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 0JR
Sold STCListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CHAIN FREE: WELL PROPORTIONED TWO BEDROOM GROUND FLOOR MAISONETTE (with Share of Freehold).
THERE IS LOTS ON OFFER in this well located property and it is ready to move into with fitted kitchen, living room, bathroom, PLUS off road parking and good sized outside space, only short stroll to the Town Centre and Marina.
MUST BE VIEWED. Entrance Lobby 2' 8'' x 2' 8'' (0.81m x 0.81m) Double glazed frosted entrance door, tiled walls, tiled flooring.
Kitchen 9' 11'' x 8' 3'' (3.02m x 2.51m) Double glazed window to one elevation, concealed wall mounted gas boiler.
Stainless steel single drainer sink unit with mixer tap and cupboards under, range of floor standing cupboards, drawers and units with adjacent work tops, wall mounted matching units, built in storage cupboard.
Filter hood over a four ring gas hob, electric oven under, space for fridge/freezer, space for washing machine, tiled flooring.
Living Room 12' 8'' x 10' 10'' (3.86m x 3.30m) Two double glazed windows to one elevation, wall mounted thermostat, wood laminate flooring, radiator.
Bedroom One 11' 2'' x 9' 5'' (3.40m x 2.87m) Double glazed bay window to one elevation, ceiling rose, radiator.
Bedroom Two 9' 7'' x 5' 11'' (2.92m x 1.80m) Double glazed window to one elevation, built-in storage cupboard (with window), radiator.
Bathroom 7' 10'' x 4' 5'' (2.39m x 1.35m) Double glazed frosted window to one elevation, heated towel radiator.
Low level WC, wash hand basin with mixer tap and vanity cupboard under and panelled bath. Tiled splash backs and tiled flooring.
Garden Paved patio area, established raised flower borders, pergola, continuing to side area where there is a lawned area and timber shed. Gate giving access to off road parking.
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 Spring Chase, Brightlingsea, CO7
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