rear of the house provides an ideal space for seating and entertaining, with fenced boundaries offering a good degree of privacy.
Viewings: Viewings are strictly by appointment only and can be arranged without delay via Michael Property Consultants, Colchester office.
Kitchen 13' 1" x 7' 0" (3.99m x 2.13m) Living Room 19' 2" x 12' 5" (5.84m x 3.78m) Dining Room 11' 7" x 7' 4" (3.53m x 2.24m) Bedroom One 12' 11" x 11' 5" (3.94m x 3.48m) Bedroom Two 11' 1" x 9' 3" (3.38m x 2.82m) Bedroom Three 9' 3" x 7' 9" (2.82m x 2.36m) Bathroom 11' 5" x 5' 11" (3.48m x 1.80m) Loft Room 11' 5" x 10' 7" (3.48m x 3.23m) Garage 8' 1" x 7' 9" (2.46m x 2.36m)
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 18, Bury Close, Colchester
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