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 · IM5 1NB
Sold STCListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Black Grace Cowley are pleased to present 4 Bridge Street, Peel to the market. This lovely cottage has been modernised with the advantage of outside space and rear access.
Located in the heart of old Peel walking distance to the beach, promenade, bars and restaurants, local amenities and a two minute walk to the bus stop.
Through the uPVC front door into the hallway with stairs leading to the first floor.
On the left, a door leads into a generous and light lounge with a step up into the dining kitchen with a range of modern base and wall units, electric oven and hob, space for a washing machine and fridge/freezer.
On the first floor are two bedrooms, one double at the front with built-in storage and a smaller double at the back. The modern family bathroom has a bath with shower over, vanity sink and WC.
Outside is a generous yard with a wooden double gate to the rear access so handy if you have a bike or kayak to store.
The yard has been astro-turfed and provides a lovely, private outside space for garden furniture and flower pots. uPVC Double Glazing. Gas Central Heating (New boiler Feb 25).
Ideal for 1st-time buyers. Viewings highly recommended.
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
Agent & docs

FAQ
About 4, Bridge Street, Peel
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