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 · IG10 1ER
For saleReduced £50k (−7.7%) on 25 OctListed 285 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Exclusively built in 2016 for the over 55s, Sovereign Place is a stunning development with parking; video entry phone; lift to all floors; and a private ground floor storage room.
Spanning 1070 sq ft, the apartment is a great size - the 19ft lounge allows for dining space and has a 9ft balcony and the 12ft kitchen has integral appliances, and again, space for a table and chairs.
Both bedrooms are double in-size with wardrobes and the 21ft master also provides an en-suite bathroom. The shower room has a large walk-in shower with space for seat.
The imposing position of the block is set on one of Loughton's most sought after locations being only moments from Epping Forest whilst also providing access to bus routes; High Road shops; and Central line station.
Hallway Storage cupboard. Cloak cupboard. Ceiling light point. Lounge 19' 8" x 18' 9" > 15' 0" (5.99m x 5.71m) Double glazed windows to side aspect. Fitted carpet. Ceiling light points.
Double glazed door to balcony. Kitchen/Breakfast Room 12' 7" x 11' 6" (3.84m x 3.51m) Fitted with wall and base units. Sink with mixer tap. Integral oven, hob and chimney hood.
Integral fridge/freezer, washing machine, dishwasher and microwave. Worktops. Double glazed window to side aspect. Spotlights.
Bedroom One 21' 8" > 11' 4" x 12' 0" (6.60m x 3.66m) Double glazed window to side aspect. Fitted carpet. Ceiling light point.
En-Suite 7' 1" x 6' 4" (2.16m x 1.93m) Suite comprises bath with mixer tap, shower attachment and wall mounted shower head; wash basin with mixer tap; and close coupled WC with concealed cistern.
Tiled flooring and walls. Heated towel rail. Spotlights. Walk-in Wardrobe 5' 8" x 4' 7" (1.73m x 1.40m) Hanging rails and shelving. Fitted carpet. Spotlights.
Bedroom Two 15' 3" x 9' 6" (4.65m x 2.90m) Double glazed window to rear aspect. Built-in wardrobes. Fitted carpet. Ceiling light point.
Shower Room 7' 8" x 6' 7" (2.34m x 2.01m Suite comprises large walk-in tiled shower; wash basin with mixer tap; and close coupled WC with concealed cistern. Tiled walls and flooring.
Heated towel rail. Spotlights.
Disclaimer Reasonable endeavours have been made to ensure that the information given in these particulars is materially correct, but any intending purchaser should satisfy themselves by inspection, searches, enquiries, and survey as to the correctness of each statement.
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
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
FAQ
About Sovereign Place, St Johns Road, Loughton, IG10
Explore nearby
