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 · CO15 3PG
No longer listedReduced £7k (−12.7%) on 7 AugListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Over 55's retirement complex First floor floor flat.
This property is in good reach of local amenities and benefits from a communal lounge, on-site laundry, shared gardens, careline and a part-time warden.
Opening Paragraph Accommodation comprises with approximate room sizes as follows: Entrance door to: Entrance Hall Kitchen (2.13m 2.90m (7'00" 9'6")) Lounge (3.20m 3.96m (10'6" 13'00")) Bedroom One (3.20m 3.05m (10'6" 10'00")) Bathroom (2.13m 1.70m (7'00" 5'7" )) Outside Agents Note Sales Please note - Although we have not tested any of the Gas/Electrical Fixtures & Fittings, we understand them to be in good working order, however it is up to any interested party to satisfy themselves of their condition before entering into any Legal Contract.
Aml Anti-money laundering regulations 2017 - In order to comply with regulations, prospective purchasers will be asked to produce photographic identification and proof of residence documentation once entering into negotiations for a property.
Material Information Council Tax Band: A Heating: Electric Services: Mains Electrics & Drainage Broadband: Ultrafast Mobile Coverage: Good Construction: Conventional Restrictions: Over 55s Rights & Easements: No Flood Risk: Low Additional Charges: Service Charge & Ground Rent Seller’s Position: No Onward Chain
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
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FAQ
About 7, East Haven, Clacton-On-Sea
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