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 · PH2 6AH
Listing removedReduced £50 (−0%) on 22 JulListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Next Home Estate Agents are delighted to bring to market this rare to market, fully renovated and immaculately presented 2 Bedroom Semi-Detached Bungalow and garage set in the stunning countryside of St.
Martins. A rare opportunity to acquire a beautifully presented two-bedroom semi-detached bungalow, set amidst stunning open countryside just outside the peaceful hamlet of St Martins.
This exceptional home has been comprehensively renovated and thoughtfully reconfigured by the current owners to an exacting standard, including full internal remodelling, new windows and doors, a complete new roof, upgraded insulation and the installation of an oil-fired heating system.
The accommodation is both spacious and well-appointed, featuring a generous living room that flows seamlessly into a dining area, creating an ideal space for both everyday living and entertaining.
The contemporary kitchen is bright and stylish, offering ample space for dining and enjoying direct access to the garden via French doors.
There are two well-proportioned double bedrooms, with the second benefitting from built-in storage, while the principal bedroom is enhanced by a private en suite bathroom area.
A modern shower room completes the internal layout.
The double garage has been partially converted to provide practical utility and laundry areas, with additional storage cleverly incorporated into the roof space, while still retaining valuable garage functionality.
Externally, the property enjoys a generous south-facing plot, bathed in natural sunlight and commanding panoramic views across the surrounding countryside.
The grounds are predominantly laid to lawn, complemented by a raised decking area ideal for outdoor dining, as well as a charming barbecue hut.
A detached garden room with a log-burning stove provides a versatile retreat, perfect for relaxation or entertaining year-round.
Ample off-road parking is available via the integral double garage, completing this outstanding rural home.
Kitchen/breakfast room 20' 7" x 9' 10" (6.28m x 3m) dining room 10' 4" x 16' 4" (3.16m x 4.98m) lounge 14' 5" x 16' 4" (4.4m x 4.98m) bedroom 1 11' 10" x 16' 6" (3.61m x 5.05m) bedroom 2 12' 4" x 11' 10" (3.76m x 3.63m) shower room 8' 7" x 5' 4" (2.62m x 1.64m) garden room 11' 3" x 16' 10" (3.45m x 5.15m) garage/utility area 22' 6" x 22' 11" (6.88m x 7m)
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
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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.
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FAQ
About Five Farthings, 2, Mid Friarton Cottages, Perth
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