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 house · CO5 9GJ
Listing removedListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this two double bedroom modern family home which benefits from a landscaped garden which is un-overlooked to the rear.
The property has two allocated parking spaces and is presented in good decorative order throughout.
Overview We are delighted to offer this two double bedroom modern family home which benefits from a landscaped garden which is un-overlooked to the rear.
The property has two allocated parking spaces and is presented in good decorative order throughout. Entrance hall Stairs to first floor, radiator.
Lounge 13' 7" x 12' 3" (4.14m x 3.73m) Double glazed window to front, radiator, understairs cupboard.
Kitchen/diner 12' 0" x 9' 9" (3.66m x 2.97m) One and a half bowl single drainer sink unit with cupboards under, matching base and eye level cupboards, roll top work surfaces, space for dishwasher and fridge freezer, integrated oven, hob and extractor fan, radiator, double glazed French doors and windows to rear.
Utility area 5' 5" x 3' 5" (1.65m x 1.04m) Wall mounted gas boiler, space for washing machine. Cloakroom Low level WC, wash basin, radiator. Landing Access to loft space, storage cupboard.
Bedroom one 13' 0" x 9' 3" (3.96m x 2.82m) Double glazed window to rear, radiator. En-suite shower room Double shower, wash basin, low level WC, radiator, obscure double glazed window to rear.
Bedroom two 15' 9" x 7' 10" (4.8m x 2.39m) Double glazed window to front, radiator, wardrobe cupboard. Bathroom White suite comprising of panelled bath, low level WC, heated towel rail.
Outside Rear access to the garden which is laid with Astro Turf, patio area and pathway, pergola, shed to remain, enclosed by fencing. Parking There are two allocated parking spaces.
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
FAQ
About 30, Lavender Crescent, Colchester
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