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 house · CO3 8AY
No longer listedReduced £10k (−3.6%) on 9 JulListed 211 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented and contemporary two-bedroom home, situated in the CO3 area of Colchester.
This modern property has been finished to a high standard throughout and provides well-balanced accommodation, ideal for first-time buyers, professionals or investors.
The location also offers superb access to local amenities, well-regarded schools and excellent transport links. The property is entered via a welcoming hallway that leads to a handy ground floor WC.
The main living area comprises a bright and spacious lounge, providing ample room for both relaxation and entertaining.
To the rear, a stylish fitted kitchen offers a range of units and generous workspace, with direct access to the private rear garden.
On the first floor, the landing leads to two well-proportioned bedrooms, including a principal bedroom benefiting from built in storage.
A sleek family bathroom serves the second bedroom and completes the first-floor accommodation.
Outside, the property features a low-maintenance enclosed rear garden, mainly laid with lawn with a initial decking area to provide an attractive space for seating and entertaining.
To the side, there is a driveway under carport offering parking for two cars Agents Note: An annual estate charge of £187.70 applies.
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 34, Martin Hunt Drive, Colchester
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