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 bungalow · SS5 4AX
Listing removedListed 247 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Hockley, within a stones throw of shops, mainline railway station, bus routes and walking distance to local schools, is this two bedroom semi-detached bungalow located in a quiet cul-de-sac position benefiting from having secluded rear garden and own driveway providing off-street parking.
NO ONWARD CHAIN. Council Tax Band: C. EPC Rating: tbc. Entrance Double glazed entrance door to ENTRANCE HALL Radiator.
BEDROOM ONE 13'6" x 12'5" (4.11m x 3.78m) Double glazed bay window to the front aspect. Radiators. BEDROOM TWO 11'6" x 10'2" (3.51m x 3.1m) Double glazed window to the front aspect.
Radiator. SHOWER ROOM Obscure double glazed window to the side aspect. Inset wash hand basin with vanity storage below. Double walk-in shower enclosure with thermostatic shower. Tiled floor.
Tiled walls. Towel radiator. SEPARATE WC Obscure double glazed window to the side aspect. WC with low level cistern. Tiled floor.
KITCHEN 10'7" x 9'6" (3.23m x 2.9m) Double glazed window to the side aspect. Double glazed door providing access to the side. Range of base and eye level units. Granite effect work surfaces.
Inset stainless steel sink drainer unit. Space for free standing cooker with stainless steel extractor above. Tiled splash backs. Space for washing machine. Space for fridge/freezer.
Wall mounted boiler. Storage cupboard. LOUNGE/DINER 19'8" x 12'0" (5.99m x 3.66m) Double glazed window to the side aspect. Double glazed window to the rear aspect.
Double glazed sliding patio doors providing access to rear garden. Feature fireplace with inset fire. Radiators. EXTERIOR The SECLUDED REAR GARDEN commences with patio leading to laid lawn.
Selection of mature flowers and shrubs. SHED to remain. Gate providing access to the front and spacious sideway.
The FRONT has block paved driveway providing off-street parking for at least two vehicles.
Value & comps
No previous sales on record.
Returns
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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 Meadow Way, Hockley, SS5 4
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