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 work1-bedroom house · IP24 2BP
Listing removedReduced £5k (−3.8%) on 2 JulListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation comprises Hardwood door to entrance lobby – with door to sitting room – 13'5" x 12'6" (4.12m x 3.85m).
Feature inglenook fireplace with stone hearth, radiator, built-in cupboard housing electric boiler serving radiators and pre insulated hot water cylinder, exposed timber, window to the front aspect and door to kitchen – 9'6" x 6'5" (2.94m x 1.98m).
Roll edge work surfaces with tiled splash backs, inset stainless steel sink unit with mixer tap, plumbing for an automatic washing machine, built-in stainless steel electric oven and hob with canopy hood over, range of base to include integrated fridge, drawer and wall units, radiator, velux light, part glazed door to the rear courtyard and door to shower room – 6'5" x 5' (1.98m x 1.53m) – comprising separate fully tiled shower cubicle housing thermostatic shower, pedestal basin with tiled splash backs and w.c..
Radiator, access to loft space and window to the rear aspect.
The staircase rises from the Sitting Room to the first floor open to attic bedroom – 15'6" x 14'2" average width (4.76m x 4.34m) with sloping ceilings and exposed timbers, radiator and two velux windows.
Outside – To the front the garden is laid to lawn and divided by box hedging with path leading to the front door. To the rear there is small paved area enclosed by timber fencing.
Viewing – Viewing is strictly by appointment with the Agents. Council tax band A
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 51, Magdalen Street, Thetford
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