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 · CO4 5SE
Listing removedListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary The exceptional first floor apartment is beautifully presented throughout making the perfect home for first time buyers situated conveniently for local shops, Highwoods Country Park, colchester north station for access to London Liverpool Street and the A12/A120.
Description Please be aware that we require id and proof of address from all buyers prior to formally processing any accepted offers.
An aml fee of £80 (including vat) is also payable at this stage and covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Entrance The property is entered via the security entry door leading to: Communal Hall Stairs to first floor and a door leading to: Hallway Double glazed window to the rear aspect, built-in airing cupboard (housing the water tank with shelving), built-in cupboard, wall-mounted security entry-phone receiver, radiator, Amtico flooring and doors leading to; Bedroom One Double glazed window to front aspect, fitted wardrobes with mirror-fronted doors, radiator and a door leading to: En-Suite Shower Double shower cubicle with adjustable shower head and mixer-tap, pedestal wash hand basin with mixer-tap, low level WC, radiator, shaver point, extractor fan, inset spotlights, part mosaic style tiled walls and tiled flooring.
Bedroom Two Dual aspect with double glazed windows to rear and side aspects and a radiator.
Bathroom Obscure double glazed window to rear aspect, enclosed panel bath with mixer-tap and shower attachment, adjustable shower head with mixer-tap, pedestal wash hand basin with mixer-tap, radiator, shaver point, extractor fan, inset spotlights, part tiled walls and tiled flooring.
Open Plan Living Space Lounge/ Dining Area Dual aspect with double glazed French doors to the front aspect with Juliet balcony, double glazed windows to front and side aspects, two radiators and Amtico flooring.
Kitchen Area Double glazed window to side aspect, single sink and drainer with mixer-tap inset to the worktop (incorporating the breakfast bar), range of high-gloss wall and floor mounted matching cupboards and drawers with underlighting (housing the Worcester boiler), integral fridge, freezer, washing machine and slimline dishwasher, built-in electric oven, four-ring gas hob with cooker hood over and Stainless Steel splashback, inset spotlights and tiled flooring.
Communal Gardens There are communal garden areas within the development. Parking The allocated parking space can be found in the car parking area with additional visitors parking available.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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
.png)
FAQ
About 3, Apprentice Drive, COLCHESTER
Explore nearby