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 terraced house · SS12 9FE
Sold STCListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the ever-popular Wick Meadows development, this well-presented two bedroom mid-terrace home is offered to the market chain free, making it an ideal purchase for first-time buyers, investors or those looking to downsize.
The property offers bright and well-proportioned accommodation throughout, beginning with a welcoming entrance leading into a spacious lounge, perfect for both relaxing and entertaining.
To the rear, the fitted kitchen provides ample storage and workspace, with access overlooking the private rear garden.
Upstairs, the property benefits from two good-sized bedrooms and a 3 piece bathroom.
The home has been well maintained and offers excellent potential for buyers wishing to put their own stamp on the property.
Externally, the rear garden provides a pleasant outdoor space with room for seating and entertaining, while the property further benefits from allocated parking at the front.
Melville Drive is conveniently positioned within easy reach of Wickford town centre and mainline railway station, offering direct services into London Liverpool Street, making it ideal for commuters.
Local schools, parks, shops and other everyday amenities are also nearby, adding to the property’s appeal.
Porch - Living Room - Kitchen Dining Area - Landing - Bedroom 1 - Bedroom 2 - Bathroom - Landscaped Rear Garden - Off Street Parking -
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 Melville Drive, Wickford
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