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 house · SM3 8NF
Under offerReduced £15k (−2.4%) on 21 SepListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with vacant possession this 1930s built three bedroom, two reception room semi-detached family home offering potential to extend subject to planning permission requiring modernisation and redecoration.
Situated within easy reach of local schools, Nonsuch Park and North Cheam with its various shops including Sainsburys supermarket, various services, restaurants and bus stops to Sutton, Worcester Park and Morden Town Centre with its Northern Line tube station.
Entrance porch Front door to:- Entrance hallway Understairs meter storage cupboard, radiator. Lounge 15'7 X 12'5 Into angle bay double glazed window, radiator, wall light points, coving to ceiling.
Dining room 12'6 X 11'10 Feature brick built fireplace, wall light points, picture rail, double glazed sliding patio doors onto rear garden.
Kitchen 11'11 X 10'8 (Maximum measurements) Being L-shaped, fitted with a range of high and low level cupboards and drawers, working top surfaces, inset single drainer stainless steel sink unit with mixer tap, window above overlooking rear garden, built in 4 ring gas hob, built in electric double oven, plumbing and space for washing machine, space for fridge/freezer, built in larder cupboard, door to:- utility room 12'11 X 6'2 Cupboard housing gas central heating boiler, door to front side access, door into garage.
Outside W.C. Stairs to first floor landing Frosted window to flank wall, access to loft space. Bedroom one 15'7 X 11'10 Into angle bay double glazed window, radiator.
Bedroom two 12'5 X 11'10 Double glazed window, built in cupboards. Bedroom three 8'8 X 7' Double glazed window, radiator.
Bathroom Matching suite comprising wood panel enclosed bath with mixer tap shower attachment, curtain and rail, pedestal wash hand basin, tiled walls, double glazed frosted window, cupboard housing hot water cylinder tank.
Separate W.C. Low level w.c., frosted window, part tiled walls. Outside rear garden Extending to 60' mainly laid to lawn with raised crazy paved patio area.
Attached garage 14'8 X 8'3 With personal door into utility room and light, up and over door, approached by own driveway providing additional off street parking. Council tax Band E
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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
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FAQ
About 148, Church Hill Road, North Cheam
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