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 · RM3 9NX
Listing removedListed 202 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Council tax band: B Tenure years left: 55 Annual ground rent: 150.00 Annual service charge: 1500.00 **Please Note Cash Purchasers Only** due to short lease 55 years remain situated in A cul-de-sac location overlooking central park to the rear, centrally located for local shops, bus services and the A12 and M25 plus easy access to romford town centre is this one bedroom first floor flat benefitting from A fitted kitchen, good" sized lounge and Double glazed windows offered with vacant possession Outer Hall: Communal hall with stairs to the first floor, entry phone Lounge: 6.2m x 2.92m max Double glazed window to rear and side, radiator, entry phone, Kitchen: 3.00m x 1.99m Double glazed window to side, fitted base and wall units with built-in gas hob and electric oven, single drainer sink, laminated rolled top work surfaces and breakfast bar, tiled splash backs, radiator.
Bedroom: 3.83m x 2.91m Double glazed window to side, radiator Bathroom : A white panelled bath with electric shower, wash hand basin and low level w.c.
Tiled walls, extractor fan, radiator We have not tested any apparatus, equipment, fittings or services and so can not verify they are in working order.
The buyer is advised to obtain verification from their solicitor or surveyor. Items shown in any photographs are not included unless specified separately.
They may not be included if an offer is accepted. Please check at the time of submitting your offer which items are to remain.
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
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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 19 Harkness Close, Harold Hill
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