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 work2-bedroom flat · CM11 2QT
Listing removedListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* Guide Price £275,000 - £280,000 * •principal bedroom with en-suite & fitted wardrobes •allocated off street parking space •open plan lounge/diner & kitchen •low maintenance rear garden •convinent for billericay high street & mainline station (1.8 miles) •close proximity st peter's catholic primary school •coundil tax band: C Lease Remaining: 102 Years Service Charge: £90 Per Calendar Month Ground Rent: £100 Per Annum Entrance Hall Lvt flooring, smooth ceiling.
Kitchen 8'1 x 6'3 Fitted with a range of matching high gloss wall and base units with contrasting work surfaces incorporating inset sink unit, integrated Hotpoint oven and hob (Indesit) with extractor hood above, and space for additional appliances.
Lvt flooring, smooth ceiling with spotlights and open plan access to the lounge/diner.
Lounge/Diner 12'8 x 11'6 Open plan living space featuring lvt flooring, smooth ceiling with spotlights and additional light fitting.
Two double glazed windows to front provide ample natural light and space for both living and dining. Ground Floor Bedroom 6'4 x 9'3 Double glazed window to rear, fitted carpet, smooth ceiling.
Ground Floor Bathroom Enclosed bath with shower attachment, wash hand basin set within vanity unit and low level WC.
Part tiled walls, obscure double glazed window to side and smooth ceiling with spot light.
Bedroom One 13'3 x 14'8 A spacious principal bedroom featuring fitted carpet, vaulted ceiling, fitted wardrobes providing ample storage and four Velux windows.
En-suite: Comprising shower enclosure, wash hand basin and low level WC. Part tiled walls, tiled flooring and Velux window.
Rear Garden Low maintenance rear communal garden commencing with a paved patio seating area.
Buyers Information Pack Please see below a link to the Buyers Information Pack / ta Forms: A2938a8ea6bb Agents Note In accordance with Section 21 of the Estate Agents Act 1979 we are obliged to inform all interested parties that the vendor of this property is a relative of a employee of Balgores Property Services.
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 Flat 5, Tyrrells Mews,, Tyrrells Road, Essex
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