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 bungalow · RM12 4JB
For saleReduced £25k (−5.3%) on 6 AugListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming 2-Bedroom Bungalow with Study, Spacious Garden & Excellent Potential Situated in a highly sought-after location, this well-presented two-bedroom bungalow offers comfortable, move-in-ready accommodation with the added benefit of a versatile study room, ideal for home working or additional living space.
The property boasts a generous rear garden, providing plenty of outdoor space for entertaining, gardening, or future enhancement.
Inside, the home is bright and spacious throughout, offering buyers the opportunity to enjoy immediately while still benefiting from excellent scope to modernise, extend, or personalise (subject to the necessary consents).
Further features include a private driveway providing off-street parking and a superb location within easy reach of local amenities and close to the station, making it ideal for commuters.
**This property is being sold on behalf of a corporate client. It is marketed subject to obtaining the grant of probate and must remain on the market until contracts are exchanged.
As part of a deceased's estate it may not be possible to provide answers to the standard property questionnaire.
Please refer to the agent before viewing if you feel this may affect your buying decision.** **Please note that any services, heating system or appliances have not been tested, and no warranty can be given or implied as to their working order.
**
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
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FAQ
About 22, Victor Gardens, Essex
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