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 bungalow · PE10 9UA
Sold STCListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GROUND FLOOR ACCOMMODATION uPVC wood effect part glazed front door and two glazed side panels to Entrance Porch: Tiled flooring, second timber part glazed door to spacious Entrance hallway in L-Shape 23'6" max x 14'8" Max .
Off the hallway is a deep storage cupboard, and airing cupboard housing hot water tank, shelving and light.
BREAKFAST/KITCHEN 13' 0" x 12' 2" (3.96m x 3.71m) Fitted wall mounted and floor standing wooden fronted cupboards, complimentary fitted worktops and splash back tiling, inset stainless steel sink and drainer with mixer tap, four ring gas hob with extractor fan over, electric oven, integrated dishwasher and fridge, centre breakfast bar with cupboards under, attractive circular bay window to rear, ceramic floor tiles, radiator, UTILITY ROOM 5' 5" x 8' 1" (1.65m x 2.46m) Floor standing and wall mounted fitted cupboards, complimentary worktop, inset stainless steel sink and drainer, space and plumbing under worktop for automatic washing machine and tumble dryer, fully tiled walls, ceramic floor tiles, wall mounted GLOW WORM boiler, wall mounted thermostatic heating control, part glazed uPVC door to rear.
LOUNGE 14' 6" x 12' 10" (4.42m x 3.91m) Twin opening doors from Hallway: Four wall light points, TV point, telephone point, radiator, electric fire with timber surround polished stone back plate and hearth.
Sliding patio doors to Conservatory.
CONSERVATORY 11' 3" x 10' 3" (3.43m x 3.12m) Constructed dwarf brick walls with uPVC units over, polycarbonate pitched roof with centre ceiling fan and light, wall mounted electric heater, fitted door and window blinds, ceramic floor tiles, French doors opening to rear garden.
DINING ROOM 11' 4" x 11' 9" (3.45m x 3.58m) TV point, radiator, window to front. CLOAKROOM Low level WC, pedestal wash hand basin, radiator, fully tiled walls, ceramic floor tiles.
BEDROOM 1 11' 0" x 11' 9" (3.35m x 3.58m) Fitted bedroom furniture including wardrobes and matching bedside cabinets, two wall light points, radiator, window to rear.
ENSUITE SHOWER ROOM Double width shower cubicle with glass screen, pedestal wash hand basin with vanity unit under, low level WC with concealed flush, fully tiled walls, ceramic floor tiles, inset ceiling spot lights, extractor fan, chrome heated ladder towel fan.
BEDROOM 2 11' 11 MAX " x 11' 8" (3.63m x 3.56m) Fitted wardrobe, radiator, window to front. BEDROOM 3 9' 9" x 9' 11" (2.97m x 3.02m) Radiator, window to front.
FAMILY BATHROOM 8' 1" x 8' 0" (2.46m x 2.44m) Corner panelled bath with mixer shower attachment, bidet, low level WC, pedestal wash hand basin, fully tiled walls, ceramic floor tiles, radiator, extractor fan.
EXTERNALLY The front of this bungalow is block paved and provides off road parking for several cars. The remainder is laid to gravel for easy maintenance.
There is a detached double garage with twin up and over doors. Access to the rear garden is via a timber garden gate. The rear garden offers a good degree of privacy.
It has a large paved patio and a paved pathway which runs along the whole garden.
The remainder of the garden benefits from attractive shrub beds and borders and a couple of attractive timber pergola's with climbing plants. Overall a lovely garden to sit and relax in.
DIRECTIONS From Eckfords and Longstaff office turn left and proceed into North Street and into North Road. Turn right into Mill Drove.
After approximately half a mile take the second turning on the right into Arnhem Way and then first right into Pegasus. Number 1 is located on the left hand side.
AGENTS NOTE This bungalow was originally built by Parker Homes. It offers very spacious well presented accommodation coupled with a popular residential location.
Viewing is highly recommended at the earliest opportunity.
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
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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 Pegasus Close , Bourne
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