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 bungalow · RM17 5NS
Sold STCListed 362 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in this popular location in Little Thurrock is this two bedroom detached bungalow that offers excellent scope and potential.
Benefiting from spacious entrance hallway, two good size bedrooms and having lounge sitting room and further kitchen diner which is in need of attention and resting on this good size plot with a rear garden of approximately 70ft, leaves us to recommend an early internal inspection.
Entrance approach via double glazed door to SPACIOUS ENTRANCE HALLWAY fitted carpet. Access to loft area. Coved ceiling. BEDROOM ONE 12'3 x 10'5. Double glazed window to front. Fitted carpet.
Coved ceiling. Free standing wardrobe. Power point. BEDROOM TWO 12'4 x 7'1. Double glazed window to side. Fitted carpet. Coved ceiling. Power point. BATHROOM Obscured window to rear.
Comprising of pedestal wash hand basin. Inset bath. Airing cupboard. Fitted carpet. Part tiled walls. SEPARATE W/C Obscured window to rear. Low flushing w/c. Floor covering.
SPACIOUS LOUNGE SITTING ROOM 15' x 10'2. Double glazed door and windows to rear. Inset gas fire. Further windows to flank. Textured ceiling. Fitted carpet. Power point. SMALL SITTING AREA 21' x 4'8.
Double glazed Georgian doors to rear. Tiled flooring. KITCHEN 12'1 x 7'8. Double glazed window and door to side and further double glazed window to rear. In need of some attention.
Inset single drainer sink unit with unit below. Wood panelled walls. Cushioned flooring. Pantry cupboard. Further serving area. Power points. REAR GARDEN Approximately 70ft in depth.
Approached via paved area leading to lawned garden area. Abundance of evergreens and shrubs. Outside tap. Large shed / playroom to the rear of the garden.
To the front of the property there is a garage with up and over door and light and power supplied also housing meter.
The agent has not tested any apparatus, equipment, fixtures, fittings or services so can not verify that they are in working order or fit for their purpose.
The buyer is advised to obtain verification from their solicitor.
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
FAQ
About Balfour Road, Little Thurrock, Grays, Essex, RM17
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