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 · SO31 6EN
Listing removedListed 288 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
W&W are delighted to offer for sale this extremely well presented, extended & deceptively spacious detached bungalow.
Internally the property boasts over 1100 sq.ft providing two double bedrooms, four reception rooms, kitchen/breakfast room, modern bathroom & en-suite shower room to the main bedroom.
Outside, the property enjoys a favoured aspect landscaped rear garden, tandem garage converted into a 16'1ft studio and 16'11ft workshop & paved driveway providing parking for multiple vehicles.
Peters Road is a popular, non-estate location in Locks Heath.
Ideally situated with the Locks Heath Centre within walking distance, providing a variety of amenities, shops & eateries including a large Waitrose.
Locks Heath Infant & Junior Schools are less than a mile away & there are excellent transport links close by.
Extremely well presented & deceptively spacious detached bungalow The property boasts over 1400 sq.ft including the outbuildings Entrance hall enjoying built in storage cupboard Lounge with centrepiece fireplace with inset gas fire & bespoke made storage/shelving Triple aspect dining room with patio doors opening out to the rear garden Modern kitchen/breakfast room enjoying quartz worktops & breakfast bar Integrated appliances include oven, microwave, induction hob, dishwasher & space for fridge/freezer Dual aspect family room with patio doors opening out to the rear garden Dual aspect utility room/study providing additional storage & space/plumbing for appliances Main bedroom benefitting from built in wardrobes & en-suite En-suite shower room comprising three piece white suite & attractive wall tiling Guest bedroom with window to the side Main bathroom comprising four piece suite Landscaped rear garden enjoying raised paved patio areas & area laid to lawn with display flower/shrubbery Converted tandem garage into a 16'1ft studio with plumbing, lighting & power along with a 16'11ft workshop also benefitting from power & lighting Paved driveway providing parking for multiple vehicles Additional Information - Property construction - Traditional brick build Electricity supply - Mains Water supply - Mains Sewerage - Mains Heating - Gas central heating Broadband - There is broadband connected to the property and the seller informs us that this is supplied by Virgin Media Please check here for potential broadband speeds - The current seller informs us that they have mobile signal and are no current black spots.
Please check here for all networks -
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
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FAQ
About Peters Road, Locks Heath
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