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 · ME12 2NB
Listing removedListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £250,000 - £260,000 - no chain Just a short stroll from Minster's beautiful beach, the property presents a fantastic opportunity to acquire a detached chalet bungalow occupying a generous plot in one of the area's most desirable coastal locations.
Offering flexible accommodation, an impressive garden and huge scope for renovation, this is a property with enormous potential to create a wonderful long-term home.
The property currently comprises a spacious lounge, kitchen, generous ground floor dining room which could equally serve as a third bedroom, a conservatory/ utility room, and a family bathroom.
The versatile layout offers flexibility for a variety of buyers, whether you're looking for predominantly ground floor living or additional reception space.
Upstairs are two well-proportioned bedrooms with useful built-in storage and access to the eaves, making excellent use of the first-floor space.
Outside, the property continues to impress with a generous rear garden offering plenty of space to enjoy, alongside a detached outbuilding providing useful storage or workshop potential.
To the front is a substantial garden with a driveway currently providing off-road parking for one vehicle, with potential for further parking if desired.
The property offers an exciting opportunity for buyers to update and personalise to their own tastes.
Whether you're planning to refresh the existing living space, undertake a more comprehensive renovation or explore extending the property (STPP), this property provides an excellent blank canvas in a highly sought-after coastal setting.
Located within easy walking distance of Minster beach and close to local shops, schools, bus routes and everyday amenities, opportunities to purchase detached homes in this position are few and far between.
Agents Notes: We are required by law to conduct Anti-Money Laundering checks on all parties involved in the sale or purchase of a property.
We take the responsibility of this seriously in line with hmrc guidance in ensuring the accuracy and continuous monitoring of these checks.
Our partner, Movebutler, will carry out the initial checks on our behalf. They will contact you once your offer has been accepted, to conclude where possible a biometric check with you electronically.
As an applicant, you will be charged a non-refundable fee of £30 (inclusive of VAT) per buyer for these checks. The fee covers data collection, manual checking, and monitoring.
You will need to pay this amount directly to Movebutler and complete all Anti-Money Laundering checks before your offer can be formally accepted.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About Greyholme, Augustine Road, Sheerness
Explore nearby