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 · PE16 6NH
Listing removedListed 252 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Kitchen 3.10m (10'2") x 1.84m (6') Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink with tiled splashbacks, plumbing for washing machine, space for fridge/freezer, electric point for cooker with extractor hood over, double glazed window to rear, vinyl flooring, double glazed door to side and archway to: Dining Room 3.11m (10'2") x 2.17m (7'2") Double glazed window to side, boiler cupboard and single radiator.
Lounge 4.24m (13'11") x 3.21m (10'6") Double glazed window to front, electric fire in fireplace, single radiator and door to: Bedroom 2 2.17m (7'2") x 2.03m (6'8") Double glazed window to side and single radiator.
Bedroom 1 3.55m (11'8") x 3.21m (10'6") max Double glazed window to rear, fitted wardrobes and single radiator.
Shower Room Tiled shower enclosure, wash hand basin and WC, part tiled walls, double glazed window to side, single radiator and vinyl flooring.
Outside The property has a front garden and driveway parking to the side. A side gate gives access to the enclosed rear rear garden which is low maintenance and laid to patio. EPC RATING: D
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 Horsegate Gardens, Chatteris, Cambs., PE16 6NH
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