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 terraced house · IG6 2QZ
Sold STCReduced £25k (−5.3%) on 25 OctListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £475,000-£500,000 Offered to the market chain free, this well-presented and versatile two/three-bedroom terraced home is ideally situated just off Tomswood Hill in Hainault, providing convenient access to local amenities, schools and transport links.
The property has been extended to the rear, creating excellent ground floor living accommodation.
The layout currently comprises two reception rooms and a spacious kitchen-diner, offering ample space for both family living and entertaining.
For buyers requiring additional bedroom accommodation, the front reception room could easily be utilised as a third bedroom, particularly as the property benefits from a convenient ground floor WC.
The kitchen-diner is presented in good condition and provides a bright and practical space at the heart of the home.
The ground floor WC and first floor family bathroom have also been well maintained, while the remainder of the property is offered in generally good decorative order throughout.
To the first floor are two well-proportioned bedrooms and the family bathroom. Externally, the property benefits from a private rear garden.
With its flexible accommodation, good condition throughout and the significant advantage of being sold with no onward chain, this property represents an excellent opportunity for first-time buyers, families and investors alike.
Porch Obscured double glazed door to front, tiled floor.
Entrance Hall Tiled floor, door to front to porch, cornice coving to ceiling, stairs to first floor, under stair storage cupboard housing gas and electric meters.
Reception Two/Bedroom Three 12'9" X 10'7" Double glazed bay window to front, radiator in the bay, laminate wood flooring, cornice coving to ceiling.
Reception One/Dining Room 13'10" X 12'7" Laminate wood flooring, radiator, cornice coving to ceiling, access to ground floor wc, built in double cupboards.
Ground Floor Wc Tiled floor, partly tiled walls, low level flush wc, wash basin.
Kitchen / Diner 16'1" X 9'4" Double glazed window to rear, obscured double glazed door to rear, tiled floor, radiator, wall mounted boiler, selection of eye and base level units, plumbing for washing machine, integrated oven, gas hob and extractor hood, splash tiling, cornice coving to ceiling, single sink and drainer unit.
First Floor Landing Access to loft Bedroom One 13'3" X 10'4" Double glazed bay window to front, radiator in the bay, cornice coving to ceiling.
Bedroom Two 12'2" X 8'2" to fitted wardrobes Double glazed window to rear, radiator, fitted wardrobes, cornice coving to ceiling.
First Floor Bathroom 10'2" X 6'2" Obscured double glazed window to front, tiled floor and walls, radiator, paneled bath and mixer taps with a glass shower screen, low level flush wc, wash basin, cornice coving to ceiling, extractor fan.
Front Garden Block paved as off street parking for 1-2 cars via a dropped curb.
Rear Garden 35'7" in length Immediate patio area, external tap, wooden shed, lawn area (unseeded), external power source.
Agents Note Council tax band is D with London Borough of Redbridge. ***Please be aware that this house has a flying freehold.
Next doors first floor overlaps the rear extension for this property.
All legal enquiries can be answered via your solicitor*** Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
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 asking
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
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FAQ
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