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 work4-bedroom house · E16 2RJ
Listing removedReduced £25k (−4.3%) on 5 SepListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spencer James are pleased to offer this very well presented chain free four bedroom three bathroom town house in the popular Galleons Lock development.
The property benefits from open plan kitchen diner, 1st floor lounge, four bedrooms, three bathrooms (one en-suite), guest WC, private rear garden, integral garage and driveway.
The development benefits from onsite shops, 24 hour security, being close to transports links and local amenities.
Spencer James Residential is an independent estate agency established in 2002 specialising in all aspects of residential lettings, sales and property management.
We are serious about the pivotal role we play between our landlords and tenants; buyers and sellers.
Our clients are assured in the knowledge that we work under an approved code of practice, due to our memberships with recognised industry bodies including: The Association of Residential Lettings Agents (ARLA); the National Association of Estate Agents (NAEA); and the Property Ombudsman (Sales and Lettings).
Entrance Hall Wall mounted radiator, door to rooms, carpet stairs to 1st floor landing.
Kitchen/Diner Range of eye and base level units, sink with mixer tap over, electric oven, four ring gas hob with extractor fan over, space for dishwasher, wall mounted boiler, laminate flooring, double glazed window to rear, wall mounted radiator, double glazed door to rear giving access to private garden.
WC Laminate flooring, wall mounted radiator, two piece suite comprising of low level wc, wash hand basin with mixer tap over.
Integral Garage Door from hallway to garage making it easy access from inside the house, roller garage door, range of eye and base level units, sink with mixer tap over, space for washing machine.
First Floor Landing Carpet flooring, doors to all rooms, carpet stairs to second floor landing Lounge Carpet flooring, wall mounted radiator, two x double glazed tilt and turn windows to rear.
Bedroom Three Carpet flooring, wall mounted radiator, double glazed aluminium tilt and turn windows to front Family Bathroom Wall mounted towel rail, tiled splash back, three piece suite comprising low level wc, wash hand basin with hot and cold tap over, shower cubicle with electric shower.
Bedroom Four Carpet flooring, wall mounted radiator, double glazed aluminium tilt and turn windows to front Second Floor Landing Carpet flooring, doors to all rooms Bedroom One Carpet flooring, wall mounted radiator, two x double glazed aluminium tilt and turn windows to front, door to en-suite En-Suite Wall mounted radiator, tiled splash back, three piece suite comprising of low level wc, wash hand basin with hot and cold tap over, shower cubicle with electric shower.
Bedroom Two Carpet flooring, wall mounted radiator, two x double glazed aluminium tilt and turn windows to rear Bathroom Tiled splash back, wall mounted radiator, three piece suite comprising of low level wc, wash hand basin with hot and cold tap over, bath with mixer tap over with shower attachment.
Driveway Block driveway providing parking for up to two cars Rear Garden Fence enclosed garden, part paved, decking area, plant areas.
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
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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 86, Grimsby Grove, London
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