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 house · CM23 5FF
Listing removedReduced £10.5k (−2.3%) on 13 AugListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Elms, 2 Churton, is a very good sized two double bedroom semi-detached house situated in this sought after small select development of just nine houses.
The accommodation is arranged over the two floors with a front entrance door into a reception hallway, with the stairs rising to the first floor, and doors leading off to a two piece downstairs cloakroom, a beautiful fully fitted kitchen with integrated appliances that opens through to the good sized sitting room to the rear with bi-folding doors leading onto the rear garden.
The first floor landing leads off to the two double bedrooms and the three piece family bathroom suite and bedroom one benefits from a three piece en-suite shower room.
Externally, the property has a driveway providing off-street parking for three/four vehicles, gated side pedestrian access leads to the rear garden that extends to approx.
40ft in depth with a sun terrace to the immediate rear of the property with the remainder of the garden mainly laid to lawn and a useful timber garden store.
The property further benefits from solid oak wood flooring to the ground floor and solar panels that produce hot water with a large storage tank in the loft. The property is offered chain free.
Agents note: There is a residences association with the nine houses, and the cost is approx. £150p.a.
Bishop’s Stortford is an historic market town lying beside the River Stort, offering a range of shopping, educational, recreational facilities and amenities including The Bishop’s Stortford College, golf club, swimming pool, hospital, arts centre, health and fitness club, theatre groups, restaurants, garages etc.
In addition, there is a mainline station providing regular services to London's Liverpool Street, and the M11 is on the eastern outskirts of the town giving access to London, M25, Cambridge and the Midlands.
Stansted Airport is about 4 miles from the town and provides an ever-increasing number of destinations.
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 2, Churton, Birchanger, Bishop's Stortford, Essex, CM23
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