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 semi-detached house · DE73 8JA
Listing removedListed 348 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** IMPRESSIVE MODERN PROPERTY IN THE HIGHLY REGARDED VILLAGE OF MELBOURNE **** BEAUTIFULLY PRESENTED THROUGHOUT WITH A GOOD SIZE DRIVE AND GARDEN **** Perfect opportunity to purchase a 2 year old home offering a hall open through to a lounge diner with doors onto the garden, modern fitted kitchen with Quartz work surfaces and a guest cloakroom.
Two double bedrooms, master with a door into the bathroom and wardrobes, bathroom with bath and separate shower.
Good size side drive with a gate into the enclosed rear garden offering a seating area and lawn. INTERNAL VIEWING IS HIGHLY RECOMMENDED.
Hall - Entrance door into the hall with a storage cupboard and open through to the lounge.
Lounge - Upvc double glazed window to the front with fitted shutters and double doors with fitted blinds onto the garden, radiator, stairs to the first floor, door to the cloakroom and open into the kitchen.
Kitchen - Fitted wall mounted, base and drawer units with Quartz work surfaces and a sink unit.
Fitted electric oven and hob, built in microwave, space for a fridge freezer, plumbing for a washing machine and integrated dishwasher. Upvc double glazed window to the front.
Cloakroom - Low flush wc, wash hand basin and a chrome heated towel radiator.
First Floor Landing - Upvc double glazed window to the rear, storage cupboard and doors to - Bedroom 1 - Wardrobes with sliding doors, radiator and upvc double glazed window to the front with fitted shutters.
Door into the bathroom. Bathroom - Panel enclosed bath, enclosed shower, wash and basin, low flush wc, upvc double glazed window and a chrome heated towel radiator.
Bedroom 2 - Upvc double glazed window to the rear with fitted shutters and a radiator. Outside - Good size side drive, gate into the rear garden with paved patio and a lawn.
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 Freeman Drive, Melbourne, Derby
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