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 flat · CO2 7GB
Sold STCListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OVERVIEW *** GUIDE PRICE of £170,000 - £180,000 *** ** INVESTMENT ONLY ** John Alexander are delighted to offer this modern two bedroom, two bathroom apartment with allocated parking close to Colchester City Centre situated in the popular Abbeyfields development, which also offers easy access to Colchester Town Railway Station offering links to London Liverpool Street.
COMMUNAL ENTERANCE Stairs to first floor: PERSONAL ENTRANCE HALL Entry phone, radiator and storage cupboard.
BATHROOM Double glazed window to side aspect, enclosed rear bath, pedestal wash hand basin, low level WC, radiator, spotlights and extractor fan.
BEDROOM ONE 11' 6" x 10' 5" (3.51m x 3.18m) Double glazed french doors to Juliet balcony, radiator, fitted wardrobes and a cupboard housing the gas boiler.
ENSUITE Double shower cubicle, low level WC, pedestal wash hand basin, radiator, spotlights and extractor fan. BEDROOM TWO 10' 2" x 11' 0" (3.1m x 3.35m) Double glazed window and a radiator.
LOUNGE 14' 2" x 11' 1" (4.32m x 3.38m) Double glazed french doors to Juliet balcony and a radiator.
KITCHEN 6' 7" x 7' 10" (2.01m x 2.39m) Range of wall mounted and base unit, stainless steel sink and drainer unit inset to work surface, inset four ring with oven beneath and cooker hood over, integrated fridge/freezer and washing machine.
AGENTS NOTE EPC rating - B Council Tax band - B Service Change - £1,156 PA Ground Rent - £308.31 PA Years remaining on this lease: 109 years This property is currently let and managed by Jackson and Co and will continue to be with the new owner.
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 Bradman Court , Circular Road East, Colchester
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