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 house · CO15 2HX
Sold STCListed 276 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with No Onward Chain and within convenient distance to Jaywicks seafront, this brick built one bedroom bungalow requires some cosmetic improvements but would make an ideal first time buy or buy to let investment.
Council Tax Band: A Tenure: Freehold Details with approximate only room sizes Double glazed front entrance door to Entrance Hall w: 2.24m x l: 2.13m (w: 7' 4" x l: 7' ) Airing cupboard, double glazed side window, doors to Bathroom w: 1.65m x l: 2.13m (w: 5' 5" x l: 7' ) White suite comprising of panelled bath, pedestal wash hand basin, low level WC, electric heater, tiled splash backs, double glazed front window Lounge w: 2.92m x l: 4.88m (w: 9' 7" x l: 16' ) Two double glazed side windows, doors to Kitchen w: 3.33m x l: 1.91m (w: 10' 11" x l: 6' 3") Fitted with a range of white panelled fronted units comprising rolled edge work surfaces with cupboards, drawers and appliance space below, inset sink unit with mixer tap, eye level cupboards, double glazed window and door to front Bedroom w: 3.33m x l: 2.82m (w: 10' 11" x l: 9' 3") Loft access, double glazed side window Outside To the front there is a concreted area with access to side gardens.
The property has fitted solar panels to the roof space (these have not been tested) Material Information Tenure: Freehold Council Tax Band: A Any known additional property charges: No Non-standard property features to note: No Disclosures to declare: None Gas: No Electricity: Yes Water: Connected to mains Sewerage Type: Connected to mains Broadband: Connected Mobile coverage: Yes - Please refer to checker.ofcom.org.uk Flood Risk: Surface water: Very Low Rivers and the sea: Low Groundwater: This location is outside of a groundwater flood alert area.
Reservoirs: Flooding from reservoirs is unlikely in this area. For more information visit: Reservoirs: Flooding from reservoirs is unlikely in this area.
Value & comps
No previous sales on record.
Returns
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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 Sea Way, Jaywick
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