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 · BH31 6BY
Sold STCListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NON-ESTATE LOCATION - This two bedroom bungalow has owned solar panels and provides scope for modernisation & extension (STPP) and approx. 95ft rear garden.
This DETACHED BUNGALOW is situated in a NON-ESTATE LOCATION OPPOSITE LAKE ROAD DOCTOR’S SURGERY, CLOSE TO A BUS STOP and WITHIN WALKING DISTANCE OF POTTERNE PARK WHICH IN TURN LEADS THROUGH TO MOORS VALLEY COUNTRY PARK.
The property has DOUBLE GLAZED WINDOWS, GAS FIRED CENTRAL HEATING, OWNED SOLAR PANELS PROVIDING LOW COST ELECTRICITY & AN INCOME, APPROX. 95ft REAR GARDEN and has SCOPE FOR EXTENSION STPP.
ENTRANCE PORCH Double glazed front door, opening fanlight window, wood effect flooring and double glazed door to the: ENTRANCE HALL Radiator, storage cupboard, thermostat control and timer/programmer for central heating.
LOUNGE Window to the front elevation, radiator, T.V point and feature fireplace with coal effect electric fire. UPVC double glazed sliding patio doors giving access into the rear garden.
CONSERVATORY being of UPVC double glazed construction built over a brick plinth with glass roof, radiator, two opening windows, ceiling window, tiled floor, power points and double opening doors giving access into the rear garden.
KITCHEN Fitted with a range of units comprising base cupboards and drawer units set beneath a work surface with inset single bowl, single drainer stainless sink unit.
Space and plumbing beneath for washing machine. Electric hob, with electric oven beneath and chimney style extractor over. Space for upright fridge/freezer. Cupboard housing gas fired boiler.
Wall mounted cupboards. Window to the rear elevation, part tiled walls, radiator and double glazed door to the side elevation.
BEDROOM ONE Window to the front elevation, telephone connection point and radiator. BEDROOM TWO Window to the front elevation and radiator.
WET ROOM Suite comprising push button wc and pedestal wash hand basin. Wet area with wall mounted Mira electric shower with tiled surround. Obscure glazed window and part tiled walls.
OUTSIDE The property is accessed over a tarmac driveway with turning area. The front garden is bounded from the road by a low level wall and is laid out for ease of maintenance.
The garage has an up and over door, power/light. The rear garden is a real feature of this bungalow being approx. 95ft in length with a paved patio area laid adjoining the rear of the bungalow.
The remainder of the garden is laid to lawn with a central path and has established shrub beds and specimen trees. Outside water tap. The garden is enclosed by timber fencing and hedging.
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
Agent & docs
FAQ
About Lake Road, Verwood, Dorset, BH31
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