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 · RM13 9FT
Listing removedReduced £5k (−1.8%) on 28 FebListed 367 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• this property is sold STC & has been reserved with Balgores secure • • no onward chain • two bedroom first floor flat • maintained to A high standard • 24' open plan lounge/kitchen/diner • family bathroom/WC • allocated parking space • shared communal gardens • situated 1 mile to rainham C2C station, providing easy access to london fencurch street • convenient for rainham village primary school, parsonage farm primary school & the harris academy • close to the A13/M25 road links • council tax band: B Lease Remaining: 113 years approx.
Service Charges and Ground Rent combined: £2,006.50 per annum.
Entrance Via Entrance door to: Entrance Hall Large storage cupboard, wall mounted security entry phone system, radiator with feature guard, dado rail, smooth ceiling, doors to accommodation.
Bedroom One 13'1 x 9'11. Double glazed window to rear, storage cupboard, radiator, smooth ceiling. Bedroom Two 11'7 x 6'11.
Double glazed window to front over looking balcony, radiator, dado rail, smooth ceiling. Family Bathroom/wc Obscure double glazed window to front.
Suite comprising: Panelled bath with glazed shower screen, mixer tap and shower attachment over, pedestal wash hand basin with mixer tap, low level wc with push flush.
Heated chrome towel rail, tiled flooring, part complementary tiling to walls, smooth ceiling. Open Plan Lounge/Kitchen/Diner 24'5 x 11'6.
Double glazed windows to front, side and rear, double glazed front to rear leading to garden, two radiators, laminate flooring, smooth ceiling.
Kitchen area: Range of base level units and drawers with work surfaces over, inset stainless steel one and a half sink drainer unit, integrated oven and 4-ring gas hob with stainless steel extractor hood over, space for further appliances, range of matching eye level cupboards, wall mounted Vaillant combination boiler, complementary tiled splash backs.
Balcony Laid to decking with artificial lawn, wrought iron railings. Exterior One allocated parking space. Shared communal gardens.
Buyers Information Pack Please see below the link to access the Buyers Information Pack/ta forms: Ecfc40af12a
Value & comps
No previous sales on record.
Returns
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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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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.
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FAQ
About Flat 4,, Redberry Court, Rainham
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