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 terraced house · PO33 2XT
Sold STCListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This three bedroom home is situated in a quiet cul-de-sac not far from both the town and seafront. Benefits include gas central heating, double glazing and driveway parking.
Offered for sale chain free. Double glazed entrance door to: Entrance Hallway: Stairs to first floor. Built in understairs storage. Radiator.
Kitchen: 10'2" x 6'0" (3.10m x 1.83m) With a range of fitted base and wall units plus built in drawers and work surfaces. Stainless steel sink unit. Tiled splashbacks.
Built in electric oven and gas hob with extractor over. Plumbing for washing machine and dishwasher. Wall mounted gas fired boiler. UPVC double glazed window to the front. Space for fridge freezer.
Lounge/Diner: 17'0" x 13'0" max (narrows to 7'0" in dining area) (5.18m x 3.96m max (narrows to 2.13m in dining area) With sliding double glazed patio doors to garden. Radiator.
First Floor Landing Bedroom One: 13'0" x 9'3" (3.96m x 2.82m) With UPVC double glazed window to the rear. Radiator.
Bedroom Two: 10'9" x 6'2" (3.28m x 1.88m) With UPVC double glazed window to the front. Radiator. Bedroom Three: 7'0" x 6'6" (2.13m x 1.98m) With UPVC double glazed window to the front.
Bathroom: White suite comprises: panelled bath with shower over, pedestal wash hand basin and low level WC. Part tiled walls. Radiator. Built in cupboard.
Outside: Driveway to the front with landscaped gravelled area. South facing rear courtyard garden with gated rear access. Tenure: Freehold EPC: TBC Council Tax Band: B
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 Winchester Mews, Wood Street, Ryde, Isle Of Wight
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