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 property · CM2 8LH
Sold STCReduced £5k (−12.5%) on 15 AugListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** asking price of £60,000 ** Situated on a well-maintained over-50s residential park home site, this one-bedroom park home offers an excellent opportunity for buyers looking to modernise and add value.
In need of renovation throughout, the property provides a blank canvas to create a comfortable and personalised living space.
The accommodation currently comprises a lounge area, kitchen, one bedroom, and bathroom, all requiring updating.
Externally, the home benefits from a small wrap-around garden, offering potential for creating a pleasant outdoor seating area.
Residents also have access to communal parking within the site’s designated car park.
The park itself provides a peaceful setting, ideal for those seeking a quieter lifestyle within a like-minded community.
Pitch fee: £193.30 per month water: £24 per month council tax band: A Entrance Via Entrance door to: Entrance Hall Doors to accommodation. Living Room 10'1 x 9'1.
Two double glazed windows to side and front, double glazed French doors to rear leading to garden, radiator, feature fireplace, smooth ceiling. Bathroom 6'1 x 3'1.
Obscure double glazed window to rear. Suite comprising: Inset bath wit4h shower attachment, pedestal wash hand basin, low level wc.
Radiaotr, vinyl flooring, complementary tiling to walls, smooth ceiling. Kitchen/Diner 9'1 x 7'1.
Double glazed windows to front and rear, range of base level units with work surfaces over, inset ink drainer unit, Hoover washing machine, Flaver oven and hob, radiator, vinyl flooring, smooth ceiling.
Bedroom 9'1 x 7'1. Double glazed window to side, range of fitted wardrobes, radiator, smooth ceiling. Exterior Wrap around garden, mainly laid to lawn, storage shed.
Parking is available in the residential car park.
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 72, Temple Grove Park, West Hanningfield
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