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 · PO35 5RJ
Listing removedListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
'Long Reach' is a well-proportioned two double bedroom detached bungalow located in the sought-after, and very desirable, village of Bembridge; close to all local amenities and award winning sandy beaches.
The property occupies a good sized plot on a popular residential estate, in close proximity to the village High Street, The accommodation is well-presented throughout and the property comes to the market CHAIN FREE.
The accommodation comprises: Entrance porch, entrance hall, spacious living room/diner, modern fitted kitchen, two double bedrooms and a modern family bathroom.
Enclosed rear gardens with off-road driveway parking and garage en-bloc to the rear of the property. Entrance Gated driveway.
Door to: Entrance Porch Door to: Entrance Hall Cupboard housing boiler. Doors to: Sitting Room/Diner 3.91m x 5.08m A bright and spacious sitting room with door to garden.
feature fireplace. Window to the rear aspect. Ample room for a family dining table. Kitchen 3.3m x 3.43m Range of fitted floor and wall mounted units. Larder cupboard.
integrated electric oven and hob, with extractor unit over. Door to garden. Bedroom 1 3.68m x 3.5m A double bedroom with window to to the front elevation.
Bedroom 2 3.0m.x3.45m - A further double bedroom with window to the front elevation. Built-in sink.
Bathroom A modern family bathroom with suite comprising bath with shower over, wc and wash handbasin.
Outside An enclosed rear garden, with paved patio seating area, and gated access to the garage to the rear.
The front garden is mostly laid to lawn with large gated driveway, and side elevation access to the en-bloc garage to the rear. Parking Large driveway and en-bloc garage to the rear.
Heating Gas central heating. Services All mains connected. Council Tax Band "D".
Info for Buyers Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 plus VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.
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
FAQ
About Egerton Road, Bembridge, Isle of Wight
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