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 house · RG22 4HH
Sold STCListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain - Chequers - A mid terraced home set on the outskirts of Brighton Hill, convenient to local amenities.
Whilst the property requires modernisation, it is priced accordingly and offers great potential with generously sized accommodation comprising cloakroom, lounge, kitchen/dining room, three bedrooms and a family bathroom.
(Draft particulars - awaiting vendors approval). Entrance Hall: Radiator, storage cupboard. Lounge: (4.37m max x 3.20m max (14'4" max x 10'6" max)) Frot aspect, double glazed window, radiator.
Rear Hall: Stairs to first floor, storage cupboards, radiator, glazed door to rear garden. Cloakroom: Low level w.c., wash hand basin.
Kitchen/Dining Room: (4.78m x 2.62m (15'8" x 8'7")) Rear aspect, double glazed window, eye and base level units, roll edged work surfaces, single drainer sink unit with mixer tap, appliance space, radiator.
Staircase Gives Access To Landing: Bedroom One: (3.81m max x 3.40m max (12'6" max x 11'2" max)) Rear aspect, double glazed window, radiator, airing cupboard.
Bedroom Two: (4.22m x 2.67m (13'10" x 8'9")) Front aspect, double glazed window, radiator. Bedroom Three: (2.77m x 2.62m (9'1" x 8'7")) Front aspect, double glazed window, radiator.
Bathroom: Suite comprisin panel enclosed bath, low level w.c., wash hand basin, double glazed window. Gardens: To the front of the property is a lawned garden with pathway to the front door.
The rear garden has artificial grass, garden shed, gate leading to communal parking area.
Council Tax: Band C Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
Referrals: Chequers will recommend the services of other businesses and may receive a referral fee in some instances where a buyer or seller uses the services of that company.
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
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FAQ
About 94, Gershwin Road, Basingstoke
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