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 · PO31 8PP
Under offerReduced £10k (−2.6%) on 26 OctListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully extended, modernised and open planned three bedroom detached bungalow. Backing on to open fields and conveniently positioned with access through to Newport or Cowes.
The accommodation with approximate measurements comprises Double glazed door to Porch Double glazed windows to side aspects and door to: Hallway Radiator. Loft access with ladder and light.
Doors to Bedroom. 3.86 m x 3.32 m (12'8" x 10'11") Double glazed window to front aspect. Built in wardrobes with sliding doors.
Bedroom 3.31 m x 3.24 m (10'10" x 10'8") Double glazed window to front aspect. Radiator. Bedroom 4.22 m x 3.33 m (13'10" x 10'11") Double glazed window to side aspect. Radiator.
Bathroom 3.31 m x 2.17 m (10'10" x 7'1") Bath. Large walk in shower cubicle. Low level WC. Handbasin with vanity storage. Heated towel rail. Tiled flooring.
Airing cupboard with wall hung boiler and shelving. Double glazed window to side aspect. Lounge / diner / kitchen 6.49 m x 6.44 m (21'4" x 21'2") Open plan living, entertaining and cooking space.
Lounge diner: Bi fold doors to the large garden. Two Wall hung feature radiators. Double storage cupboard. Lantern allowing extra light into this lovely spacious living area.
Open to: Kitchen: fully fitted with sleek green and wood fronted finish units and incorporating fitted dishwasher, fridge and freezer. Two mid level NEF electric ovens. Induction hob.
Oversized sink with mixer tap. Double glazed window to rear aspect over looking the garden. Utility / cloak room 1.52 m x 2.45 m (5'0" x 8'0") Space for both washing machine and tumble dryer.
Low level WC. Hand basin with vanity storage. Heated towel rail. Double glazed window to side aspect. Outside Rear: mainly laid to lawn backing onto open fields. . Large patio area.
Gate to front aspect. Outside tap. Front: ORP Garage: up and over door, Power and light. Door to garden.
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 Newport Road, Cowes, Isle Of Wight
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