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 · RM16 2PA
Listing removedReduced £15k (−3.6%) on 23 JunListed 291 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Have A look at this beautiful two bedroom bungalow! Ref WD1273 A charming two-bedroom detached bungalow in the heart of North Grays, offered chain free and ideal for downsizers.
This delightful home has been thoughtfully designed to provide comfortable and practical living.
Inside, you’ll find two generously sized double bedrooms, a spacious bathroom, and a good-sized kitchen offering plenty of space for cooking and dining.
The lovely lounge is full of natural light and features French doors opening onto the rear garden, creating a seamless flow between indoor and outdoor living — perfect for relaxing or entertaining family and friends.
The property benefits from gas central heating and double glazing throughout, ensuring warmth and comfort year-round. Externally, the bungalow is equally impressive.
At the front, there is a private garden providing a welcoming setting, along with off-street parking and a garage with power, ideal for secure parking, storage, or a workshop.
The low-maintenance rear garden is a real highlight, featuring a large patio area for outdoor dining or seating, shrub borders that add colour and charm, and an outside tap for convenience.
This outdoor space is designed for ease and enjoyment, offering a peaceful retreat without the hassle of constant upkeep.
The location is particularly convenient, being close to Blackshots Leisure Centre, with excellent bus routes nearby and within easy reach of Lakeside Shopping Centre, providing a variety of shops, restaurants, and entertainment options.
Situated in a desirable and accessible area of North Grays, this bungalow combines practicality, comfort, and charm.
It’s a ready-to-move-into home that offers single-level living, ample outdoor space, and a layout that perfectly suits downsizers looking for a peaceful yet convenient location.
A truly lovely bungalow that ticks all the boxes for comfort, convenience, and lifestyle — an ideal home to move straight into and enjoy.
Guide price £435,000 - £465,000 Entrance Hall Living Room 5.6m x 4m (18'4" x 13'1") Kitchen 3m x 2.68m (9'10" x 8'9") Bedroom One 3.85m x 3m (12'7" x 9'10") Bedroom Two 3.2m x 3m (10'5" x 9'10") Bathroom 2.4m x 2.2m (7'10" x 7'2") Garage 5.85m x 2.7m (19'2" x 8'10") Rear Garden Off street parking money laundering regulations: By law, we are required to conduct anti money laundering checks on all intending sellers and purchasers and take this responsibility very seriously.
In line with hmrc guidance, our partner, MoveButler, will carry on these checks in a safe and secure way on our behalf. Once an offer has been accepted (sstc).
MoveButler will send a secure link for the biometric checks to be completed electronically. There is a non-refundable charge of £30 (inclusive of VAT) per person for these checks.
The Anti Money Laundering checks must be completed before the memorandum of sale can be sent to solicitors confirming the sale.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
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FAQ
About 16, Cherrydown, Grays
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