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 terraced house · PE16 6PF
Sold STCListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground Floor Porch Double glazed entrance door, vinyl flooring and door to: Lounge/Diner 4.00m (12'10") x 7.32m (24'0") max Double glazed box window to front, under-stairs storage cupboard, two radiators, stairs to first floor, open plan with kitchen area and double glazed double doors to enclosed rear garden.
Kitchen Area 3.02m (9'11") x 2.06m (6'9") Fitted with a matching range of base and eye level units with worktop space over, matching breakfast bar, 1+1/2 bowl stainless steel sink with tiled splashbacks, plumbing for washing machine, space for fridge/freezer and tumble dryer, built-in electric fan assisted oven, built-in four ring electric hob with extractor hood over and double glazed window to rear.
First Floor Landing Airing cupboard, Boiler cupboard and doors to: Bedroom 1 4.00m (13'1") x 3.20m (10'6") max Double glazed window to front, built-in wardrobes with sliding doors and radiator.
Bedroom 2 3.04m (10') x 2.02m (6'8") Double glazed window to rear and radiator.
Bathroom Fitted with three piece suite comprising, panelled bath with separate shower over, hand shower attachment and glass screen, wash hand basin with storage under and low-level WC, part tiled walls, extractor fan, double glazed window to rear, radiator and tiled flooring.
Outside The property has two allocated parking spaces. The enclosed rear garden is mostly laid to artificial lawn with patio areas. EPC Rating: TBC
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 Mayfly Close, Chatteris, Cambs., PE16 6PF
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