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 terraced house · CO1 2HB
Sold STCListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OVERVIEW ***GUIDE PRICE £280,000 TO £300,000*** Positioned in a convenient and established area of Colchester, this beautifully presented two-bedroom end terrace home at Old Heath Road combines period character with stylish contemporary upgrades.
Thoughtfully improved throughout, the property offers generous living space, a striking modern kitchen, and a versatile garden room, making it ideal for first-time buyers, professionals, or investors seeking a ready-to-move-into home.
STEP INSIDE Entering via the porch, the property opens into an impressive open-plan lounge/dining room (25' 0" x 13' 8"), a light and welcoming space featuring two fireplaces-one a characterful open fireplace with exposed brick and hearth, and the second an ornamental fireplace with decorative surround.
This dual-aspect room provides excellent flexibility for both relaxation and entertaining.
To the rear, a separate dining room (13' 11" x 7' 6") creates an additional reception area, ideal for formal dining or family meals, and leads conveniently through to a ground floor WC and onward into the kitchen.
The kitchen (8' 11" x 7' 6") has been stylishly fitted with sleek gloss handleless cabinetry, integrated appliances, a gas hob, and electric oven.
Distinctive contemporary red splashbacks and a matching vertical radiator create a bold and modern finish, while built-in bench seating adds both practicality and charm.
Beyond the kitchen, a generous utility room (13' 11" x 5' 10") provides additional storage, workspace, and direct access to the garden.
Stairs rise to the first-floor landing, where the accommodation continues with two well-proportioned bedrooms.
The principal bedroom (11' 2" x 13' 8") benefits from two fitted wardrobes, offering excellent built-in storage.
The second bedroom (13' 2" x 8' 7") is also spacious and ideal for guests or family use.
A dressing room/study (6' 6" x 5' 0") offers valuable flexibility and could be utilised as a home office, nursery, or additional storage space.
The bathroom (7' 5" x 7' 6") is stylishly finished and well-appointed, providing a comfortable and modern space.
STEP OUTSIDE Outside, the rear garden is well established and thoughtfully arranged, featuring a lawn, patio seating area, and a selection of mature plants and shrubs.
A particular highlight is the impressive outbuilding/garden room (11' 10" x 14' 10"), which provides versatile accommodation ideal for a home office, gym, bar, or creative space.
Unrestricted on-street parking is available nearby.
THE LOCATION Old Heath Road is ideally situated for convenient access to Colchester City Centre, offering a wide range of shops, restaurants, and amenities.
Colchester Town railway station is within easy reach, providing direct links to London Liverpool Street, making the property well-suited for commuters.
The area also benefits from nearby local schooling, green spaces, and everyday facilities, enhancing its appeal for a variety of buyers.
AGENTS NOTES Fixtures and fittings shown or referred to in this property are for guidance only.
Any items to be included in the sale are subject to agreement between the buyer and seller and will be confirmed as part of the legal conveyancing process.
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 Old Heath Road, Colchester
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