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 house · CM8 2FY
For saleReduced £25k (−7.7%) on 17 OctListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** guide price: £325,000 - £350,000 **** Situated in a highly convenient location within easy reach of Witham High Street, this modern two-bedroom detached residence offers well-presented accommodation ideally suited to first-time buyers, professional couples, small families, or those looking to downsize.
The property enjoys excellent access to a range of local shops, amenities, transport links, reputable schools, and public parks, combining everyday practicality with comfortable modern living.
Upon entering the property, you are welcomed by an entrance hall with stairs rising to the first floor and a convenient downstairs cloakroom.
Positioned at the front of the home is a modern fitted kitchen, thoughtfully designed with an integrated gas hob and oven, alongside space for a dishwasher, washing machine, and fridge freezer.
To the rear, the bright and airy lounge diner provides an excellent space for both relaxing and entertaining, benefiting from useful understairs storage and French doors opening directly onto the rear garden, allowing an abundance of natural light to flow throughout the room.
The first-floor accommodation comprises two generously sized double bedrooms and a family bathroom.
The principal bedroom further benefits from its own en-suite shower room, providing added convenience and privacy.
Externally, the property continues to impress with a fully established and well-maintained private rear garden, featuring a patio seating area, lawn, garden shed for additional storage, and side access leading to the driveway.
To the side of the property, a driveway provides valuable off-road parking for two vehicles.
Offering modern accommodation in a sought-after location, this attractive detached home must be viewed internally to be fully appreciated.
Palmer & Partners would strongly encourage early viewing to avoid disappointment.
Entrance Hall Donwnstairs Cloakroom Kitchen 2.0 x 2.9 Lounge Diner 5.1 x 4.3 First Floor Landing Bedroom 1 3.3 x 3.2 Ensuite Shower Room Bedroom 2 2.8 x 4.3 Family Bathroom
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 23, Driver Way, Essex
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