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 · IG7 5HG
Listing removedListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on one of Chigwell’s most sought-after roads, this spacious and well-maintained two-bedroom detached bungalow offers generously proportioned accommodation throughout.
Ideally located, the property is within walking distance of Chigwell Central Line Station and the popular shops, cafés, and amenities of Brook Parade.
The property is entered via a welcoming entrance hall, providing access to all principal rooms.
To the rear, the bright and spacious living room features an attractive fireplace and sliding doors opening onto the rear garden.
A separate dining room flows naturally into the fitted kitchen, which offers a comprehensive range of units and direct access to the garden.
The principal bedroom benefits from floor-to-ceiling fitted wardrobes and a charming bay window, while the second bedroom, currently arranged as a home office, is also fitted with bespoke storage.
The family bathroom comprises both a bath and a separate shower cubicle. Additional accommodation includes a utility room and a separate WC.
Outside, the property enjoys a well-presented rear garden with a substantial garden cabin providing excellent storage space. Further benefits include a garage and off-street parking.
Dacre Gardens is conveniently positioned within easy reach of both Chigwell and Grange Hill Central Line stations, providing direct access to the City and West End.
The highly regarded Brook Parade is nearby, offering a wide selection of shops, boutiques, cafés, restaurants, and everyday amenities.
Leisure facilities in the area include Virgin Active Chigwell and Chigwell Golf Club. For motorists, the M25 (Junction 26) and M11 (Junction 5 southbound) are both easily accessible.
Please note that the information stated in regard to this property does not establish an offer or contract, neither will it be considered as representations.
It is in the responsibility and obligation of all interested parties to confirm exactitude and your solicitor must check tenure and all lease information, fixtures and fittings, and any planning/building regulations where the property has been extended/converted.
All measurements and dimensions are estimated and noted exclusively for guidance purposes as floor plans are not to scale and their exactness cannot be confirmed.
Reference to appliances and/or facilities does not imply that they are necessarily operational or functioning for the purpose.
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
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
About 30, Dacre Gardens, Essex
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