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 flat · RM11 3UL
Listing removedListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Deemed an ideal first time purchase, this beautiful one-bedroom ground floor apartment is perfectly located within close proximity of Hornchurch Town Centre and offers an exceptional opportunity for those seeking a convenient starter home.
Upon entering the property, you are greeted with an entrance that leads through . The spacious reception room is measures 14’7 x 10’7 and easily accommodates a table and chairs for dining purposes.
Opening onto the kitchen there are worktops to three sides, a breakfast bar, numerous wall and base units and space for essential appliances.
Accessed off the hallway, there is a well proportioned bedroom enjoying fitted wardrobes. Completing the internal layout is the bathroom appointed with W/C, hand basin and bath with shower overhead.
Externally, the property enjoys access to the well maintained communal grounds whilst the apartment also benefits from its own garage en bloc. Parking is available on a permit basis.
Viewing is highly recommended to appreciate what this home has to offer. According to the vendor: Lease Length: 87 Years Remaining. Ground Rent: £250 P.A. Service Charge: £400 P.A.
Bi-Annual Payment for Redecoration: £75 In compliance with The Money Laundering Regulations 2017, we are legally obligated to verify the identity of all prospective purchasers.
This process requires the review of valid photographic identification and an official proof of address.
Should your offer on a property marketed by Chalk Street Estates be accepted, you will be required to complete identity verification through our secure third-party provider, Blinc UK.
A non-refundable fee of £15 per purchaser is payable in advance of the verification checks.
Please note that a sale cannot be formally agreed, and a memorandum of sale cannot be issued, until all parties have provided valid identification and the verification process has been successfully completed.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 37, Brendans Close, Hornchurch
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