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 house · CM3 5WQ
Listing removedListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within walking distance to the town centre amenities is this one bedroom house. This house benefits with a newly fitted kitchen and bathroom and a lounge and bedroom.
Externally there is a separate rear garden. To the rear there is allocated parking for two vehicles. Front Of The Property Laid to lawn with picket fence, outside tap and power.
Allocated parking for two vehicles at the rear.
Entrance Hall Entrance via composite entrance door to entrance hall, wood laminate flooring, stairs to first floor, obscure UPVC double glazed fixed window to front, doors to kitchen Kitchen 7'1x5'9 UPVC double glazed window to side, range of base level units and drawers with roll top work surfaces over, inset one and half sink and drainer unit with mixer tap, built in Logik oven with Cooke and Lewis gas hob with black extractor hood over, space for washing machine, range of matching eye level units, Victorian style tiled floor, tiling to walls Lounge 12'3x11'10 UPVC double glazed window to side, wood laminate flooring, radiator, under stairs storage cupboard Landing Loft access (boarded) access housing combi boiler, radiator Bedroom 13'1x8 UPVC double glazed window to side, radiator, wood laminate flooring, built in wardrobe (no door), further built in wardrobe Bathroom 6'1x5'9 Obscure double glazed window to side, white suite comprising of panelled bath with black rain head shower over, mixer tap shower attachment, vanity unit with inset wash hand basin with cupboard under, low level w/c, tiling to walls, tiled flooring Garden Mainly laid to lawn, raised deck patio area, slate chipped edging, bark area, shed to remain, flower and shrub boarders Buyers Information Pack Please see below a link to the Buyers Information Pack / ta Forms:https://res.gazeal.co.uk/#/bip-docs?appuid= a059cffb
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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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 20, Spencer Court, Chelmsford
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