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 house · PE20 3PQ
Listing removedReduced £15k (−10%) on 7 AugListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the edge of the sought-after village of Swineshead, this semi-detached home occupies a generous plot of almost a quarter of an acre (sts), enjoying open field views and an exciting opportunity for buyers looking to create their ideal home.
Requiring a full programme of renovation throughout, the property provides excellent scope to modernise, extend and enhance (subject to any necessary consents), making it an ideal project with plenty of future potential.
The accommodation comprises an entrance hall, lounge, separate dining room, kitchen and conservatory/utility to the ground floor. To the first floor are two bedrooms and a family bathroom.
Outside, the property enjoys extensive lawned gardens to both the front and rear, with open countryside views creating a wonderful rural backdrop.
There is ample off-road parking together with useful outbuildings, offering plenty of practical storage.
Occupying a peaceful rural setting on the edge of Swineshead village, the property combines countryside living with convenient access to local amenities.
Offered for sale with no onward chain, viewing is essential to fully appreciate the size of the plot, the surrounding field views and the outstanding potential this property has to offer.
Agent's Note: The sellers have advised that the property's drainage system was upgraded in recent years to a sewage treatment plant.
Entrance Hall Lounge 3.04m x 3.91m - 9'12” x 12'10” Dining Room 3.63m x 4.89m - 11'11” x 16'1” Kitchen 4.14m x 1.67m - 13'7” x 5'6” Conservatory/Utility 3.5m x 3.05m - 11'6” x 10'0” First Floor Landing Bedroom 1 3.04m x 3.91m - 9'12” x 12'10” Bedroom 2 3.64m x 2.5m - 11'11” x 8'2” Bathroom 2.7m x 2.29m - 8'10” x 7'6” Outside Store 1 Store No Roof 3.11m x 2.66m - 10'2” x 8'9”
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 3, Council House Timms Drove, Boston
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