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 flat · SS11 7LH
Listing removedListed 277 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• reserve this property today with Balgores secure reservation • located in the ever popular st lukes park development in runwell • beautifully presented one bedroom ground floor apartment • built in 2020 • modern fitted kitchen • three piece family bathroom suite • one allocated parking space • access to communal gardens • council tax band: C Lease Remaining: 993 years approx.
Service Charge: £1,800 per annum Ground Rent: Zero Entrance Via Communal Door Wall mounted entry phone system.
Own Entrance Door To Entrance Hallway Two built in storage cupboards, radiator, lvt flooring, doors to accommodation. Bedroom 12'4 x 9'10.
Double glazed window to rear, built-in mirror fronted wardrobe, radiator. Bathroom/wc 7'5 x 6'11.
Suite comprising: Panelled bath with glazed shower screen, mixer tap and wall mounted shower unit, wash hand basin with mixer tap, low level flushing wc.
Heated towel rail, lvt flooring, inset bottle niche, part complementary tiling to walls, ceiling with inset LED spotlights. Lounge/Diner 19'6 x 15'max. Reducing to 12'10.
Double glazed windows to side and rear, two radiators, lvt flooring, open plan to: Kitchen 9'8 x 8'5.
Double glazed window to rear, range of matching eye and base level units with work surfaces over and matching upstands, inset stainless steel sink and drainer unit with mixer tap, integrated electric oven and inset 4-ring gas hob with stainless steel extractor hood over, integrated fridge/freezer, integrated washing machine, concealed wall mounted boiler system, lvt flooring, ceiling with inset LED spotlights.
Property Exterior One allocated residents only parking space, further access to communal gardens, bike storage, bin storage facility.
Buyers Information Pack Please see below the link to access the Buyers Information Pack/ta forms: D65f35c627a
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 24, Liberty Way, Wickford
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