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 semi-detached house · PL21 0DN
Listing removedListed 220 days
Opportunity summary
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About
BINWELL COTTAGE ENTRANCE PORCH Upvc double glazed and with door to: LOUNGE/DINER 19' 10" x 10' 2" (6.06m x 3.12m) Feature fireplace with cast iron wood burner, Upvc triple glazed windows to front, opening to: KITCHEN 19' 10" x 8' 3" (6.06m x 2.54m) Upvc double glazed window to rear, modern range of base units, wall cupboards and work surfaces, single drainer one and a half bowl sink unit with mixer tap, plumbing for washing machine, built in oven and hob, plumbing for dish washer, built in fridge/freezer.
SIDE PORCH Upvc double glazed windows and door. FIRST FLOOR LANDING Window to side. BEDROOM 1 11' 1" x 10' 0" (3.39m x 3.07m) Upvc triple glazed window to front.
BEDROOM 2 10' 4" x 10' 2" (3.16m x 3.11m) Upvc triple glazed window to front. BEDROOM 3 8' 8" x 7' 11" (2.66m x 2.42m) Upvc double glazed window to rear.
SHOWER ROOM/WC 6' 7" x 5' 7" (2.02m x 1.72m) Upvc double glazed window to rear, shower cubicle, wash basin and low level WC.
GERANIUM COTTAGE LIVING ROOM/KITCHEN 13' 2" x 12' 10" (4.02m x 3.92m) With stairs rising to upper floor, window to front, opening to: SHOWER ROOM/WC 6' 8" x 4' 3" (2.05m x 1.31m) Window to front, shower, WC and wash basin.
BEDROOM 14' 2" x 12' 11" (4.34m x 3.95m) Located on the first floor with two windows to front. UTILITY ROOM 6' 0" x 6' 0" (1.84m x 1.84m) Plumbing for washing machine, gas central heating boiler.
STABLE/WORKSHOP 22' 8" x 12' 2" (6.91m x 3.72m) Timber built. EXTERIOR There are grounds stretching to approx an acre from the roadside all the way up to the railway embankment.
There is extensive off road parking at front and side with a triangular nib of ground on a separate title at front and side.
The grounds are gently sloping in the direction of Western Beacon and there are numerous outbuildings to include a greenhouse and polytunnel.
PLANNING There is a James Wells Planning report available through the agents.
There is undoubted Planning potential with the neighbouring land to the right already having outline consent for 33 dwellings. SERVICES All mains services laid on and connected. TENURE Freehold.
COUNCIL TAX Binwell Cottage band C and Geranium Cottage band A.
Value & comps
No previous sales on record.
Returns
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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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