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 · CM8 1YH
For saleListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ONE BEDROOM TOP FLOOR RETIREMENT FLAT FOR OVER 55 YEARS OLD! THIS PROPERTY HAS BEEN MODERNISED & BOASTS AN OPEN PLAN STYLE LIVING ROOM/KITCHEN, MODERN SHOWER ROOM!
THE PROPERTY IS ACCESSIBLE VIA A LIFT AND ALL INTERESTED PARTIES SHOULD CONTACT WITSELL TO VIEW COMMUNAL ENTRANCE DOOR:- Communal lift gives access to second floor, leads to:- ENTRANCE DOOR:- Leading to:- HALL:- Security telephone unit, door leading to extra large storage cupboard, doors leading to:- LIVING ROOM:- Double glazed window to front, storage heater, coved and textured ceilings, open leading to KITCHEN:- Double glazed window to front, single bowl sink unit with mixer tap, incorporating worktop surface with cupboards and drawers under, fitted range of wall mounted units, tiled splashback, extractor hood over, space for domestic appliances BEDROOM:- Double glazed window to front, wall mounted heater, built-in wardrobe SHOWER ROOM:- Walk in shower cubicle, low-level WC, pedestal hand wash basin with mixer tap, tiled walls, AGENTS NOTE:- This property is for residents at minimum age of 55 years old.
Consumer Protection from Unfair Trading Regulations 2008 and the Business Protection from Misleading Market Regulations 2008: WitLet Limited t/a WitSell has made every attempt to ensure that clients are treated appropriately providing accurate detail information within the law.
We advise as agents that any potential client must verify to the working order of any apparatus, fixture and fitting or service amenities to be verified to be in full working order, also to check with your legal representation that there is no additional charges that are payable within the purchase of this property.
Any intending purchaser must satisfy him/herself as to the correctness of such statements within these particulars. All negotiations to be conducted through WitSell.
No enquiries have been made with the local authorities pertaining to planning permission or building regulations. Any buyer should seek verification from their legal representative/surveyor.
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
FAQ
About Mill Vale Lodge, Witham
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