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 flat · BS27 3SG
For saleReduced £10k (−5%) on 27 OctListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** BEAUTIFULLY PRESENTED TWO BEDROOM FIRST FLOOR APARTMENT *** PART OF AN OLD CONVERTED CHAPEL *** PLENTY OF CHARACTER WITH MANY ORIGINAL FEATURES *** LIVING/DINING ROOM *** GREAT SIZED KITCHEN *** BATHROOM *** SITUATED AT THE BACK OF THE PROPERTY *** OFF STREET PARKING FOR TWO CARS *** COMMUNAL GARDENS *** COUNCIL TAX BAND B *** EPC tbc *** LEASEHOLD *** Gas central heating, leasehold.
999 years from 25/03/1993, all main services Please ask within for any service charges Hallway - An L shaped hallway giving access to all rooms.
Living Room - A light front aspect with a feature arch window, plenty of space for furniture and dining table and chairs.
Kitchen - A front aspect room with a feature arch window, base and eye level units, five ring Range cooker, extractor hood, ceramic sink and drainer, space and plumbing for 2 appliances, space for a fridge freezer.
Bedroom One - Large feature arch window, built in wardrobe. Bedroom Two - Large arch feature window overlooking the communal garden.
Bathroom - Low level WC, wash hand basin, bath with shower to one end. Communal Gardens - 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.
Area
Agent & docs
FAQ
About New Road, Draycott, Cheddar
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