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 · E4 9AD
For saleReduced £68k (−29.8%) on 26 OctListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground floor apartment | Lockwood Place, E4 9AD | 477 Sq Ft | Renovation Project Summary: Offered for sale in unmodernised condition, this one-bedroom apartment in Lockwood Place presents clear scope for value enhancement within the E4 postcode.
Accommodation: The property comprises entrance via communal hallway, open-plan reception and kitchen with French doors to rear garden, one double bedroom with fitted wardrobes, and a bathroom with three-piece suite.
Electric heating throughout; no gas supply to the building.
Lease: 177 years remaining | Service Charge: TBC | Ground Rent: TBC | EPC Rating: C Condition: Refurbishment required throughout — incoming purchasers have full flexibility over finishes and specification.
Sold as seen. All services and appliances have not been and will not be tested.
Location: Lockwood Place benefits from proximity to Highams Park station within 0.7 miles, providing Overground services to Liverpool Street (25 minutes) and Stratford.
Suited to Investors or owner-occupiers seeking value-add potential through improvement works.
We are required by law to conduct anti-money laundering checks on all those selling or buying a property as prescribed by the Money Laundering Regulations 2017.
The initial checks are carried out on our behalf by Coadjute who will contact you once an offer has been provisionally accepted on a property you wish to buy. The cost of these checks is £80 (excl.
VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you and the checks must be completed before issuing a memorandum of sale.
We will receive some of the fee taken by Coadjute to cover our costs in our role in the provision of these checks.
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 Lockwood Place, E4
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