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 bungalow · CM7 1EY
For saleListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** development opportunity **cash buyers only** Guide Price '195,000 An excellent freehold detached dwelling offering a prime development opportunity in a sought-after town centre location.
This established property presents a unique prospect for cash buyers looking to invest and capitalize on its potential.
Planning permission has been granted 25/01248/ful for one bedroom dwelling with a further application pending for a two storey one bedroom dwelling.
There is no current internal accommodation, the site is ideal for redevelopment.
Key Features: - Detached Dwelling - Freehold tenure - Prime town centre location - Development opportunity - Cash buyers only This property represents a rare chance to acquire a well-positioned plot within the heart of Braintree, perfect for those seeking to create a bespoke residence or commercial premises (subject to planning).
Early viewing is highly recommended to fully appreciate the scope on offer. Please contact us to arrange a viewing or for further information.
Open Plan Area (11.33m x 5.08m) Store 4.9m (4.9m) x 2.84m (2.84m) - Store
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
Agent & docs
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FAQ
About 76, St. Michaels Lane, Essex
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