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 detached house · RM16 4UN
Sold STCListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
--GUIDE PRICE--£485,000-£495,000--Offered for sale with no onward chain is this attractive and extremely spacious 2 double bedroom detached bungalow.
Benefits include a lounge, dining room (potential to convert to 3rd bedroom), impressive kitchen, shower room, garage, driveway and a 60ft rear garden.
Entrance Hall ; Approached via opaque double glazed door to front with adjoining double glazed full length windows to front. Fitted storage cupboard. Alarm panel. Coved ceiling. Tiled floor. Radiator.
Bedroom 1 ; 14'2 (max) x 13'1 Double glazed bay window to front. Range of fitted wardrobes with matching chests of drawers. Coved ceiling. Radiator.
Bedroom 2 ; 10'9 x 9'11 Double glazed window to rear. Coved ceiling. Radiator. Shower Room ; 8'7 x 8'2 Two opaque double glazed windows to flank. Shower cubicle. Wash hand basin. Low level w.c.
Access to loft. Heated towel rail. Tiled floor. Tiled walls. Spot lights. Extractor fan. Dining Room ; 8'7 x 8'2 Double glazed window to front. Opaque double glazed windows to flank. Coved ceiling.
Radiator. Access to; Lounge ; 18'10 x 10'2 Double glazed double doors leading to rear garden with adjoining double glazed full length windows. Feature fireplace with inset fire.
Wall mounted air conditioning unit. Wooden Parque flooring. Coved ceiling. Radiator. Fitted Kitchen ; 22'11 x 9'2 Double glazed door leading to rear garden. Double glazed windows to rear and flank.
Range of fitted units with sink unit and drainer. Oven hob and extractor fan. Breakfast bar. Integrated dishwasher, washing machine and tumble dryer. American style fridge / freezer to remain.
Spot lights. Two radiators. Part tiled walls. Front Garden ; Brick block driveway with parking for numerous cars. Side access. Garage ; 22'1 x 8'1 Electric roller door. Power and light.
Door leading to rear garden. Rear Garden ; 60ft x 40ft Decking and patio area. Laid to lawn with flower and shrub borders. Fish pond. Two large storage sheds. Side access. Door to garage.
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
FAQ
About CHERRY WALK, Orsett Heath
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