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 work3-bedroom semi-detached house · RM7 0XB
Sold STCListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• THIS PROPERTY IS SOLD STC & HAS BEEN RESERVED WITH BALGORES SECURE • ***GUIDE PRICE £475,000-£500,000*** • THREE DOUBLE BEDROOMS • FURTHER POTENTIAL TO EXTEND SUBJECT TO PLANNING • DRIVEWAY FOR FOUR VEHICLES • GARAGE • GROUND FLOOR SHOWER ROOM • FIRST FLOOR BATHROOM • 17'2X11' KITCHEN/DINER • TWO RECEPTION ROOMS • CONVENIENTLY LOCATED FOR RUSH GREEN PRIMARY SCHOOL • COUNCIL TAX BAND: D Entrance Hall Smooth ceiling with cornice coving, radiator, obscure double glazed window to side, doors to accommodation, stairs to first floor with understairs storage.
Living Room 17'2x13'4 into bay Double glazed bay window to front, textured ceiling, two radiators.
Kitchen/diner 17'2x11' Double glazed french doors to rear, double glazed patio door to rear, part tiled flooring, Beko freezer, Logik fridge, Hotpoint double oven and grill, gas hob, plumbing for washing machine, non scratch sink with drainer unit with mixer tap over, double glazed window to rear, part tiled walls, radiator.
family room 10'5x10' Radiator, textured ceiling with cornice coving.
Shower Room 6'3x6'1 Airing cupboard housing boiler, textured ceiling with cornice coving, low level wc, wash hand basin with vanity unit under, shower cubicle, heated towel rail, extractor fan, tiled walls.
first floor landing Textured ceiling with cornice coving, doors to accommodation.
Bedroom one 13'5 into bay x 14' Textured ceiling with cornice coving, radiator, fitted wardrobes, double glazed bay window to front.
Bedroom two 10'1x10' Double glazed window to rear, textured ceiling with cornice coving, radiator.
Bedroom three 10'1x7' Smooth ceiling with cornice coving, double glazed window to rear, radiator.
Bathroom 7'5x5'9 Obscure double glazed window to side, textured ceiling, loft hatch, tiled walls, pedestal wash hand basin, low level wc, heated towel rail, panelled bath with shower attachment, fitted storage unit.
Garden 69' Decking, shed, shrub borders, patio, access to garage, patio area, outside tap, laid to lawn. front of property Driveway providing parking for four vehicles.
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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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.
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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 Philip Avenue, Romford, RM7
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