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 · DN21 3JF
For saleReduced £10k (−5%) on 24 JunListed 348 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** cash buyers only ** This off grid property is set in just under a 1/2 acre plot and offers two good sized bedrooms, one of which is currently used as a pantry/food store, a living/kitchen area, bathroom and separate compost toilet, greenhouse and workshop.
Ideal for those looking to step out and live a slower pace of life more connected to nature, this home is still ideally situated steps away from acres of forest and within walking distance of a village with many amenities including shops, pubs and small businesses.
The property is of non standard construction, rain water harvesting with a five stage filtration system, electricity is supplied by a solar system providing 240v and 12v electricity, an open fire and a solid fuel Rayburn stove supplying the heating and hot water to the property.
*Scope for development with lapsed planning for a larger residence and stable block (Planning application number 136535) Entrance (2.71 x 2.08 (8'10" x 6'9")) Access to the all rooms with a storage cupboards and loft access.
Lounge/Dining Room (2.99 x 5.4 (9'9" x 17'8")) Open plan living/dining room with rear facing window and open fire place.
Kitchen (2.71 x 2.7 (8'10" x 8'10")) Open plan kitchen with front facing window, fitted shelving, Belfast sink unit and Rayburn Royal solid fuel stove and back boiler. Access to the workshop.
Bedroom One (2.99 x 4.3 (9'9" x 14'1")) Double room with fitted with wardrobes, storage and rear facing window.
Bedroom Two (2.71 x 3.4 (8'10" x 11'1")) Double room with fitted cupboards and front facing window.
Bathroom (1.33 x 1.5 (4'4" x 4'11")) Cast iron bath with mixer tap and shower, small basin and 10 litre independent water heater. W/C (0.84 x 1.2 (2'9" x 3'11")) Compost toilet.
Workshop (5.8 x 2.46 (19'0" x 8'0")) Large workshop/storage area with access to the garden and kitchen.
External The outside space boasts large mature trees, numerous wood sheds, small pond, hand built wooden cabin and covered veranda. Gated access from a private road with ample space for parking.
Disclaimer The information displayed about this property comprises a property advertisement and is an illustration meant for use as a guide only.
Bella Properties makes no warranty as to the accuracy or completeness of the information.
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 Prickly Nut Cottage, Gainsborough
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