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 house · IG8 8QU
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £500,000-£550,000.
Via a tree lined residential turning, we are delighted to offer, with vacant possession, this charming three-bedroom, semi-detached home, brimming with potential yet ready for a modern touch.
The ground floor accommodation welcomes you with a bright entrance hall with a door leading to a through-lounge dining room, perfect for both relaxing and entertaining, while the adjacent galley kitchen leads to a utility room, providing sheltered access to the rear garden.
The first floor consists of two spacious double bedrooms and a versatile box room, ideal for a study or a single bed along with a separate Shower room.
Though the property awaits modernisation, it boasts incredible promise, with fantastic scope for expansion, subject to relevant planning consents.
Externally, the rear garden measures in excess of 60ft, beginning with paved tiered patio areas with steps descending to an area neatly laid to lawn with mature shrub borders.
There is an attached garage, equipped with power and lighting, offering versatile storage. To the front aspect, there is a block paved driveway offering parking facilities for two vehicles.
This property is located within walking distance to South Woodford station along with an array of shops and amenities along George Lane, all forms of public transport are accessible including all major road links into London via the A406 and M11.
Should schooling be a consideration, both well performing primary and secondary schools can be located close by. Early viewing is strongly recommended to fully appreciate this home’s potential.
EPC Rating: D Lounge/Dining Room (7.58m x 3.47m) Kitchen (2.55m x 2.17m) Utility Room (3.27m x 1.06m) Bedroom 1 (3.92m x 3.24m) Bedroom 2 (3.67m x 3.16m) Bedroom 3 (2.09m x 1.99m) Shower Room (2.13m x 2.07m) Garden Paved patio areas with steps descending to an area laid to lawn with a concrete path to the rear.
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 40 Portman Drive, Woodford Green
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