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 semi-detached house · CM5 9LX
Sold STCListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Lea is a beautifully designed two-bedroom home, offering a perfect balance of style and practicality.
The open plan kitchen/dining/living room creates a bright and versatile space, while a convenient WC and ample storage enhance everyday living.
Upstairs, you’ll find two well-proportioned bedrooms and a modern bathroom.
Additional Information Tenure: Freehold Annual service charge amount (£): 248 Council tax band: Not made available by local authority until post-occupation Parking - Allocated Parking Room Dimensions Ground Floor Kitchen/Dining/Living room - 6.99 x 5.06 metre First Floor Bedroom 1 - 4.59 x 2.75 metre Bedroom 2 - 3.42 x 2.22 metre
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 De Lucy Place, Chelmsford Road, Ongar, Ongar, CM5 9LX
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