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 work3-bedroom bungalow · DY8 4SE
For saleListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare and unique opportunity to purchase this three bedroom detached dormer bungalow in need of modernisation offered with no upward chain.
Ideally located in this well-established and quiet cul de sac close to Wollaston Village; the property further offers good transport links and is well suited to those looking to downsize and property developers.
To property in brief comprises of entrance hall, two double bedrooms with built-in wardrobes, modern shower room, spacious lounge with patio doors to garden and kitchen completing the ground floor.
Continuing upstairs leads to a spacious landing with airing cupboard and additional bedroom.
The rear garden offers a private aspect and is well maintained with patio seating, elevated lawn and gated side access leading to detached garage and driveway.
Front Of The Property To the front of the property there is a block paved driveway leading to detached garage, gated side access to rear garden, mature foregarden and double glazed door to entrance hall.
Entrance Hall With a double glazed door leading from the side of the property, doors to various rooms, stairs to first floor landing and a central heating radiator.
Lounge (4.8 x 3.8 max (15'8" x 12'5" max)) With doors leading from entrance hall and kitchen, feature fire place, space for seating, double glazed patio doors leading to rear garden and a central heating radiator.
Kitchen (3.6 x 2.1 (11'9" x 6'10" )) With a door leading from lounge, fitted with a range of matching wall and base units with worksurfaces over, one and a half stainless steel sink and drainer, integrated oven and grill, electric hob, cooker hood over, plumbing for washing machine, double glazed windows to rear and side and further double glazed door to rear garden.
Shower Room With a door leading from entrance hall, double walk-in shower, WC, wash hand basin, part tiled walls, double glazed window to side and a central heating radiator.
Bedroom One (4.2 x 3.8 max (13'9" x 12'5" max )) With a door leading from entrance hall, double glazed window to front and a central heating radiator.
Bedroom Two (3.2 x 3.2 (10'5" x 10'5" )) With a door leading from entrance hall, built-in wardrobes, double glazed window to front and a central heating radiator.
Landing With stairs leading from entrance hall, storage cupboard, door to bedroom, double glazed window to side and a central heating radiator.
Bedroom Three (5.2 x 4.3 max (17'0" x 14'1" max )) With a door leading from landing, double glazed window to side and a central heating radiator.
Garden With double glazed doors leading from lounge and kitchen to a patio seating area, steps up to lawn, mature shrubs and trees, raised bank, door to garage and gated side access leading to the front of the property.
Garage With doors leading from the front of the property, further door and window to garden, useful storage space, light and power.
Agents are required by law to conduct anti-money laundering checks on all those buying a property.
We outsource the initial checks to a partner supplier Coadjute who will contact you once you have had an offer accepted on a property you wish to buy.
The cost of these checks is £45+VAT per buyer and this is a non-refundable fee. These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.
This fee will need to be paid and the checks completed in advance of the office issuing a memorandum of sale on the property you would like to buy.
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
FAQ
About 61, Richmond Grove, Stourbridge
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