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 · CO7 0BP
Sold STCListed 277 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** £170,000 - £180,000 Guide Price ** Stoneridge Estate Agents bring to market this character first floor maisonette being one of only two in this distinctive building.
A shared front entry that has intercom leads you in and up the stairs to the private entrance.
Hallway with storage space, master bedroom to the front with high ceilings and down lighting with fitted wardrobes and en-suite shower room.
Second bedroom/office and a family bathroom with modern suite. Main living area that is open plan to the kitchen area having concealed appliances. Double doors opening out to the rear balcony.
There is a parking bay to the front.
As locations go you cannot really get more convenient as this property is nestled in the heart of the town with all the town centre has to offer right on your doorstep such as local shops, cafes, doctors and bus service that runs to neighbouring towns and villages such as Colchester.
Call now to schedule a viewing.
Open Plan Living 17'6" x 14'4" (5.33m x 4.37m) Bedroom 1 15'2" x 10'4" (4.62m x 3.15m) En Suite 6'1" x 5'3" (1.85m x 1.60m) Bedroom 2 10'5" x 6'4" (3.17m x 1.93m) Bathroom 6'9" x 5'7" (2.06m x 1.70m) Material information for this property: Tenure is Leasehold Service Charge is in the region of £1,000.00 PA Ground Rent is £160 PA Lease Approx 110 Years Remaining Council Tax Band - B EPC Rating - D Services Connected.
Electricity - Yes (Underfloor Heating) Water - Yes. Sewerage type - Mains. Telephone & Broadband coverage - Unknown.
Prospective purchasers should be directed to website Checker.ofcom.org.co.uk to confirm the coverage of mobile phone and broadband for this property. Non standard property features to note - None.
Any other charges: None. Agents notes: New hot water system recently installed. Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents.
A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars.
We can also not confirm that such items are within the ownership of the seller. They may however be available by separate negotiation.
Floorplans are for guidance purposes only and therefore not to scale.
The agent has assumed relevant planning permissions are in place for any alterations the property has undergone and it is the responsibility of the seller to confirm this via their solicitor.
Money Laundering Regulations 2003 - Any prospective purchasers' will be asked to produce photographic identification and proof of residential documentation once entering into negotiations for a property in order for us to comply with current Legislation.
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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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.
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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
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