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 flat · SS6 8SA
Listing removedListed 498 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Morgan Brookes believe - This charming 2 bedroom apartment is situated in a quite & convenient location for local shops and good primary & secondary schools.
The property is modern and spacious throughout and has the added bonus of its own garage.
Our Sellers love - Being a short distance to local amenities and a short drive from Rayleigh Town Centre with its array of shops, eateries & King Georges Recreation Ground.
Entrance Obscure double glazed panelled door to: Landing (20' 5'' x 7' 0'' (6.22m x 2.13m)) Two obscure double glazed windows to side aspect, radiator, carpet flooring, ceiling with loft access, doors to: Living Room (16' 2'' x 4' 11'' (4.92m x 1.50m)) Two double glazed windows to front aspect, feature fireplace, built in storage area, radiator, coving to smooth ceiling, carpet flooring.
Kitchen (13' 0'' x 7' 6'' (3.96m x 2.28m)) Double glazed window to side aspect, range of fitted wall and base level units, roll top work surfaces incorporating stainless steel sink and drainer unit, four point electric hob with stainless steel extractor fan over, fitted oven, space and plumbing for appliances, splash back tiling, built in storage cupboard, radiator, coving to smooth ceiling.
Bedroom 1 (13' 10'' x 9' 0'' (4.21m x 2.74m)) Double glazed window to rear aspect, two built in storage areas, radiator, coving to smooth ceiling, carpet flooring.
Bedroom 2 (12' 1'' x 9' 11'' (3.68m x 3.02m)) Double glazed window to rear aspect, radiator, coving to smooth ceiling, carpet flooring.
Shower Room (6' 10'' x 5' 6'' (2.08m x 1.68m)) Obscure double glazed window to side aspect, shower cubicle with raised shower system, wall mounted hand basin, low level WC, radiator, tiled walls, coving to smooth ceiling, tiled flooring.
Garage Up and over door. Private Rear Section Of Garden Mostly laid to lawn.
Additional Information Remaining Lease Length : 939 Years (As of 2025) Ground Rent : Alton Properties - Aprox £5.25 per annum Service / Maintenance Charges : Btmk have said they believe there is no service charge
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 29, York Road, Rayleigh
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