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 work1-bedroom flat · SS11 7LJ
Listing removedListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ST LUKE’S PARK DEVELOPMENT – STYLISH TOP-FLOOR ONE-BEDROOM APARTMENT WITH LOFT SPACE, OPEN-PLAN LIVING, ALLOCATED PARKING & LONG LEASE – GUIDE PRICE £240,000–£250,000 Set within the highly sought-after St.
Luke’s Park development in Runwell, this beautifully presented top-floor apartment offers a fantastic blend of style, space and practicalityperfect for modern living.
The property welcomes you with a bright entrance hall featuring a generous built-in storage cupboard, setting the tone for the well-designed accommodation throughout.
The spacious double bedroom provides ample room for wardrobes and additional furnishings, while the contemporary bathroom is finished to a high standard, creating a sleek and relaxing space.
The true highlight of this home is the impressive open-plan living area.
Thoughtfully designed, the lounge, dining and kitchen space flows effortlessly, making it ideal for both everyday living and entertaining.
The kitchen is fitted with a full range of integrated appliances, stylish cabinetry and quality Amtico flooring, which continues seamlessly through the living space for a cohesive, modern feel.
An added bonus is the loft space, perfect for storage.
Further benefits include double glazing, gas central heating, allocated parking, a long lease and reasonable service charges, all contributing to the property’s strong appeal. Location St.
Luke’s Park is one of Wickford’s most desirable developments, known for its attractive surroundings and welcoming community.
A short drive takes you to Wickford High Street, where you’ll find a variety of shops, cafés and everyday amenities, along with Wickford railway station offering direct links to London Liverpool Street—ideal for commuters.
The area also boasts nearby green spaces, well-regarded schools and excellent road connections via the A127 and A130. Entrance Hall - Storage - Bathroom - Bedroom - Open Plan Lounge/Dining/Kitchen -
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 Baines Place, Runwell, Wickford
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