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 house · BH23 5QH
Sold STCListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set in good sized established gardens in an excellent residential location, an older style detached three bedroom bungalow now requiring modernisation with superb scope to improve/extend, subject to the necessary permissions.
Front door to: Spacious Reception Hall Built in coats cupboard, hatch to loft space, further potential to extend, subject to the necessary permissions.
Sitting Room 14'5" x 12' (4.4m x 3.66m) Tiled open fireplace, bay window to front, further window to side.
Kitchen 10'9" x 10'2" (3.28m x 3.1m) Comprising single bowl single drainer sink unit with work surfaces and cupboards below, space for gas cooker, built in airing cupboard housing Worcester gas fired central heating boiler, window to side, further window and door to rear.
Bedroom One 13'7" x 12'3" (4.14m x 3.73m) Bay window to front. Bedroom Two 12'2" x 9'8" (3.7m x 2.95m) Window to rear. Bedroom Three 12'5" x 9'2" (3.78m x 2.8m) Window to side.
Bathroom Being part tiled comprising pedestal wash hand basin, low level w.c., bath with mixer taps, window to rear.
Outside The property has a good sized frontage, bordered by hedging and part fencing, laid to lawn.
A driveway extends to the right hand side of the property, leading to: The Rear Garden enclosed by fencing, laid predominately to lawn with mature shrubbery, providing a very pleasant backdrop.
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 Avenue Road, Walkford, Christchurch, Dorset, BH23
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