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 · PE16 6JN
Listing removedListed 275 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Entrance Hall Double glazed entrance door, airing cupboard, sliding door to kitchen, radiator and doors to: Lounge/Dining Room 5.96m (19'7") max x 4.70m (15'5") Two double glazed windows to front, two radiators, gas fire, sliding door to kitchen.
Kitchen 2.50m (8'2") x 2.19m (7'2") Fitted with a matching range of base and eye level units with worktop space over, 1+1/2 bowl sink with tiled splashbacks, electric point for cooker with pull out extractor hood over, space for under counter fridge, double glazed window to side and vinyl flooring.
Bedroom 1 3.60m (11'10") x 3.21m (10'6") Double glazed window to rear and single radiator.
Bedroom 2 2.69m (8'10") x 2.56m (8'5") Fitted with a range of wardrobes, double glazed double door to garden and radiator.
Shower Room Fitted with tiled shower area with shower curtain, corner wall mounted wash hand basin, fully tiled walls, WC, double glazed window to side, part tiled floor and heated towel rail.
Store Room/Walk-in Pantry 2.40m (7'10") x 1.75m (5'9") With vinyl flooring and shelving. Outside The property has driveway parking, a carport and single garage with up and over door.
The front garden is laid to lawn with shrubs while the rear garden is low maintenance with large patio area and pathway leading to greenhouse and two timber sheds, trellis with climbing plants, planted beds and shrubs.
EPC Rating: TBC
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 The Elms, Chatteris, Cambs., PE16 6JN
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