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 bungalow · TQ3 1BU
Listing removedReduced £10k (−2.2%) on 20 JunListed 306 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This stunning bungalow offers a perfect blend of style and comfort, featuring a bright and open layout that creates a welcoming atmosphere throughout.
Both bedrooms are generously sized and benefit from their own en-suite bathrooms, providing privacy and convenience for residents or guests.
The interior has been finished to a high standard with modern décor and quality fittings, making this home ready to move straight into.
The spacious living areas are flooded with natural light, enhancing the sense of space and warmth.
Outside, you’ll find a beautifully maintained garden, ideal for relaxing or entertaining, and a large driveway with parking for multiple vehicles, complemented by a garage for secure storage.
Located in a sought-after area of Preston, this property offers easy access to local amenities, transport links, and scenic surroundings, making it an excellent choice for those looking for a peaceful yet well-connected home.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 7, Lacy Road, Devon
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