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 work4-bedroom terraced house · CM1 3LW
Listing removedListed 293 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Introducing to the market this four bedroom property, representing an ideal refurbishment opportunity.
Located in the much favoured village of Writtle, this four bedroom family home requires a full refurbishment.
The current layout consists of lounge, separated dining room, kitchen, rear lobby, and a shower room. On the first floor, there are four bedrooms and a family bathroom.
Outside the property features a private rear garden and a detached garage.
To the front , there is hard standing for one car with the potential for a lawned arear to be converted into a formal driveway.
This home offers no onward chain, making it an ideal opportunity for buyers looking to make their mark.
RECEPTION HALL Stairs rising to first floor, door to kitchen, door to lounge LOUNGE 18'3 x 11'11 Feature fireplace, double glazed window to front aspect, sliding door to DINING ROOM 14'11 X 8'10 Radiator, double glazed window to rear aspect door to : REAR LOBBY door providing access into garden, door to : SHOWER ROOM Raised shower cubicle, low level wc, wash hand basin, window to rear aspect.
KITCHEN 13'9 x 8'9 double glazed window to front aspect. Base unit and cupboards, eye level cupboard, space suitable for appliances.
BEDROOM ONE 12'X 12' built in four door wardrobe, radiator, double glazed window to front aspect BEDROOM TWO 12'8 x 11' Built in bulkhead cupboard, radiator, double glazed to rear aspect BEDROOM THREE 8'11 x 7'8 Built in airing cupboard housing boiler, radiator, double glazed window to rear aspect.
BEDROOM FOUR 8'11 x 7'8 radiator, double glazed window to rear aspect. BATHROOM wash basin, Low level WC, bath, double glazed window to rear aspect.
EXTERIOR private rear garden GARAGE Detached garage with personal door into garden COUNCIL TAX BAND D EPC- TBC N.B Please be advised that the vendor previously made a claim on the building insurance policy for rear cracking in 2017.
A certificate of structural adequacy is available following the remedial works, and a copy can be provided upon request.
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 Millfields, Writtle, CM1
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