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 bungalow · BN8 5JL
Sold STCListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Entrance hall- Composite front door to bright hallway with herringbone flooring, hatch to loft, built in storage cupboards and doors to principal rooms sitting room- A super room with expansive rear aspect double glazed windows overlooking the rear garden, herringbone flooring, fireplace recess and hatch through to the kitchen kitchen- Fitted with a range of shaker style wall and base cupboards, roll edge wooden effect work surfaces, sink with adjacent mixer tap.
4 burner gas hob with tiled splash back with integrated cooker hood above and oven below, space for tall fridge/freezer and washing machine.
Rear aspect double glazed window overlooking the rear courtyard and matching double glazed door providing direct rear access, herringbone flooring bedroom- A good size double room with generous front aspect double glazed windows overlooking the front of the property and filling the room with natural light bedroom- A good size room with front aspect double glazed windows overlooking the front of the property shower room- Fitted white suite comprising a shower with tiled surround and glass enclosed, pedestal hand wash basin, low-level wc and obscured double-glazed windows front garden- Pedestrian pathway leads to front door, flanked with well-maintained laid to lawn and a range of colourful trees, plants and shrubs rear garden- Generously sized, well-maintained space with paved patio to the rear of the property ideal for alfresco dining and entertaining, this leads to a larger area laid to lawn, fence enclosed, decorated with colourful potted plants and trees, gate to the side provides separate side access garage- Adjacent to the property is a garage with up and over door with two allocated parking spaces to the side Ringmer- A village with a great sense of community and plenty to offer for those who want to take part, yet peaceful enough to enjoy the more rural surrounding for those that prefer the quieter village lifestyle.
Located in the heart of the village is a parade of well serviced, mostly independent shops, including a popular butcher, a Café, a bakery and the Morrisons Local houses the local Post Office.
The village also offers a coffee shop, hairdressers, dentist, modern health centre and a pharmacy.
The village is flanked by South Downs National Park with iconic walks all around and magnificent far reaching views to the River Ouse, the Ashdown Forest and across Lewes.
Ringmer hosts a plethora of sports and activity clubs catering for all ages including a football team, stoolball, cricket, bowls, croquet.
The Anchor Inn and The Green Man public houses are popular choices within the village, with The Cock Inn located on the outskirts, with all three-offering dining and traditional pub gardens to be enjoyed in fairer weather.
Tenure – Freehold Gas central Heating Double Glazing. EPC Rating – D Council Tax Band – D EPC Rating: D Parking - Allocated Parking
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.
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FAQ
About 6 Oakmede Way, Lewes
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