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 · PO33 3SD
Listing removedListed 267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WELL PROPORTIONED RESIDENCE IN TRANQUIL SETTING!
Offered as CHAIN FREE, this spacious DETACHED BUNGALOW is so conveniently situated in the sought after residential area of Binstead on the outskirts of Ryde - ideal for local schools, village shops and the bus route.
The accommodation comprises a large sitting room, separate well proportioned kitchen/dining room, 2 DOUBLE BEDROOMS and a wet room.
As well as plenty of storage, further benefits include gas central heating and double glazing.
Externally, there is a private enclosed patio/lawned rear GARDEN, a long DRIVEWAY offering parking for up to 2 vehicles, plus a most useful GARAGE/STORE.
We would highly recommend an internal viewing for those seeking convenience plus an easy to maintain residence within a peaceful setting.
**PLEASE VIEW OUR VIRTUAL TOUR** Accommodation: - Accessed via the side of the property via ramp with railing (for easy access) to entrance door.
(Note: Ramp can be removed by seller if required - to enable vehicular access to garage). Hallway: - Spacious hall with wood effect laminate flooring. Radiator. Built-in broom cupboard.
Further cupboard housing 'Ideal' gas combination boiler. Concealed radiator. Access to loft space.
Doors to: Sitting Room: - Well proportioned dual aspect reception room with double glazed windows to side and rear. Part-glazed door to garden.
Inner obscured windows to hallway giving extra natural light. Radiator.
Kitchen: - Separate kitchen comprising range of matching cupboard and drawer units with contrasting work surfaces over incorporating inset sink unit. Corner fitted wooden 'breakfast bar'.
Electric cooker point. Space and plumbing for washing machine. Radiator. Double glazed windows to front and rear. Side double glazed door to garden.
Bedroom 1: - Double bedroom with double glazed window to front. Wood flooring. Radiator. Bedroom 2: - A second carpeted double bedroom with double glazed window to front. Radiator.
Wall mounted thermostat. Wet Room: - Fully tiled shower/wet room with over head shower plus wash basin and w.c. Wall heater. Extractor fan. Obscured double glazed window to side.
Garden: - There is an enclosed rear garden which is mainly laid to lawn with small patio area - ideal for outdoor dining, etc. Outside tap. Gated access via both sides of property leading to front.
The front open garden is lawned with assorted mature bushes. Driveway/Garage: - Driveway providing off street parking.
There is a garage with up and over door - ideal for bicycles/kayaks/gardening gear etc). *Note: Ramp to entrance door can be removed by seller if required - to enable vehicular access to garage.
Other Useful Information: - Tenure: Freehold Seller's situation: No chain Heating: Gas central heating Windows: Double glazing Council Tax: - Band: C Disclaimer: - Floor plan and measurements are approximate and not to scale.
We have not tested any appliances or systems, and our description should not be taken as a guarantee that these are in working order.
None of these statements contained in these details are to be relied upon as statements of fact.
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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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.
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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 Greenway, Binstead, PO33 3SD
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