Modern Method of Auction
Auction date not yet published
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 terraced house · RM13 9JP
Sold STCListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***No Onward Chain*** Situated in a quiet cul-de-sac location just off the ever-popular Upminster Road North, this well-presented three-bedroom end-of-terrace family home offers spacious and practical living accommodation extending to approximately 847 sq.
Ft. (78.7 sq. M), making it an ideal purchase for first-time buyers, growing families or investors alike.
The ground floor comprises an enclosed porch leading into a welcoming entrance hall, with stairs rising to the first floor.
To the rear of the property is an impressive open-plan living and dining room measuring approximately 25'0" in length, providing a bright and versatile space for both relaxing and entertaining.
The fitted kitchen is accessed from the hallway and offers ample worktop and storage space, along with access to the rear garden. On the first floor, the property features three bedrooms.
This includes two well-proportioned double bedrooms and a further single bedroom, ideal for use as a child's bedroom, nursery or home office.
Additionally, you have a family bathroom which completes the accommodation and allows for a well rounded upstairs.
Externally, the property benefits from a private rear garden, side access and a driveway providing valuable off-street parking.
Ideally positioned close to a range of local amenities, schools and transport links, including Rainham Station, the property offers convenient access into London, while the A13 and M25 are easily accessible for those commuting by car.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
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
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
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FAQ
About 20, Westlyn Close, Essex
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