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 · RM16 2PP
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A vacant 2 double bedroom bungalow with a garage and a 120ft south facing garden situated in a popular residential location.
The bungalow has been modernised and features a lovely kitchen, a wet room and a lounge that opens to the conservatory with views over the garden. PORCH Entrance door. Further door to Hall.
BEDROOM 1 Double glazed bay window to front. Wooden floor. Radiator. Range of mirror door fitted wardrobes. BEDROOM 2 Double glazed window to front. Radiator. Coving to ceiling.
WET ROOM Opaque double glazed window to rear. ceramic tiled walls with decorative border tiling. Close coupled WC, wall fixed wash basin & thermostatic mixer shower. Chrome ladder radiator.
KITCHEN Double glazed door and window to rear overlooking the garden. Laminate floor. Range of modern fitted units at both base and eye level.
Complementary roll edge worktop with inset sink unit & mixer tap. Integrated oven, microwave, hob, dishwasher & fridge freezer. Washing machine to remain. Part tiled walls. Spot lights.
LOUNGE Double glazed double doors to Conservatory. Wooden floor. Coving to ceiling. Radiator. CONSERVATORY Flooded with light.
Double glazed windows to sides and rear with double glazed double doors opening to the rear garden. Radiator. Vaulted polycarbonate roof. EXTERIOR FRONT There is a low front wall and a lawn area.
Parking and gates to a shared driveway to the rear. REAR The 120ft south facing rear garden commences with a paved patio area and a side driveway giving access to the garage.
The remainder of the garden is landscaped with a variety of areas with lawn, circular pathway and well stocked flower & shrub borders. There is a variety of sheds and the garage.
GARAGE Remote up and over front door. Side windows and side door. MATERIAL INFORMATION provided where possible with a complete Material Information Pack available on request.
ANTI-MONEY LAUNDERING ( AML) and Identity checks, as required by law, must be completed by a prospective purchaser before we can formally confirm acceptance of an offer and mark the property as SOLD (STC).
ID can be provided securely via our AML provider at a cost of £25 per purchaser. For more information please contact a member of the team.
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
Agent & docs
FAQ
About Long Lane, Grays, RM16 2PP
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