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 work3-bedroom flat · CM7 2AG
Sold STCReduced £10k (−4.3%) on 30 SepListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** no onward chain ** live in luxury surroundings ** top floor three bedroom apartment, offering a fully fitted kitchen with integral appliances, making a stunning first time purchase or Investment property.
Finished to a high standard throughout, the property enjoys duel aspect views over both the St Thomas and St Luke Court gardens, whilst benefitting from an allocated parking space on-site.
Just a short walk from the town centre and Station as well as offering easy access out to the A120, early viewing is strongly advised in order to avoid disappointment for what is a stunning and spacious unique apartment.
Entrance Hall Wood flooring, door to: Lounge/Diner (7.49m x 3.71m (24'7 x 12'2)) Wood flooring, Windows to front, Ceiling spotlights, two radiators.
Kitchen (4.60m x 1.75m (15'1 x 5'9)) With a range of wall and base units and roll edge work surfaces.
Integral slimline dishwasher, washer/drier, stainless steel sink unit with mixer tap and draining board and oven with four ring gas hob and extractor hood over. Wall-mounted and enclosed gas boiler.
Wood flooring, windows to rear, radiator. Inner Hall Carpet flooring, windows to front, radiator. Bedroom One (3.61m x 3.51m (11'10 x 11'6)) Carpet flooring, window to rear.
Bedroom Two (3.61m x 3.00m (11'10" x 9'10")) Carpet flooring, window to rear, radiator. Bedroom Three ((3.61m x 2.69m) ((11'10 x 8'10))) Carpet flooring, window to rear, recess storage area, radiator.
Bathroom Suite comprising low level WC with inset flush, wall-mounted wash hand basin with mixer tap and bath with mixer tap, shower attachment and glass shower screen. Tiled walls and flooring.
Chrome heated towel rail. Fitted mirror. Shaving point. Ceiling spotlights. Window to front.
Parking 1x Allocated Space Notes We are advised that this property is available leasehold with 175 year lease in place taken out on 25th March 2009 (c. 158 Years remaining).
We are also advised that current maintenance charges total approximately £3730.68 per annum with annual ground rent charges of £300.00 per annum.
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
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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 17 St Thomas Court, Old St Michaels Drive, Braintree
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