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 · CO1 1SF
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE: £240,000 - £260,000.
Offered with No Onward Chain and situated on Morten Road in the heart of Colchester, this well presented two/three bedroom terraced home offers versatile accommodation and a low maintenance rear garden.
The property is ideally positioned for convenient access to Colchester City Centre, local amenities and Colchester North Station, which provides direct rail links into London Liverpool Street.
The accommodation begins with a welcoming living room, which leads through to a nicely sized dining room.
From here, there is access into a modern and well presented galley kitchen, offering plenty of cupboard and worktop space, with a side door leading out to the rear garden.
Positioned to the rear of the kitchen is a stylish family shower room, complete with a large walk in shower, WC and wash basin with storage beneath.
To the first floor, there is a double bedroom to the front with built in storage, along with a further double bedroom to the rear, also benefiting from built in storage.
Off the rear bedroom is an additional room, ideal as a third bedroom, dressing room, nursery or home office.
Externally, the property enjoys an enclosed, low maintenance rear garden, laid entirely to patio and offering a private outdoor space to relax or entertain.
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.
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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 Morten Road, Colchester, CO1
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