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 work4-bedroom house · BH24 2HG
Listing removedReduced £55k (−7.3%) on 20 JunListed 199 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An incredibly sought-after, cul-de-sac location, literally a few yards from the Lions Hill Nature Reserve, extensive parking and a link-detached double garage, are just a few features of this impeccably presented and much improved bungalow, that is perfectly positioned for anyone with a family, has dogs or enjoys walking or cycling.
There is an entrance porch, entrance hallway and an open plan, triple aspect sitting/dining room which has a staircase to a mezzanine floor/family room which is currently being used as a 4th bedroom.
The sitting room has a wonderful, vaulted ceiling, remotely operated Velux rooflight (rain sensing), gas fireplace and bi-fold doors into the garden.
This impressive room is a lovely place to sit and enjoy the views of the surrounding gardens.
To the side of the dining room there is a conservatory with a tiled floor and access to the large, updated kitchen/breakfast room (2019) which has a range of base and wall mounted units, a four ring gas hob with extractor fan over, an oven and grill, display cabinets and contrasting splashbacks and worktops.
There are three large double bedrooms all of which benefit from wardrobes with the master providing an en-suite bath/shower room/wc.
The other bedrooms are serviced by the family bathroom and there is also a separate cloakroom/wc.
This delightful property further benefits from solar panels (owned), an overhauled roof & flat roof (2020/21), gas central heating (new boiler 2021) and double glazing.
Externally: The property sits comfortably upon a level and private plot of around 0.2 acres and is approached by a paved driveway which provides ample off road parking and access to the double garage with remotely operated, sectional door (new in 2017).
A paved pathway sweeps around the property to the rear garden where it forms a patio.
The gardens extend to two sides (with a sunny south-easterly to south-westerly aspect), are laid to lawn with established flower and shrub beds and numerous peaceful seating areas.
There is also a hot tub.
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
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FAQ
About 17 Grosvenor Close, Ashley Heath, Ringwood
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