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 · RM6 4PQ
For saleListed 3 daysAuction 12 Nov · in 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOT 5 **FOR SALE BY ONLINE AUCTION** on 12/11/2026 09:30 A one bedroom flat on the ground floor of this purpose built block situated between the centre of Chadwell Heath and King George Hospital.
The property would benefit from redecoration and some upgrading.
Local Authority London Borough of Redbridge EPC Rating D Viewings By prior appointment with the auctioneers Leasehold Accommodation Ground Floor Entrance Hall, reception room, kitchen, bedroom, bathroom For viewing times, or agents' details, please go to the Harman Healy website.
Interested parties must rely on their own inspection. Measurements are not taken by the auctioneers. LEGAL DOCUMENTATION can be downloaded for free from our website.
For VIEWING DETAILS please go to the Harman Healy website Guide price definition - Guide prices are provided as an indication of the sellers current minimum acceptable price at auction.
They are not necessarily figures that a property will sell for, and may change at any time prior to the auction. The guide price may not be the minimum sale price, which can be higher or lower.
Reserve price definition - The reserve price is the minimum acceptable price under the hammer, which remains confidential, and may change at any time prior to the auction.
Unless otherwise stated, each property will be sold subject to a reserve. The reserve is expected to be set no more than 10% above a fixed figure guide price, or within a guide price range.
GENERAL ENQUIRIES: Please read the important information below first and visit our website, which will answer most of your questions.
IMPORTANT INFORMATION - Please refer to the Special Conditions of Sale & General Conditions of Sale for details of any additional fees, costs or disbursements (if applicable), which will form part of the contract.
- If you are the successful bidder, contracts are exchanged immediately upon the fall of the hammer.
- A 10% deposit subject to a minimum of £3,500 (whichever is the greater) is payable at the point of exchange, along with a £1,500 (including VAT) contracts administration charge.
- All bidders must register online, providing proof of identity (eg. current passport or driving licence) & proof of address (e.g. utility bill or bank statement).
If buying in a company name we need a letter of authority on company letterhead, as well a proof of ID & address for a company director or secretary.
- The period allowed for completion of the sale varies but will usually be either 14, 21 or 28 days after the auction, depending on the terms of the contract.
- The golden rule is know what you are bidding on and make sure you have the necessary finance in place before attending the auction.
Once you have successfully bid on a property you have entered into a legally binding contract
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
FAQ
About Flat 2 Juniper Court, Grove Road, Romford, Essex, RM6 4PQ
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