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 house · RH1 3PW
For saleReduced £10k (−2.6%) on 7 OctListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying a south facing garden and fronting on to a large expanse of green this quaint two bedroom home is a must view.
The owner has only recently refurbished the attractive bathroom and the current kitchen is no more than 6 years old.
These rooms can come at a big expense nowadays so to have these kitted out means all you need to worry about potentially is what colour you might want a wall or two.
Accommodation includes an entrance hall and a living room with a bay window, helping to provide that bit more space compared to adjoining homes.
The kitchen/ diner overlooks the garden and provides an extensive amount of work surface plus a very useful walk in understairs larder cupboard. Upstairs there are currently two bedrooms.
We say currently as many homes along this road have either divided the main bedroom into two, which is a very generous size as is or they have converted the loft.
We've mentioned already about the upstairs bathroom which is light and bright and incorporates a white suite.
Outside, there is not one but two off road parking spaces, an enviable feature to have in this day and age.
The south facing rear garden is a real sun trap and comprises of an extensive patio and the remainder laid to gravel.
To the rear is a summerhouse which has been used two fold, for both entertaining as well as storage.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti- money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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
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FAQ
About 40, Worsted Green, Redhill
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