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 · CO7 0DG
Listing removedListed 397 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cash Buyers or low loan to value buyers only guide price £135,000 to £140,000 due to construction and age of property.
A cosy and charming end terrace cottage in this brilliant position within easy reach of Brightlingsea's town centre and the waterside.
Need a touch of updating but offering living space, kitchen, bathroom, two bedrooms and private garden. Offered for sale with no onward chain and with part timber frame construction.
Lounge/Diner 12' 1" x 10' 11" (3.68m x 3.33m) Window to front, radiator, wood effect flooring, feature fireplace and doorway to.
Kitchen 9' 4" x 8' 2" (2.84m x 2.49m) Window to rear, understairs storage cupboard, tiled floor, a range of fitted units with worktops over, inset sink, matching eye level units, space for cooker, spaces for further appliances, door to lobby.
Lobby Door to garden, door tot bathroom, stairs to first floor and radiator.
Bathroom Obscure window to rear, panel bath with shower attachment, close coupled WC, pedestal wash hand basin, tiled walls. Half Landing With doors to.
Bedroom 1 12' 1" x 10' 11" (3.68m x 3.33m) Window to front, radiator, loft access. Bedroom 2 9' 3" x 8' 0" (2.82m x 2.44m) Window to rear, fitted airing cupboard, fitted over stairs cupboard.
Rear Garden Mainly laid to artificial grass, planted borders, garden shed, gated side access.
Agents Note The property has been surveyed during a previous sale and we can confirm the property is timber framed and would only suit cash buyers or clients with low loan to value terms, all clients will require substantiation of funds prior to viewings.
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 16, Francis Street, Colchester
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