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 · RM12 4DN
For saleReduced £10k (−5.3%) on 6 FebListed 523 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled on Grenfell Avenue in the charming area of Hornchurch, this delightful one-bedroom ground floor flat presents an excellent opportunity for both first-time buyers and savvy investors.
The property boasts a well-proportioned reception room, perfect for relaxation or entertaining guests, alongside a comfortable bedroom that offers a peaceful retreat.
The bathroom is conveniently located, ensuring ease of access. With a lease of 116 years, this flat provides a sense of security and longevity for its future occupants.
The allocated parking space for one vehicle adds to the convenience, making it an ideal choice for those who require easy access to their car.
Situated in a location that allows for a straightforward commute to Queens Hospital, this property is particularly appealing for healthcare professionals or anyone seeking proximity to essential services.
The surrounding area of Hornchurch is known for its vibrant community and excellent amenities, making it a desirable place to live.
In summary, this charming flat on Grenfell Avenue is not only a great investment opportunity but also a perfect first home for those looking to step onto the property ladder.
With its practical features and prime location, it is sure to attract interest from a variety of buyers.
Communal Entrance - Ground floor flat Open Plan Kitchen - Living Room - 4.85m x 3.06m (15'10" x 10'0") - Range of wall and base units. Sink. Built-in fridge - freezer and washing machine.
Tiled flooring. Radiator. Double glazed window. Door to bedroom and bathroom. Bedroom - 3.58m x 2.75m (11'8" x 9'0" ) - Double glazed window. Carpeted flooring. Radiator.
Bathroom - 2.15m x 1.66m (7'0" x 5'5") - Tiled panel bath. Wash hand basin. Low level toilet. Tiled floor to ceiling. Towel heater. Parking - Allocated parking space.
Agent Note - No service or appliances have been tested by Sandra Davidson Estate Agents. NOTICE The pictures were taken before the tenant moved in.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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
Agent & docs
FAQ
About Grenfell Avenue, Hornchurch
Explore nearby
