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 flat · RM19 1LF
Sold STCListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE - £170,000 - £190,000 Set on the first floor of a well-maintained development, this bright and beautifully presented one bedroom flat on Caspian Way offers stylish, low-maintenance living and comes to the market with the huge bonus of no onward chain — meaning you could be moving in sooner than you think.
Perfectly positioned just 0.2 miles from Purfleet train station, this home is a dream for commuters or anyone who likes the idea of London within easy reach while still enjoying a calmer riverside setting.
Step inside and you are welcomed by an inviting entrance hallway with a secure intercom entry system, setting the tone for the well-kept accommodation beyond.
The generous lounge is a fantastic space to relax, entertain or simply unwind after a long day, complete with a charming Juliette balcony that allows natural light to pour in and brings a lovely sense of openness to the room.
The well-appointed kitchen offers plenty of storage and workspace — ideal whether you are preparing a quick midweek dinner or showing off your culinary skills at the weekend.
The property also features a beautiful bathroom finished to a high standard, along with a good-sized bedroom that provides a calm and comfortable retreat at the end of the day.
Outside, the development benefits from numbered parking space, taking the stress out of finding a space when you get home.
Adding even more appeal, the property is sold with a long lease of approximately 103 years remaining, giving the next owner plenty of reassurance and long-term security.
Whether you're a first-time buyer looking to get onto the property ladder, an investor searching for a smart addition to your portfolio, or a commuter wanting convenience without compromise, this fantastic flat ticks all the right boxes.
A smart home, a great location and no chain — what’s not to love?
Area Guide – Purfleet Situated along the banks of the River Thames, Purfleet is an increasingly popular location for buyers seeking a balance between peaceful surroundings and excellent transport connections into London.
With ongoing regeneration and investment in the area, Purfleet continues to attract first-time buyers, professionals and investors alike.
One of the area’s biggest advantages is its superb connectivity.
Purfleet railway station provides regular services into central London, making commuting straightforward, while the nearby London is easily accessible in under an hour.
Road users also benefit from convenient access to the A13, linking the area with East London, the M25 and the wider motorway network.
Locally, residents enjoy a growing selection of shops, cafés and everyday amenities, alongside riverside walks and open green spaces that give the area a relaxed, community feel.
The nearby Thames riverside paths provide pleasant routes for walking, cycling or simply enjoying the scenery.
With its strong transport links, improving amenities and attractive riverside setting, Purfleet offers excellent value and a lifestyle that blends city accessibility with suburban comfort.
THE SMALL PRINT: Material Information: Approximate Service Charge:: £884.12 Approximate Annual Ground Rent: £230.26 We’ve done our homework, but we aren’t fortune tellers.
We haven’t poked the boiler, flicked the switches, or tested every light bulb.
Nothing here counts as a contract or statement of fact—get your solicitor to check all the serious stuff, like tenure, parking, planning permission, building regs, and all that jazz! Measurements?
Guides only. Floorplans? Handy, but not perfectly to scale. Travelling far? Call first—clarification is free, petrol is not.
We may receive a referral fee if you choose to use third-party services we recommend, such as conveyancers, mortgage advisers, or EPC providers, but you are under no obligation to do so.
AML Checks - Law says we must run one. £96 including VAT per buyer. Tiny toll, big compliance. Buyer Reservation Fee - Offer accepted? Pay a reservation fee (min £1,000) to lock it in.
VIP pass to the property, protects against gazumping. Complete the sale? Fee refunded. Things go sideways? Sometimes non-refundable.
Head to our website for full details – or skip the scrolling and just call.
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

FAQ
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