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 flat · RM7 0YL
For saleReduced £25k (−8.3%) on 18 JulListed 279 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Very large (86 sqm) Split level first floor flat above offices. Huge kitchen diner, large lounge.Three bedrooms and first floor bathroom. Gas central heating, immaculate condition.
Nice roof terrace, and garage in block. No chain. 131 years lease. Guide Price £325,000-£350,000 Hallway Stairs to first floor.
Kitchen Diner (3.66m x 3.66m (12 x 12)) Window to front, range of fitted base and wall units, integrated appliances including American style fridge/freezer, cupboard with boiler.
Lounge (5.49m x 3.66m (18 x 12)) Two windows to rear, two radiators. Landing First Floor Cupboard. Bedroom One (3.66m x 3.05m (12 x 10)) Window to front, fitted wardrobes.
Bedroom Two (3.05m x 3.05m (10 x 10)) Fitted wardrobes. Bedroom Three (2.36m x 2.36m (7'9 x 7'9)) Fitted wardrobes/desk unit.
Bathroom/Wc Low level wc, pedestal wash hand basin with mixer tap, corner bath with wall mounted shower, radiator. Exterior Nice roof terrace, garage in block.
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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.
Short-let restrictions apply
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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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 6A, Great Cullings, Romford
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