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 · DN40 2BG
Sold STCListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the popular town of Immingham, this spacious three bedroom semi-detached bungalow occupies a generous corner plot, offering excellent potential for those seeking a home with ample outdoor space.
The property provides well proportioned accommodation throughout, with three bedrooms and versatile living space, making it ideal for a variety of purchasers.
Externally, the substantial corner plot offers plenty of space and further potential to create a fantastic outdoor environment.
Conveniently positioned for local amenities, transport links and everyday facilities, this appealing bungalow represents an excellent opportunity for buyers looking to put their own stamp on a property.
Being sold with no forward chain, early viewing is highly recommended to appreciate the potential and generous plot on offer.
Lounge (11' 9'' x 18' 6'' (3.58m x 5.63m)) A spacious and welcoming lounge, offering a comfortable setting for relaxing and entertaining.
The room benefits from plenty of natural light, creating a bright and inviting atmosphere.
Conservatory (9' 7'' x 10' 5'' (2.92m x 3.17m)) Kitchen (9' 1'' x 16' 9'' (2.77m x 5.10m)) A compact and practical kitchen, thoughtfully arranged to make the most of the available space and offering a range of storage and work surfaces.
Bedroom 1 (9' 10'' x 12' 4'' (2.99m x 3.76m)) Bedroom one briefly comprises of carpeted flooring, built in storage, radiator and uPVC window.
Bedroom 2 (8' 7'' x 10' 11'' (2.61m x 3.32m)) Briefly comprising of tasteful decor, radiator and uPVC window.
Bedroom 3 (7' 0'' x 7' 7'' (2.13m x 2.31m)) Bedroom three comprises of carpeted flooring, radiator and uPVC window.
Shower Room (6' 5'' x 9' 1'' (1.95m x 2.77m)) A well presented shower room, fitted with a modern suite comprising a shower enclosure, wash hand basin and WC.
Externally Externally, the property occupies a substantial corner plot, offering generous outdoor space and excellent potential to create a fantastic outdoor environment.
Further benefits include ample off road parking and a 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
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
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FAQ
About 17, Winslow Drive, Immingham
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