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 house · BA12 6FB
No longer listedListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to purchase a light and spacious two double bedroom mid terraced cottage style home providing in excess of 1000 sq. Ft (100 sq. M) of accommodation.
Designed for those over 55 years old the property is offered to the market with no onward chain and boasts a prime location, just a short walk to the town centre.
Description The property benefits from the option of ground floor living, gas central heating, single glazing, car-port with allocated parking space, private rear garden and optional access to communal gardens.
This comfortable, well presented and charming home offers spacious and versatile living accommodation set over two floors which briefly comprises of:- Entrance hall, well equipped fitted kitchen including hob, electric oven, a good sized lounge, light and airy dinning room with an opening to the garden room with doors opening to the private rear garden.
A downstairs shower room completes the accommodation on this floor.
The landing on the first floor leads to the generously sized master bedroom with built in wardrobes and en-suite bathroom, airing cupboard, second double bedroom with built in wardrobes and main bathroom all enjoying pretty views of gardens to the front and rear.
The development is managed by Broadleaf Management.
The charge covers a comprehensive range of services, which includes building insurance, external painting, part time maintenance manager on site, upkeep of all communal gardens and buildings, all window cleaning and communal external lighting.
Situation - Mere Mere is a small country town which offers a good range of everyday facilities including health centre and dentist, supermarket, Flower/Vegetable shop, Post Office, butchers, Primary School, churches, cafes, pubs, electrical shop, golf driving range, fishing lakes and regular local bus services, There are excellent walks in and around the town and also the Wiltshire downs.
The town has easy access to the A303 and main line station at Gillingham (Exeter - Waterloo) approximately 4 miles, the ancient Saxon hilltop town of Shaftesbury is approximately 8 miles and the cathedral city of Salisbury about 24 miles.
Additional Information Services: Mains Water, Gas, Electricity & Drainage.
Council Authority: Wiltshire Council ~ Council Tax Band: D Caution: Nb All services and fittings mentioned in these particulars have not been tested and hence we cannot confirm that they are in working order.
Energy Performance Certificate: Rated: C Management charge: £3,581.31 p/a Ground rent: £334.10 p/a
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
.png)
FAQ
About 11, St Michaels View, Mere
Explore nearby