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 house · S8 7BG
Listing removedReduced £25k (−7.1%) on 17 AugListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned on a significantly sized plot in the highly desirable suburb of Greenhill, this two-bedroom detached bungalow presents an exciting opportunity for those looking to create a truly special home.
Requiring modernisation, the property offers enormous potential, whether you’re seeking to extend, develop, or refurbish it to suit your lifestyle and needs.
Occupying what appears to be a double plot, the surrounding land offers exceptional scope for a substantial extension, the addition of an annexe, or even the potential to split the plot, subject to necessary planning permissions.
Internally, the bungalow features a fitted kitchen and a generously sized dining room, ideal for everyday living and entertaining.
A dual-aspect, bay-windowed living room provides abundant natural light, creating a warm and inviting space.
Both bedrooms are well-proportioned doubles, offering comfortable accommodation, while the bathroom includes a three-piece suite.
Externally, the property benefits from wraparound gardens surrounding all sides of the home, further emphasising the scale and potential on offer.
To the front, a driveway provides off-road parking and leads to an external garage with an adjoining workshop-perfect for storage, hobbies, or conversion (subject to consent).
Greenhill is a well-regarded suburb offering a range of local shops and amenities within easy walking distance.
The area benefits from excellent transport links, with convenient access to the ring road, regular bus services, and Dore train station just a short drive away, ideal for commuters.
Families are also well catered for, with a selection of schools nearby covering all age groups.
Redbrik securemovetm - important please read: Redbrik is marketing this property with the benefit of Redbrik SecureMoveTM.
Redbrik has introduced SecureMoveTM to help speed up the sales process, minimise sale fall-throughs and give more certainty to both the Seller and the Buyer.
Purchasers will benefit from the Buyer Information Pack (bip), which we have created with our legal partners, to give buyers more information before they agree to purchase.
The pack includes: TA6 (Property Information Form) TA10 (Fittings and Contents) Official Copy of the Register Title Plan Local Search* Water and Drainage Search* Coal and Mining Search* Environmental Search* (Redbrik has ordered the local, drainage, coal and environmental searches; we will add these to the bip as they become available) Redbrik SecureMoveTM allows the sale process to be completed significantly quicker than a ‘normal sale’.
This is because the legal work, usually done in the first four to eight weeks after the sale is agreed, has already been completed.
The searches, which can take up to five weeks, are ordered on the day the listing goes live and are transferable to the successful Buyer as part of their legal due diligence.
Additionally, and on behalf of the Seller, Redbrik requires the successful Buyer to enter into a Reservation Agreement and pay the Reservation Agreement Fee of £595 (including VAT).
This includes payment for the Buyer Information Pack and all the searches (which a buyer typically purchases separately after the sale is agreed).
Upon receipt of the signed Reservation Agreement, payment of the Reservation Agreement Fee, completion of id and aml checks and the issuing of the Memorandum of Sale, the Seller will agree to take the Property off the market and market it as Sold Subject To Contract (sstc).
During the Reservation Agreement period, the Seller will reject all offers and not enter into another agreement with any other buyer.
The reservation period is agreed upon at the time of sale but is usually between 60 and 120 days. The Reservation Fee is non-refundable except where the Seller withdraws from the sale.
A copy of the Reservation Agreement is available on request, and Redbrik advises potential buyers to seek legal advice before entering into the Reservation Agreement.
EPC Rating: E Rear Garden Externally, the property benefits from wraparound gardens that surround all sides of the home, further emphasising the scale and potential on offer.
Parking - Garage To the front, a driveway provides off-road parking and leads to an external garage with an adjoining workshop.
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.
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FAQ
About 23 Bocking Lane, Sheffield
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