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 work3-bedroom terraced house · CM24 8FL
Listing removedListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property Modern 3-Bedroom Home in a peaceful Stansted Cul-de-Sac. Welcome to Grey Close, a stylish and spacious family home perfectly positioned in a quiet cul-de-sac in Stansted.
With a generous total floor area of approximately 104.3 sq. m (1,122 sq.
ft), this property combines contemporary design with practical living spaces, making it ideal for families or professionals seeking comfort and convenience.
Ground Floor Step inside to a welcoming hallway that leads into the heart of the home – a bright and open-plan kitchen/lounge/diner.
This versatile space with modern kitchen offers plenty of room for cooking, dining, and relaxing.
French doors open to the garden, flooding the room with natural light and creating a seamless indoor-outdoor flow.
A utility area provides additional storage and laundry space, while a ground-floor WC adds everyday practicality.
The property also benefits from an integral garage (5.80m x 3.10m), ideal for secure parking or conversion into a home office or gym. There is additional on street parking at the front of the house.
First Floor Upstairs, you’ll find three well-proportioned bedrooms: Bedroom 1 (5.80m x 3.10m) – a spacious principal suite with ample storage with built in wardrobes and its own modern en-suite shower room, offering privacy and comfort.
Bedroom 2 (4.60m x 3.80m) – a generous double bedroom, perfect for family or guests Bedroom 3 (3.40m x 2.60m) – an ideal child’s room, study, or hobby space.
A stylish family bathroom completes the first floor, designed with contemporary fittings for a sleek finish. Outside there is a landscaped garden ideal for outside entertaining.
This property offers the perfect blend of modern comfort and practical design in a sought-after location within 10 minutes walk of Stansted Mountfitchet train station with train links to London Liverpool Street and Cambridge.
Whether you’re looking for a family home or a stylish base with excellent transport links, this property ticks all the boxes.
Location Nestled in the thriving village of Stansted Mountfitchet, Grey Close offers the perfect blend of rustic charm, excellent connectivity, and community spirit.
Situated in the CM24 8FL postcode, within the Stansted South & Birchanger ward of Uttlesford, Essex.
Only a short walk (around 500-800 yards) from Stansted Mountfitchet railway station, with regular mainline services into London Liverpool Street or Cambridge in under an hour.
London Stansted Airport lies just 2 miles away, offering quick access to national and international air travel.
The historic High Street is lined with a welcoming mix of independent shops, cafés, and traditional pubs.
Heritage attractions like Mountfitchet Castle and an operational village windmill enhance the local character and offer community events.
Outdoor enthusiasts will appreciate Bentfield Green and the village recreation ground - perfect for leisurely walks, sports, and picnics. The nearby countryside has numerous public footpaths.
Ideal for families, with several well-regarded local schools: Bentfield Primary School, St Mary’s C of E Foundation Primary, and Magna Carta Primary Academy - all rated Good by Ofsted.
Secondary education is served locally by Forest Hall School (formerly Stansted High School) and nearby Birchwood High School, rated Good.
A welcoming and tight-knit community, Stansted hosts an annual carnival, Christmas Fayre, and numerous clubs and societies - a testament to its vibrant village spirit.
The combination of historic charm, rolling countryside, and community events creates a peaceful yet active environment perfect for family life.
Grey Close is a small modern cul-de-sac of around seven homes. The area is peaceful and family-friendly with well-maintained surroundings.
Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as 'draft'.
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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
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FAQ
About Grey Close, Stansted, CM24
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