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 · SS16 5GJ
Sold STCReduced £10k (−5.1%) on 14 OctListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• two bedrooms • second floor flat • lift access • two bathrooms • communal roof terrace • two allocated parking spaces • communal gardens Lease Remaining: 107 years approx.
Service Charges: £1,700 per annum. Ground Rent: £365.00 bi-annually. Council Tax Band: B Entrance Via Communal entrance to: Communal Hall Stairs and lift to all floors.
Own Entrance Door To Entrance Hall 16'10 x 7'10 max. Storage cupboard, doors to accommodation. Bedroom One 15'3 x 9'6 max.
Double glazed window to rear, fitted wardrobe, wood effect flooring, smooth ceiling. Bedroom Two 13'8 x 9'10. Double glazed window to side, wood effect flooring, smooth ceiling.
Lounge/Diner/Kitchen 16'1 x 13'8. Double glazed window to side, double glazed sliding patio doors to rear leading to Juliette balcony, wood effect flooring, smooth ceiling.
Kitchen area: Range of base level units and drawers with work surfaces over and matching upstands, inset stainless steel one and a half sink drainer unit with mixer tap, integrated oven and electric hob with stainless steel extractor hood over, space for further appliances, range of matching eye leave cupboards.
Family Bathroom/wc Suite comprising: Panelled bath with glazed shower screen, inset mixer tap and wall mounted shower, wall mounted wash hand basin with mixer tap, integrated wc with push flush.
Tiled flooring, complementary tiling to walls, smooth ceiling with inset spotlights. Exterior Roof terrace with seating and shrub borders. Communal gardens.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
.png){kind=logo}
FAQ
About 53, Cherrydown East, Essex
Explore nearby
