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 · CM8 1FA
Sold STCReduced £20k (−11.1%) on 19 MarListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £160,000 - £170,000 Ground Floor Gem! Looking for your ideal first home or investment opportunity? This two bedroom ground floor apartment on Tucker Drive could be the perfect choice.
This inviting apartment offers a bright and airy lounge/diner for relaxing or entertaining.
The separate kitchen is ideal for preparing meals, while the two comfortable bedrooms with built-in wardrobes provide ample space for rest and relaxation. A wet room completes the living space.
Outside, you'll benefit from a garage for parking or additional storage.
The property is located just a short walk from Witham Town Centre, local schools, and amenities, as well as Witham Leisure Centre for fitness and recreation.
If you commute, there is easy access to Witham Mainline Station and the A12. Don’t miss out – arrange your viewing today!
Entrance Hall Lounge / Diner 13'11" x 13'6" (4.24m x 4.11m) Kitchen 7'7" x 7'1" (2.31m x 2.16m) Bedroom One 13'11" x 8'11" (4.24m x 2.72m) Bedroom Two 9'6" x 8'9" (2.9m x 2.67m) Wet Room 7'4" x 5'5" (2.24m x 1.65m) Parking Garage Agents Note Council Tax Band: B Lease Length: 102 years approx.
The seller has advised the following information regarding the property – Annual Service Charge: £1,721 approx. Annual Ground Rent: £200 approx.
Ground Rent Review Period: TBC Utilities connected to the property: Mains electric, Mains drainage, Mains water, Mains gas Is the water metered?: Yes Heating system & fuel: Gas Broadband: Yes Consistent mobile signal: Yes - 4G/5G Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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.
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FAQ
About Tucker Drive, Witham
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