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 work1-bedroom terraced house · CM8 2YN
Sold STCListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** GUIDE PRICE £230,000 - £240,000 ** Nestled in the desirable Pennyroyal Crescent, Witham, this charming one-bedroom end-of-terrace house presents an exceptional opportunity for those seeking a comfortable and well-connected home.
This property combines practical living with superb accessibility, making it an ideal choice for first-time buyers, downsizers, or buy-to-let investors.
Upon entering, you are greeted by a welcoming reception room, which flows seamlessly into a bright and airy conservatory.
This additional space extends the living area and offers a tranquil spot to enjoy views of the private garden throughout the seasons.
The well-appointed kitchen is designed for functionality, offering ample storage and workspace.
Ascending to the first floor, you will find a generously sized double bedroom, providing a comfortable sanctuary, complemented by a modern, well-maintained bathroom.
Externally, the private garden offers a low-maintenance outdoor space, perfect for al-fresco dining.
A significant advantage is the off-road parking for multiple vehicles, a highly sought-after feature. Location is paramount, and this property excels in its connectivity.
Situated just 0.5 miles from Witham Train Station, commuters will appreciate the easy access to direct services to London Liverpool Street.
The property is also conveniently located close to local amenities, including shops and schools. Early viewing is highly recommended to fully appreciate all that this property has to offer.
Lounge 14'7" x 9'11" Entrance door, double glazed windows, stairs rising to the first floor landing, radiator, door to: Conservatory 8'1" x 10'4" Double glazed windows and French doors Kitchen 8'3" x 5'9" Double glazed window, wall and base level units, sink and drainer with mixer tap over, oven and hob, extractor fan, worktops, space for appliances First Floor Landing Storage cupboard, doors leading off Bedroom 8'4" x 16'3" Two double glazed windows, radiator Bathroom 7'1" x 6 Double glazed window, low level WC, wash hand basin, bath with shower over, radiator Parking Off road parking for multiple vehicles Agents note: Anti-Money Laundering (AML) Compliance As part of our commitment to meeting UK Anti-Money Laundering (AML) regulations, Harris + Wood are required by law to confirm the identity of all purchasers before a sale can proceed.
To make this process as straightforward as possible, we work with an independent verification service, Clearcheck, who conduct these checks on our behalf.
A small verification fee applies for each purchaser. These checks must be fully completed and verified before we are able to progress with your purchase.
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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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
FAQ
About Pennyroyal Crescent, Witham, Essex, CM8
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