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 bungalow · RM7 8BE
Listing removedReduced £5k (−1.2%) on 12 OctListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• no onward chain • detached two bedroom bungalow • attached garage • off street parking • 15' kitchen/diner • 13' lounge • 51' rear garden • council tax band: C Front Of Property Off street parking.
Entrance Hall Smooth ceiling with cornice coving, radiator. Bedroom One 11'6x9'7 Smooth ceiling with cornice coving, radiator, double glazed window to flank.
Bedroom Two 10'5x5'4 Smooth ceiling with cornice coving, radiator, double glazed window to flank. Lounge 13'7x10' Smooth ceiling with cornice coving, radiator, double glazed bay window to front.
Bathroom Smooth ceiling, loft hatch, radiator, low level wc, pedestal wash hand basin with mixer tap, bath with mixer tap, wall mounted shower, extractor fan, obscure double glazed window to front, cupboard housing boiler.
Kitchen/Diner 15'8x10'9 Smooth ceiling, radiator, double glazed window to rear, double glazed door to rear, a range of eye and base level units with work surfaces over, single sink drainer unit with mixer tap, space for appliances.
Garden 51' Crazy paved patio area, laid lawn, side access. Attached Garage 13'7x8'2 Up and over door.
Buyers Information Pack Please see below the link to access the Buyers Information Pack/ta forms: A3002b08ed
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
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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 2, Essex Road, Romford
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