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 · CO12 4PY
Listing removedReduced £10k (−8.3%) on 8 JulListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented, purpose built ground floor apartment benefitting from gas heating, double glazing, private garden and allocated parking space.
Entrance Door Leading To Living Room Living Room (6.3m x 3.43m (20' 8" x 11' 3")) TV point, radiator, wood laminate style floor. UPVC double glazed windows to front and side. Opening to kitchen/diner.
Kitchen/Diner Kitchen Area (3.18m x 2.4m (10' 5" x 7' 10")) Fitted with matching units comprising single bowled stainless steel sink unit with mixer tap over set in work surface with cupboards below.
Further work surface with cupboards and drawers below. Range of wall mounted cupboards over, four ring hob, oven, extractor hood, six ceiling downlighters.
Gas fired boiler (not tested by the agent), complimentary tiling to walls, wood laminate style floor. UPVC double glazed window to side.
Dining Area (3.12m x 3.1m (10' 3" x 10' 2")) Radiator, built in cupboard, wood laminate style floor. Opening on to living room and kitchen.
Inner Lobby Built in cupboard, wood laminate style floor, door to bedroom one. Bedroom 1 (3.43m x 3.28m (11' 3" x 10' 9")) Built in double wardrobe cupboard with hanging space and shelving, radiator.
UPVC double glazed French doors and windows to rear. Bedroom 2 (3.25m x 2.72m (10' 8" x 8' 11")) Built in double wardrobe cupboard with hanging space and shelving, radiator.
UPVC double glazed window to rear. Bathroom White suite comprising panelled bath with mixer tap and shower attachment, pedestal hand basin and low level WC.
Shaver point, complimentary tiling to walls, extractor fan, four ceiling down lighters. UPVC double glazed window to side.
Outside As previously mentioned, the property benefits from an allocated parking space. There is a private 'L' shaped garden which is mainly laid to lawn and is surrounded by a brick wall and fencing.
Agent's Disclaimer The details shown below have been provided by the vendors and any purchaser is advised to liaise with their solicitor for confirmation of this information.
Length of Lease: 78 years remaining. Ground Rent: £100 per annum. Service Charge: £2024 per annum. Third Party Commissions Harwich Village Homes can offer services that maybe of interest to you.
These services are not compulsory and you and the buyer have a right to decline these services.
Harwich Village Homes will receive a referral fee from these providers (at no cost to you) which we will retain, subject to the seller and/or buyer appointing said provider for their services.
Referral fees will be paid upon completion of the service provided to the seller and/or buyer by the supplier.
Surveyors If we are asked to recommend a surveyor, we will recommend Julien Lawrence Surveyors.
You are not obliged to secure the services of these surveyors and are free to appoint a surveyor of your own choice.
Should Julien Lawrence Surveyors be instructed from a recommendation from Harwich Village Homes then Harwich Village Homes may receive a third-party commission of up to £50.
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 Flat 8, The Anchorage,, Tyler Street, Essex
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