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 · ME7 2TN
Listing removedListed 100 daysAuction 29 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Key Features Lot 130 for sale by auction on 29/07/2026 To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers website Subject to an Assured PeriodicTenancy Reception Room/Kitchen, Two Bedrooms, Bathroom GIA approximately 58 sq m (624 sq ft) Rear Garden/Patio Parking to the front Key Locations The property is situated on the west side of Tangmere Close Local shops and amenities are available nearby and within Gillingham town centre The A2 and M2 motorway are both easily accessible Gillingham rail station is approximately 1.1 miles to the west Riverside Country Park is to the east Viewings The property will be open for viewing on Wednesday 15th July, Saturday 18th July, Wednesday 22nd July and Saturday 25th July between 5:15 - 5:45 p.m.
These are open viewing times with no need to register. If you cannot attend the viewing you are advised to view the images and any available virtual tour on our website before bidding.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
Agent & docs
FAQ
About 80 Tangmere Close, Gillingham, Kent, ME7
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