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 workStudio flat · CM3 5XP
Listing removedListed 383 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being sold with NO ONWARD CHAIN, this delightful one bedroom first floor apartment is the perfect purchase for first time buyers and investors alike.
Benefits included a separate fitted kitchen, lounge and bedroom. The property also has an allocated parking space and attractive communal gardens.
Ground rent £165 per annum - Service charge £1093 per annum - Tenure: Leasehold with 91 years remaining. Council tax band: A. EPC Rating D.
Accommodation - Ground Floor - Gated courtyard with keypad and telephone security system Communal Hallways - First Floor - Lounge: - 3.25m x 3.20m (10'8 x 10'6) - Kitchen: - 3.25m x 1.65m (10'8 x 5'5) - Bedroom: - 3.25m x 1.91m (10'8 x 6'3) - Three Piece Bathroom - Exterior - Allocated Parking - Communal Gardens - Agents Note & Money Laundering & Referrals AGENTS NOTE: These particulars do not constitute any part of an offer or contract.
All measurements are approximate. No responsibility is accepted as to the accuracy of these particulars or statements made by our staff concerning the above property.
We have not tested any apparatus or equipment therefore cannot verify that they are in good working order.
Any intending purchaser must satisfy themselves as to the correctness of such statements within these particulars. All negotiations to be conducted through Church and Hawes.
No enquiries have been made with the local authorities pertaining to planning permission or building regulations. Any buyer should seek verification from their legal representative or surveyor.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation and we would ask for your co-operation in order that there is no delay in agreeing a sale REFERRALS: As an integral part of the community and over many years, we have got to know the best professionals for the job.
If we recommend one to you, it will be in good faith that they will make the process as smooth as can be.
Please be aware that a some of the parties that we recommend (certainly not the majority) may on occasion pay us a referral fee up to £200.
You are under no obligation to use a third party we have recommended.
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
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
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FAQ
About Akenfield Close, South Woodham Ferrers
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