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 flat · DA8 1DQ
For saleReduced £20k (−9.5%) on 27 AugListed 450 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Flat 16 Francis Court, Macarthur Close, Erith We are acting in the sale of the above property and have received an offer of £195,000 on the above property.
Any interested parties must submit any higher offers in writing to the selling agent before exchange of contracts take place.
Introducing this two-bedroom flat, available for sale with no ongoing chain, presenting an exceptional opportunity for first-time buyers and investors seeking a property in a highly desirable location.
Requiring renovation, this flat offers incredible potential for those wishing to put their own stamp on a home, or for investors aiming to increase value through refurbishment.
The layout features a generous reception room that provides a welcoming space for relaxation and entertaining guests.
The property further benefits from a master bedroom and an additional double bedroom, perfectly accommodating small families, couples, or anyone in need of a flexible living arrangement.
With its own private balcony, you can enjoy outdoor space-ideal for morning coffee or evening unwinding, overlooking the local surroundings.
This flat boasts an EPC rating of C and falls under council tax band C, ensuring manageable ongoing costs.
The location is particularly attractive, with excellent public transport links nearby, simplifying commutes and journeys throughout the area.
Residents will also appreciate the close proximity to a variety of local amenities and green spaces, offering both convenience and opportunities for leisure right on your doorstep.
This home offers the perfect blend of lifestyle and potential for value enhancement.
Don’t miss the chance to view this property, which stands as a promising investment or a fantastic first step onto the property ladder in a well-connected and vibrant neighbourhood.
Early viewing is highly recommended.
Tenure - Leasehold EPC Rating - C Council Tax - Band C Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
NHE250320/8 Lounge (6.27m x 3.07m) Kitchen (2.54m x 2.5m) Bedroom (4.4m x 2.84m) Bedroom (4.14m x 2.62m)
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
.png)
FAQ
About Flat 16, Francis Court,, Macarthur Close, Erith
Explore nearby