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 property · SO41 0BA
Sold STCReduced £10k (−4.4%) on 21 JunListed 500 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to offer the 'chain free' sale of this spacious 40' x 20' two bedroom residential park home situated in A lovely village location but just A short drive from both lymington and milford on sea.
Accommodation: There is an entrance hall with cupboard. The living room is bright with a double aspect. There is then an archway to the dining room.
The kitchen has the benefit of a separate utility room which also houses the gas boiler.
The inner hall accesses the two double bedrooms, with fitted wardrobes and bedroom one has an en suite with easy access bath/shower. There is then a main shower room.
Outside: There is a lawned garden to the front, the driveway to the side gives off road parking for two cars. The rear garden is mainly paved for ease of maintenance.
Currently there is a lovely backdrop behind with paddock and then a tree line. Site Rules: There are park rules including the following: • All homeowners and residents must be 55+ years of age.
• The sub-letting of homes is not allowed.
• No commercial enterprise shall take place within the park however homeowners are at liberty to work individually from their homes by carrying out office based work.
• The keeping of one dog is permitted. • The keeping of cats is not permitted. • Homeowners are not allowed to keep commercial vehicles/campervans or sign written vehicles on site.
• Homeowners can only park on their own driveways and the carparks are for visitors. Council tax band: A, Current ground rent £263 pcm, Tenure: Perpetuity.
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 3, Knightcrest Park, Everton
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