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 house · BB9 7RS
Sold STCListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire an individually built two-bedroom detached bungalow, set within a substantial private plot and offering excellent potential for its next owner.
Situated on Charles Street in Nelson, this distinctive property offers a combination of space, privacy and potential that is increasingly difficult to find.
The bungalow provides generous, well-proportioned accommodation and, while offering scope for modernisation, presents an exciting opportunity for a buyer to create a home to their own taste.
At the heart of the property is the spacious kitchen and dining area, featuring an extensive range of fitted units, generous worktop space, fitted oven and breakfast-bar seating, with glazed doors providing direct access outside.
The accommodation also includes two well-proportioned bedrooms, bathroom facilities, comfortable living space and an integral garage. Outside is a real highlight.
The bungalow occupies a substantial established plot, with extensive paved and landscaped areas, mature planting and established hedging providing an excellent degree of privacy.
Adding to the property's appeal is its future potential.
We understand that when originally constructed, the foundations were built with additional strength with the intention of supporting a potential second storey.
Any future development would be subject to the necessary permissions, building regulations, structural assessment and plans.
Detached, individually built and positioned on an impressive plot, this is a genuinely unusual opportunity.
Entrance Hallway - 5.15m x 3.92m (16'10" x 12'10") - Living Room - 5.18m x 3.92m (16'11" x 12'10") - Inner Hallway - 6m x 1.19m (19'8" x 3'10") - Garage - 5.67m x 4.2m (18'7" x 13'9") - Kitchen & Dining Area - 5.21m x 3.28m (17'1" x 10'9") - Master Bedroom - 3.2m x 2.95m (10'5" x 9'8") - Bathroom - 3.26m x 2.07m (10'8" x 6'9") - Second Bedroom - 3.26m x 2.92m (10'8" x 9'6") -
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.
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

FAQ
About Charles Street, Nelson
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