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 bungalow · CO7 9LN
Listing removedReduced £25k (−4.3%) on 20 JunListed 551 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rarely available is this established detached bungalow in this sought after Wivenhoe position and offering a generous plot. With ample off road parking, garage, and beautiful gardens.
Highlights of the home include three bedrooms, en-suite to master, lounge with brick fireplace, dining room/home office, kitchen/breakfast room, utility room, bathroom, cloakroom and large entrance hall with access to loft rooms.
Set in this desirable road and within easy reach of Wivenhoe's excellent amenities. Chain Free.
Entrance Hall 11' 2" x 8' 11" (3.40m x 2.72m) UPVC front door, two windows to front, radiator, airing cupboard, storage cupboard, electric meter cupboard and, access to loft rooms, doors leading to: Dining Room 10' 6" x 8' (3.20m x 2.44m) UPVC window to side, radiator and open to Lounge 16' 1" x 13' 6" (4.90m x 4.11m) UPVC windows to both sides, large UPVC window to front, radiator, brick hearth and surround with oak mantle over.
Kitchen 14' 9" x 9' 11" (4.50m x 3.02m) Windows to rear and side UPVC door, door to utility room, tiled floor, radiator, a range of fitted units and drawers with laminate worktops over, inset sinks and drainer, integrated oven/hob, space for fridge/freezer, dishwasher.
Utility Room 8' x 7' 11" (2.44m x 2.41m) Window to rear, UPVC door to front, tiled floor, work top with space for washing machine and tumble dryer.
Cloakroom Window to rear, low level WC, wash hand basin, radiator, tiled floor.
Bedroom One 14' 8" x 11' 1" (4.47m x 3.38m) Window to rear, door to side, two radiators, fitted wardrobes and door to en-suite.
En Suite Vinyl floor, window to side, part tiled walls, fitted units with enclosed WC, vanity wash hand basin, heated towel rail, shower cubicle.
Bedroom Two 12' 1" x 10' (3.68m x 3.05m) UPVC window to front, radiator. Bedroom Three 11' 1" x 8' 9" (3.38m x 2.67m) UPVC window to rear, radiator, fitted wardrobes.
Family Shower Room Window to rear, shower encloser, low level WC, pedestal wash hand basin, radiator, tiled splashbacks.
Loft Rooms Accessed via drop down ladder from entrance hall and offering velux windows, storage heater and lots of potential.
Garage & Parking Retained by hedging and offering ample parking space, gated side access to rear garden.
20' 3" x 8' 6" (6.17m x 2.59m) Rollershut door to front, power and light connected, up and over door to rear.
Rear Garden Mainly laid to lawn with various trees, shrubs and plants, patio area, garden shed, workshop with power and light, greenhouse and enclosed by panel fencing.
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
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FAQ
About 24, Manor Road, Colchester
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