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 · IG7 6NX
For saleReduced £150k (−11.1%) on 25 OctListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
****** OPEN DAY LAUNCH - SATURDAY 4TH APRIL - VIEWING BY APPOINTMENT ****** Novella – Where Lifestyle Meets Convenience.
A boutique development of just 35 beautifully crafted one and two-bedroom apartments, ideally positioned directly opposite Chigwell Central Line Station, offering exceptional connectivity into Central London.
Built to a high specification throughout, each home has been carefully designed to deliver a refined and contemporary living environment, combining quality finishes with practical, modern layouts.
Upon arrival, residents are welcomed by an impressive entrance lobby with generous ceiling heights, setting the tone for the stylish homes within.
The development offers a diverse range of apartments, from well-appointed one-bedroom homes to spacious two-bedroom residences and impressive penthouses, catering to a variety of lifestyles.
All apartments benefit from private outdoor space, with many enjoying pleasant views across nearby green spaces or towards the London skyline.
Interiors are thoughtfully arranged, with open-plan living areas, sleek kitchens, and well-proportioned bedrooms designed for both comfort and functionality.
The penthouses offer particularly impressive accommodation, with expansive living areas ideal for entertaining, large terraces, and elevated views.
Principal bedrooms are complemented by en-suite facilities and generous storage, creating a sense of luxury and space throughout.
Perfectly located, residents have a wide selection of amenities within easy reach, including local cafés, restaurants, and boutique shops.
The area also offers access to a number of well-regarded schools, along with leisure facilities and open green spaces, including the nearby Epping Forest and Chigwell Golf Course.
Combining a sought-after location with high-quality design and excellent transport links, this development presents an outstanding opportunity for both owner-occupiers and investors alike.
IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales 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.
Any 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 measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. LLO260042/1
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.
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FAQ
About Novella Apartments, High Road, Chigwell, IG7
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