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 · CO10 1LR
Sold STCListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a cul de sac on this highly respected and sought after older development just off the Melford Road stands this three bedroom semi detached bungalow offered CHAIN FREE but requiring some tender loving care.
ENTRANCE HALL Built in cupboard housing gas boiler, access to loft space, doors to LOUNGE 16' 7" x 13' 7" max plus recess (5.05m x 4.14m) Radiator, double glazed windows to the front and side, door to KITCHEN 10' 6" x 7' 11" (3.2m x 2.41m) Timber style fronted units with complimentary mottled worktops comprising inset one and a half bowl single drainer sink with storage cupboards under.
Adjoining and opposite further work surfaces with storage cupboards, drawers, space and plumbing for washing machine beneath, inset four ring gas hob unit with extractor hood over, built in oven, built in storage cupboards, wall mounted cabinet, tiled floor, double glazed window to the rear and door to the outside.
SHOWER ROOM 7' 11" x 5' 9" (2.41m x 1.75m) Shower cubicle with screen door, low level wc, wash hand basin with under storage, part tiled walls, tiled floor, double glazed frosted window to the rear.
BEDROOM 1 15' 10" x 11' 1" widening to 13' 3" (4.83m x 3.38m) Built in double wardrobe, radiator, double glazed window to the front.
BEDROOM 2 11' 3" x 8' 2" (3.43m x 2.49m) Built in double wardrobe, radiator, double glazed window to the rear. BEDROOM 3 8' 4" x 8' (2.54m x 2.44m) Radiator, double glazed window to the rear.
OUTSIDE The rear garden, requiring attention, is approx 24' in depth leading round to the side garden which, in turn, leads to the front garden.
Independent driveway providing parking for approx 3 vehicles, leads to DETACHED GARAGE.
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 Lancaster Road, Sudbury
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