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 · SN12 6XG
Listing removedReduced £5k (−2.1%) on 26 JunListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the desirable area of Bowerhill, Melksham, this charming modern build house offers a great opportunity for first time buyers amongst others.
The property was completed in 2022 and is designed to cater to the needs of contemporary families. The home features two spacious double bedrooms, providing ample space for relaxation and rest.
The open plan living area is a highlight, creating a warm and inviting atmosphere that is perfect for both entertaining guests and enjoying quiet family time.
The well-appointed utility cupboard adds practicality to the living space, ensuring that everyday tasks are easily managed.
Step outside to discover an enclosed rear garden, ideal for children to play safely or for hosting summer barbecues with friends and family.
The property also boasts parking for two vehicles with plenty of visitors parking in the immediate area.
Bowerhill is known for its family-friendly environment, with parks and schools conveniently located nearby, making it an ideal choice for young families.
Additionally, a bus stop at the end of the street provides easy access to local amenities and transport links.
For those who enjoy the outdoors, greenspace is found a stones throw away along with scenic walks along the Kennet & Avon canal that offer a wonderful opportunity to explore the local area.
Hall External door and window to front elevation, utility cupboard with plumbing and power for washing machine and doors to WC and open plan living area.
Wc Fitted with two piece suite comprising wash hand basin and WC, radiator and window to front elevation.
Open Plan Living (6.49m x 4.00m (21'4" x 13'1")) Patio door and windows to rear elevation, radiator, fitted with a matching range of base and eye level units with worktop space over, 1+1/2 bowl stainless steel sink, space for fridge/freezer, fitted electric fan assisted oven, built-in four ring gas hob and stairs to first floor.
Landing Radiator, doors to bedrooms and bathroom. Bedroom One (3.11m x 4.00m (10'2" x 13'1")) Window to rear elevation and radiator.
Bedroom Two (2.55m x 4.00m (8'4" x 13'1")) Two windows to front elevation, storage cupboard and radiator.
Bathroom Fitted with three piece suite comprising bath with shower over and glass screen, wash hand basin and WC with radiator.
Outside Allocated parking for two vehicles and enclosed rear garden with rear access.
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.
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FAQ
About 42, Maitland Place, Melksham
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