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 · BH14 8QX
Sold STCListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
HEART OF LILLIPUT Situated in a QUIET CUL-DE-SAC LOCATION, this detached chalet family home boasts over 2,000 SQFT of VERSATILE accommodation with POTENTIAL TO REDEVELOP (STPP).
NO FORWARD CHAIN Offering a superb opportunity, on a premier road where property values far exceed the current asking price, this detached three double-bedroom chalet bungalow is situated in an idyllic position at the bottom of a quiet cul-de-sac on the highly desirable Elgin Road, in the heart of Lilliput and perfectly positioned just moments from local amenities and Poole Harbour.
Boasting over 2,000 square feet of versatile living accommodation, this spacious property is offered to the market with no forward chain.
The home benefits from gas central heating, double glazing, and ample storage, presenting an excellent opportunity for families within the sought-after Lilliput and Baden Powell school catchments.
The ground floor living space comprises of a flexible double bedroom/reception room, a shower room, a dedicated study area, and a good-sized lounge boasting a beautiful, leafy wooded outlook.
To the rear, a large open-plan kitchen, dining, and family room serves as the heart of the home, offering direct access to the garden.
On the first floor, there are two further well-proportioned double bedrooms and a family bathroom.
Set within a substantial plot, the exterior boasts an elevated front garden that enhances the property's privacy from the roadside, alongside ample off-road parking and a detached garage.
Side access leads to the tiered, private rear garden which features mature shrubs and trees.
While the outdoor space is now in need of landscaping, it offers a blank canvas with significant potential to create a spectacular garden design or extend the property (STPP).
Notably, the elevated top tier offers the potential to create elevated sea views.
62 Elgin Road occupies a highly privileged, private position within a quiet cul-de-sac in one of Lilliput's most sought-after premier residential addresses.
This exceptional location strikes the perfect balance between coastal tranquillity and daily connectivity, positioned just moments from the heart of Lilliput Village with its artisanal cafes, local shops, and prestigious Salterns Marina.
For outdoor recreation and leisure, the scenic open spaces of Whitecliff Harbourside Park, the shores of Poole Harbour, Parkstone Golf Club, and the golden sands of Sandbanks Beach are all within effortless reach.
Highly coveted by growing families, the property falls within the strict and celebrated catchment areas for both Lilliput First School and Baden Powell Middle School.
Commuters and second-home owners are equally well-served, with nearby Parkstone and Branksome mainline railway stations providing direct, efficient links to London Waterloo in approximately two hours, alongside swift road connections into neighbouring Poole and Bournemouth town centres.
Value & comps
No previous sales on record.
Returns
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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 Elgin Road, Lilliput
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