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 terraced house · DE5 3EL
Sold STCReduced £5k (−3.5%) on 26 OctListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
- NEW TO THE MARKET - FULLY MODERNISED TWO BEDROOM END TERRACE WITH LONG REAR GARDEN, OPEN PLAN LIVING KITCHEN AND UPSTAIRS FAMILY BATHROOM - SMARTMOVE HOMES are pleased to bring to the market this beautifully presented two bedroom end terrace within walking distance of Ripley town centre, briefly comprising of an open plan living kitchen with under stairs storage to the ground floor.
To the first floor landing there are two bedrooms and a family bathroom. Outside there is a long well maintained rear garden, and to the front there is potential off road parking for a small vehicle.
To book a viewing please contact SMARTMOVE HOMES as soon as possible. GROUND FLOOR LIVING ROOM Composite door to the front elevation, radiator, engineered wood floor, open plan to the kitchen area.
BREAKFAST KITCHEN Modern fitted kitchen with matching wall and base units and breakfast bar, work surface with composite sink and drainer, built in gas hob, electric oven with extractor fan over.
Space for under counter fridge and space and plumbing for a washing machine. Continued engineered wood floor, window and door to the rear elevation, stairs leading up to the first floor landing.
Under stairs storage cupboard housing an under counter freezer, with power and lighting. FIRST FLOOR LANDING Access to the loft.
MASTER BEDROOM Double bedroom with window to the front elevation and radiator. BEDROOM TWO Window to the rear elevation, radiator, built in storage cupboard over the stairs.
FAMILY BATHROOM Modern three piece bathroom suite comprising fitted bath with mains fed shower over, aqua board splash back, WC and wash basin over vanity unit.
Extractor fan and engineered wood floor. OUTSIDE REAR GARDEN Long well maintained rear garden, mainly laid to lawn, with stoned seating area to the rear. Outside water tap and lighting.
OFF ROAD PARKING Block paved space to the front with potential off road parking for a very small vehicle, ideal for a motorbike. EPC / TENURE EPC - D TENURE - FREEHOLD
Value & comps
No previous sales on record.
Returns
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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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About Springfield Terrace, Ripley
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