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 work3-bedroom terraced house · CM11 2DS
Listing removedListed 343 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* NO ONWARD CHAIN * THREE SPACIOUS BEDROOMS, end of terrace family home, with two reception rooms, cul-de-sac location, near to shops, Mainline Station and schools. Garage and own driveway.
Offered for sale with NO ONWARD CHAIN, is this three bedroom end of terrace family home.
Situated in a cul-de-sac, in a great location for convenience shops including Tesco local, nearby schools, bus route, Billericay Mainline Station and High Street.
This property offers excellent accommodation including three sizeable bedrooms, living room with feature electric fireplace (untested) The kitchen has a useful built-in pantry cupboard and appliances including washing machine, fridge / freezer, oven and gas hob to remain, the dining room has double glazed patio doors, leading to the rear garden, there is potential to straight forwardly make this area open plan, across the back of the house.
There is also an entrance porch for coats and shoes and plenty of storage space in the garage, which could also be converted into additional living space, subject to building regulation approval.
Externally the property has it's own driveway, side gate access and rear garden with outside power points and water tap.
Entrance Porch - Living Room - 4.57m x 3.71m (15'0 x 12'2) - Dining Room - 3.40m x 2.67m (11'2 x 8'9) - Kitchen - 2.74m x 2.67m (9'0 x 8'9) - First Floor Landing - 2.74m x 2.57m (9'0 x 8'5) - Bedroom One - 4.50m x 3.20m reducing to 2.82m (14'9 x 10'6 reduc - Bedroom Two - 3.58m x 2.74m (11'9 x 9'0) - Bedroom Three - 2.95m x 2.62m (9'8 x 8'7) - Bathroom - 1.83m x 1.65m (6'0 x 5'5) - Separate W.C - 1.83m x 0.79m (6'0 x 2'7) - Garage - 5.03m x 2.49m (16'6 x 8'2) - Own Driveway - Rear Garden - 12.50m x 7.62m (41 x 25) -
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About Kelvedon Close, Billericay
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