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 house · CM13 2TR
Listing removedReduced £25k (−6.7%) on 23 JunListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This delightful two bedroom house is offered with no onward chain, creating an easy and uncomplicated route for anyone looking to move quickly.
The property has a welcoming feel throughout, beginning with a bright living space that leads into a modern, well designed kitchen fitted with contemporary units and plenty of workspace, making it ideal for everyday cooking and entertaining.
Upstairs, the home features a first floor bathroom and two comfortable bedrooms, each offering good proportions and natural light.
Outside, the private rear garden provides a peaceful spot for relaxing, gardening, or enjoying outdoor dining during warmer months.
A garage adds valuable convenience, whether used for secure parking, storage, or as a practical hobby space.
Overall, this property combines modern touches with functional living, making it a strong choice for first time buyers, downsizers, or investors seeking a home with great potential and immediate availability.
It's walking distance of Shenfield Station and is in close proximity to St Martins School as well providing great convenience.
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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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 38, Covenbrook, Essex
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