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 · SE28 8SQ
Sold STCListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Notice Of Offer Property Address:95 Redbourne Drive, London, SE28 8SQ We advise that an offer has been made for the above property in the sum of £205,000.
Any persons wishing to increase on this offer should notify the agents of their best offer prior to exchange of contracts.
Agents Address:124-126 Plumstead Common Road, SE18 2UL Agents Telephone Number: Situated in a modern block is this 2 double bedroom 1st floor apartment.
This property has a fitted kitchen, a modern fully tiled bathroom, and double glazing. The property also has electric heating, an entry phone system, and an allocated parking space.
This property will be offered with vacant possession. ENTRANCE HALL Door to front. Electric heater. Vinyl floor tiles. Entry phone. Airing cupboard housing hot water cylinder.
LOUNGE 16' 6" x 13' 1" narrowing to 11' (5.03m x 3.99m) Double glazed French door to rear. Double glazed bay window to side. Double glazed window to side. Electric heater. Vinyl floor tiles.
KITCHEN 9' 3" x 5' 4" (2.82m x 1.63m) Wall and base units with work surface over. Stainless steel sink with drainer unit. Tile splash back. Plumbed for washing machine. Oven hob and extractor fan.
BEDROOM ONE 10' 9" x 10' (3.28m x 3.05m) Double glazed window to rear. Electric heater. Vinyl floor tiles. Coving. Built in wardrobe.
BEDROOM TWO 10' 2" x 9' 10" (3.1m x 3m) Double glazed window to side. Electric heater. Vinyl floor tiles. BATHROOM Electric towel rail. Tiles walls and floor. Extractor fan.
Suite comprising: paneled bath with mixer shower attachment. Low level flush W.C. Wash hand basin with cupboard underneath.
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
FAQ
About 95, Redbourne Drive, London
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