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 · PO33 4QA
Under offerListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 2-bedroom semi-detached bungalow with GARAGE, DRIVEWAY and lovely, manageable GARDEN. Close to Wootton rec and popular dog walks. IN NEED OF SOME REFURBISHMENT.
CHAIN FREE Double glazed front door leading in to entrance porch Radiator Lounge 4.20 m x 4.30 m (13'9" x 14'1") Double glazed window to front, radiator, gas fire ( Please be aware disconnected and flue is open into loft space ) Kitchen 3.50 m x 2.40 m (11'6" x 7'10") Double glazed window to front, a range of wall and floor units.
Stainless steel sink and drainer. Valiant boiler. Double glazed door to side Bedroom 1 3.40 m x 3.90 m (11'2" x 12'10") Double glazed window to rear.
Radiator Bedroom 2 2.50 m x 3.40 m (8'2" x 11'2") Double glazed window to rear. Radiator. Fitted wardrobe Bathroom White suite, bath, basin, low level wc. Storage cupboard.
Obscured double glazed window to side. Radiator. Rear garden Mainly laid to lawn with small patio and shed. Garage Up and over door
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 Rectory Drive, Wootton Bridge, Ryde
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