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 bungalow · IM9 4LU
Listing removedListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation Ground Floor Entrance Porch (approx. 5'2 x 5'0) L-Shaped Entrance Hallway (approx. 8'1 x 5'0 & 10'5 x 8'0) Lounge (approx. 20'9 x 13'0) Dining Room (approx.
12'7 x 9'1) Kitchen (approx. 11'5 x 10'7) Rear Porch (approx. 7'10 x 5'1) Cloakroom W.C. (approx. 5'1 x 2'7) Bedroom 1 (approx. 12'8 x 11'3) Bedroom 2 (approx. 12'10 x 11'6) Bedroom 3 (approx.
10'1 x 9'8) Family Bathroom (approx.
8'2 x 7'7) Large Loft Space: Recently insulated in the last 3 years Outside To the front of the property there is are two easily maintained lawned areas separated by a footpath leading to the front door.
Driveway providing off road parking for up to 3 cars and access to the single garage.
To the rear of the property there is an enclosed lawned garden which wraps around to either side, with multiple mature shrubs, hedged boundaries and gated access to the driveway.
Double bunded oil bulk storage tank. Attached Single Garage (approx. 24'6 x 11'3) Fitted with a white up and over garage door. Services All main services are connected. Oil fired central heating.
UPVC double glazed throughout. Directions Travelling through Ballabeg and into Colby along the main road, continue past the Colby Glen Hotel and take the next right into Ballacriy Park.
Take the second right and bear left, taking the second left hand turning into a cul-de-sac where number 40/41 can be found in the corner of the right hand side.
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 40/41 Ballacriy Park,, Colby
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