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 · RM11 3DQ
Listing removedReduced £30k (−10.7%) on 20 JunListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a quiet location and just a short stroll from outstanding local schools, is this 2 bedroom, ground floor apartment.
The property benefits from a full 167-year lease, excellent transport links and a bus route into Hornchurch and Romford Town Centres.
Upon entering the property via the secure entry-phone system, you are greeted with a good sized welcoming hallway with access to all rooms.
At the rear of the property, is the spacious reception room which is decorated with a neutral palette, and has wooden flooring underfoot.
The area also provides ample space for a dining table and chairs. The well appointed fitted kitchen, comprises numerous above and below storage, ample worktop space and room for essential appliances.
Positioned on the opposite side of the property, also accessed off the hallway, are the 2 bedrooms. Each room is recently decorated with carpet flooring and ample wardrobe space.
Completing the accommodation is the stylish bathroom. Externally, the property enjoys a pleasant outlook with plentiful green space, well maintained gardens, established shrubbery and numerous trees.
There is ample, free communal parking on a first come first served basis for both residents and guests, plus free secure cycle storage spaces available.
According to the vendor: Lease Length: 167 Years Remaining. Ground Rent: £250 p.a. Service Charge: £2,281.68 p.a.
In compliance with The Money Laundering Regulations 2017, we are legally obligated to verify the identity of all prospective purchasers.
This process requires the review of valid photographic identification and an official proof of address.
Should your offer on a property marketed by Chalk Street Estates be accepted, you will be required to complete identity verification through our secure third-party provider, Blinc UK.
A non-refundable fee of £15 per purchaser is payable in advance of the verification checks.
Please note that a sale cannot be formally agreed, and a memorandum of sale cannot be issued, until all parties have provided valid identification and the verification process has been successfully completed.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 19, Warwick Close, Hornchurch
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