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 work4-bedroom bungalow · SO51 7LA
Listing removedReduced £50k (−10.5%) on 27 JunListed 279 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presenred and spacious bungalow occupies a desirable position on a generous plot, offering ample off-street parking and conveniently located close to Romsey.
Location Conveniently located on Richmond Lane, the property offers easy access to Romsey town centre, local shops, schools, and transport links, while also being within reach of surrounding countryside and amenities.
Summary A well-proportioned and versatile four-bedroom ground-floor home offering approximately 1,076 sq ft of accommodation, situated in a convenient and well regarded location within Romsey.
The property is arranged on a single level and features a generous living room.
The kitchen is fitted with a range of units and enjoys a practical layout with direct access to the adjoining areas of the home.
There are four bedrooms, offering flexible accommodation to suit a variety of needs.
The principal bedroom benefits from its own en-suite shower room, while the remaining bedrooms are served by a family bathroom.
One of the bedrooms is ideally suited for use as a home office or study, making the property particularly attractive for those working from home.
Externally, the property occupies a generous plot, enjoying a private rear garden that offers an excellent degree of seclusion and space for outdoor entertaining, gardening, or family use.
To the front and side, there is ample off-road parking Anti Money Laundering We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
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
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FAQ
About 16, Richmond Lane, Hampshire
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