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 · CO3 4ED
Sold STCListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE: £425,000 - £450,000.
Located in the sought after Prettygate area of Colchester, this extended three bedroom detached bungalow offers more than 1,400 sq ft of well proportioned accommodation, a large driveway, garage and an impressive rear garden.
Conveniently positioned close to local amenities and transport links, the property is also offered with no onward chain.
The accommodation begins with an entrance porch, added by the current owners, leading into a spacious hallway with two cupboards - one is storage, one is an airing cupboard.
There are three bedrooms, including a generous principal bedroom which has been extended to create a dressing area and benefits from an en suite shower room.
The second bedroom features built in wardrobes, while the remaining bedroom is well suited as a guest room. A family bathroom with bath and shower overhead.
At the heart of the home is the spacious kitchen, offering an abundance of worktop and cupboard space, together with a gas oven and hob.
This opens into an extended dining room with direct access to the rear garden and an adjoining utility room, providing space for both a washing machine and tumble dryer.
The dining room also leads into a separate office, which has its own door to the garden and internal double doors opening into the well proportioned living room.
The living room can also be accessed directly from the hallway, creating a practical and versatile layout.
Outside, the substantial enclosed rear garden is made up of lawn with multiple patio seating areas, mature trees, established plants, flowerbeds and shrubs.
Several sheds provide excellent storage, while side access is available on one side of the bungalow. There is also an outside WC and direct access into the rear of the garage.
To the front, a large driveway provides ample off road parking and leads to the garage, which benefits from an electric up and over door.
Solar panels with battery were installed approximately two years ago. EPC Rating: D Disclaimer These particulars are for guidance only and do not form part of any offer or contract.
All measurements, images and floor plans are approximate and for illustrative purposes only. Services, appliances and systems have not been tested and no warranty is given as to their condition.
Buyers and tenants must rely on their own inspections, surveys and legal enquiries to verify all material information that is important to them.
Anti-Money Laundering (AML) Verification Oakheart is required to undertake identity and compliance checks in line with UK Anti-Money Laundering (AML) legislation.
These checks apply to all sellers, purchasers and landlords as part of our sales and lettings procedures.
To facilitate this process, we use Landmark, an independent third-party provider that carries out the necessary verification checks on our behalf. A fee of £24.00 inclusive of VAT per person applies.
All relevant checks must be completed and verification confirmed before we can progress with the...
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 Prettygate Road, Colchester, CO3
Explore nearby