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 · RM5 3DS
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Guide Price £180,000 - £190,000*** • two double bedrooms • non standard construction • off street parking • separate kitchen • re-fitted family bathroom • close to major road links including the A12/M25 • close to local amenities & transport links Lease Remaining: 119 years approx.
Service Charges and Ground Rent combined: £140 approx. Per calendar month.
Council Tax Band: B Entrance Via Entrance door to: Entrance Hall Security entry phone system, storage cupboard, radiator, wood effect laminate flooring, smooth ceiling, doors to accommodation.
Living Room 14'7 x 12'2. Double glazed windows to rear and side, radiator, wood effect laminate flooring, smooth ceiling. Kitchen 9'7 x 7'7.
Double glazed window to rear, range of base level units with work surfaces over, inset stainless steel sink drainer unit with mixer tap, Indesit washing machine, space for fridge/freezer and cooker, range of matching eye level cupboards, wall mounted boiler, wood effect laminate flooring, complementary tiled splash backs, smooth ceiling.
Bedroom One 12'2 x 10'9. Double glazed window to rear, radiator, smooth ceiling. Bedroom Two 11' x 10'. Double glazed window to side, built-in wardrobes, radiator, smooth ceiling.
Family Bathroom/wc 6'1 x 5'6. Obscure double glazed window to side. Suite comprising: Panelled bath with shower attachment, Pedestal wash hand basin, low level wc.
Radiator, wood effect laminate flooring, textured ceiling. Exterior Residents parking. Communal gardens.
Buyers Information Pack Please see below the link to access the Buyers Information Pack/ta forms: Ad
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 Prospect Place, Collier Row
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