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 · NG16 5HP
For saleReduced £24.9k (−10%) on 23 SepListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description Offered with no upward chain is this two bedroom detached bungalow in need of modernisation, well suited to the diy enthusiast with opportunity to add value.
Located in an excellent position on Plainspot Road, accommodation briefly comprises: Lounge, dining room, kitchen, family bathroom and two spacious bedrooms.
Externally: Tarmacadam driveway and lawn to front and enclosed rear garden with detached garage and open aspect to rear. Internal inspection is recommended to fully appreciate the potential on offer.
L-Shaped Entrance Hall: 4.55m x 1.11m (14'11" x 3'7") , uPVC part glazed entrance door with uPVC double glazed side panel, radiator, access to roof space.
Lounge: 3.79m x 3.35m (12'5" x 10'11") , Classic tiled open feature fireplace, raised tile hearth, uPVC double glazed window to the front frames the view over Plainspot Road with far reaching views over countryside, radiator, uPVC double glazed window to the side, coving to ceiling.
Dining Room: 3.49m x 3.78m (11'5" x 12'4") , With gas fire set upon a raised marble hearth and tiled surround, fluorescent lighting, coving to ceiling, PVC double glazed window, radiator, open plan to the kitchen.
Kitchen: 2.59m x 2.41m (8'5" x 7'10") , Single drainer stainless steel sink unit with hot & cold taps, a range of fitted wall & base units, four ring gas hob, electric oven (not tested), uPVC double glazed window, larder unit, plumbing for washing machine, uPVC part glazed door to side opens to the rear garden.
Front Bedroom 1: 3.78m x 3.77m (12'4" x 12'4") , uPVC double glazed window enjoying far reaching views, radiator, coving to ceiling.
Rear Bedroom 2: 3.49m x 2.72m (11'5" x 8'11") , upVC double glazed window, radiator, range of fitted wardrobes.
Family Bathroom: 2.48m x 2.20m (8'1" x 7'2") , With cast iron panel bath, deep base pedestal wash hand basin, low flush WC, electric "Mira" shower (not tested) over the bath, uPVC double glazed window, airing cupboard with cold water tank over, part tiled walls and radiator.
Externally To The Front: Lawned garden with boundary hedging and flower borders. Tarmacadam driveway provides access to the side of the property leading to the rear garden.
Externally To The Rear: Single garage with timber doors, concrete patio area, lawned garden enjoying open aspect to the rear, outside light point.
Viewing: By appointment through Savidge & Brown on , pressing option 2 for residential sales. Postcode: The postcode for the satellite navigation user is NG16 5HP.
Offer Procedure: Before contacting a Bank or Solicitor you should make your offer to our office and speak to a member of staff dealing with the sale as any delay may result in the sale being agreed to another purchaser incurring unnecessary costs.
Under the Estate Agency Act 1991 you will be required as soon as possible from making an offer to provide us financial information in order to verify your position before we can finally recommend your offer to the vendor.
We will also require proof of identification in order to adhere to Money Laundering Regulations. These particulars do not constitute any offer or contract nor any part thereof.
Anti-Money Laundering Procedure: In accordance with the UK Money Laundering Regulations, we are required to carry out Anti-Money Laundering (aml) checks on all buyers.
This includes identity verification, sanctions screening, and Politically Exposed Persons (pep) checks, along with ongoing monitoring.
A fee of £36.00 per person (inclusive of VAT) will be payable to cover the cost of these checks.
Buyers will be required to provide proof of identity, proof of address, and evidence of the source of funds before we can proceed with the sale.
Dislcaimer: Whilst we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office.
Services: The Agents have not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order. The buyer is advised to obtain verification.
Measurements: Please note all the measurement details are approximate and should not be relied upon as exact.
Services: Broadband: The following information has been taken from Ofcom: Standard: Highest available download speed - 27 Mbps Highest available upload speed - 5 Mbps Ultrafast: Highest available download speed - 10000 Mbps Highest available upload speed - 10000 Mbps Mobile Phone Coverage: The following information has been taken from Ofcom: EE - Good outdoor and in-home O2 - Good outdoor, variable in-home 3 - Good outdoor Vodafone - Good outdoor and in-home Flood Risk: The following information has been taken from gov.UK: Yearly chance of flooding - Low Yearly chance of flooding between 2040 and 2060 - Very low
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About 115, Plainspot Road, Brinsley
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