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 work3-bedroom house · DD5 1JW
Listing removedListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the highly sought-after area of Broughty Ferry, this detached bungalow on Strathern Road presents an excellent opportunity for buyers looking to create a bespoke family home.
While the property is in need of upgrading and renovation, it offers generous accommodation and significant potential for modernisation and enhancement.
The internal layout comprises a welcoming entrance hallway that provides access to all main living areas.
The bright and spacious lounge benefits from an abundance of natural light, creating a warm and inviting living space.
There are three well-proportioned bedrooms, offering flexibility for family living, guest accommodation, or home working.
The kitchen and bathroom are functional but would benefit from upgrading, allowing purchasers to design and install contemporary fittings to suit their personal taste.
The property further benefits from gas central heating and enjoys a private rear garden, providing a peaceful outdoor space with scope for landscaping.
Situated in a desirable residential location, close to local amenities, schools, and transport links, this property combines location with opportunity.
With the right vision and investment, it has the potential to be transformed into a fantastic and comfortable family home.
Lounge (3.92 x 4.41 (12'10" x 14'5" )) Bedroom One (5.02 x 3.57 (16'5" x 11'8")) Kitchen (3.92 x 3.79 (12'10" x 12'5")) Bedroom Two (3.86 x 3.48 (12'7" x 11'5")) Shower Room (2.07 x 2.72 (6'9" x 8'11")) Bedroom Three (3.61 x 3.05 (11'10" x 10'0"))
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 Northwood Lodge, 116, Strathern Road, Dundee
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