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 flat · SS11 7GE
Listing removedListed 284 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £400,000 - £425,000 Temme English are proud to bring to the market this luxurious three bedroom ground floor apartment situated on St Lukes Park, Runwell a newly built estate by countryside homes.
This estate is onto its last phase and offers local supermarkets, schools and coffee shops.
With countryside views and walks its perfect for any growing family but still so handy to commute to London with Wickford train station only a six minute drive connecting into Stratford & London Liverpool street.
Internally the home offers an impressive open-plan living space, incorporating the kitchen, diner and lounge into the perfect entertaining area.
The three double bedrooms offer built in wardrobes, while the master also benefits from an en-suite shower-room and dual aspect sash windows.
Both the En-suite and bathroom are fitted with high quality Villeroy & Boch sanitaryware, to add extra comfort to your bath, there is even a mirrored TV built into the wall.
The finishing touches really help cement the luxurious feel, with sash windows being present in every room, high ceilings, cornice style coving throughout, solid doors and Egyptian cotton on all walls.
Parking is accessed via Rusbrook avenue and offers two allocated spaces to the rear. A viewing is highly advised call today. No onward chain!
Entrance Hall Open Plan Kitchen/Lounge 22'8 x 17'2 Bedroom One 15'4 x 12'2 Min, with fitted wardrobes Bedroom Two 12'9 x 10'9 with fitted wardrobes Bedroom Three 11 x 11'9 with fitted wardrobes Bathroom 7'5 x 8'5 High specification Two allocated parking spaces 5 years NHBC remaining Leasehold with 246 years remaining Sought after development Easy transport to Wickford town & railway station Walking distance to shops and local schools Approx Service charge & maintenance and ground rent £140.00 Per month Estate charge £25.00 per month Council tax band D no onward chain!
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.
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
FAQ
About 1, 62 St Lukes Way, Wickford, Essex, SS11 7GE
Explore nearby