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 · IP31 3PR
Sold STCReduced £75k (−20%) on 25 OctListed 272 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of the popular village of Thurston, this project property presents an exciting opportunity for buyers seeking a home with significant potential for redevelopment and improvement.
The village offers a wealth of local amenities including shops, a post office, schools and a mainline train station.
The accommodation currently comprises an entrance hallway, good sized sitting room, kitchen/breakfast room and family bathroom, along with two double bedrooms, one of which benefits from a wet room style shower.
To the rear of the property, a lean-to scullery and conservatory provide further versatile space, along with a brick-built storage shed. On the first floor there is a study area with loft access.
Externally, the outside space wraps around the property and includes a garage, driveway and side gardens. Internal viewing is essential to fully appreciate the scope and opportunity available.
Entrance Porch - Door to entrance hall Entrance Hall - Stairs to study. Parquet flooring and radiator. Sitting Room - Spacious sized room with electric fireplace, wood surround and hearth.
Window to front, double doors and windows to side. Two radiators. Kitchen - A range of wall and base cupboard and drawer units with ample work tops over. Inset sink and drainer.
Space for kitchen appliances and electric oven with hob and extractor hood over. Two storage cupboards and side door to the utility. Window to side and radiator.
Utility Room - Sink and drainer unit and base level cupboards and drawers. Wall mounted boiler and tiled flooring. Window to rear and door to brick storage. Opening to the conservatory.
Conservatory - Door to garden. Cloakroom - WC and window to rear. Bathroom - Fully tiled with WC, wash basin and bath. Storage cupboard and window to rear. Radiator.
Bedroom 1 - Double room with window to side and radiator. Bedroom 2 - Double room with window to side and radiator. Adjoining fully tiled wet room with electric shower over.
Study - Window to rear, loft access and storage cupboard. Radiator Garage - The garage has double doors opening to the driveway and a pedestrian door to the garden.
The brick storage is integral to the utility room with door opening to the driveway. Outside - Front Garden - Gated driveway fully enclosed by fencing with shingle and paved areas.
A pathway with hand rails to the front door and established hedges and shrub borders. Side Garden - Enclosed by fencing, established shrubs, trees and hedging.
A large patio seating area and the remainder laid to lawn. A pond with bridge over and summer house
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 Furze Close, Thurston,
Explore nearby
