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 · PO38 3JT
Listing removedListed 471 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Address: 2 Merryl Cottages Merryl Lane Godshill PO38 3JT We are acting in the sale of the above property and have received an offer of £241,000 Any interested parties must submit their offer in writing to the selling agent within 14 days of the date of this notice.
If no further acceptable offers are received during this period, the property will be marked as Sold Subject to Contract (sstc) and no further offers will be accepted while under this status.
Date of Notice: 12/12/2025 Spacious 3-Bedroom Semi-Detached Character Home on a Large Plot If you're looking for a character home full of charm, space, and potential – this could be the one.
This three-bedroom semi-detached house sits on a generous plot and benefits from two reception rooms and parking for three cars.
In need of modernisation throughout, this home would suit a buyer looking for a house with bundles of potential.
Located in the village of Godshill, there are plenty of amenities nearby including restaurants pubs and a regular bus route. Come take a look – it might just be what you’ve been searching for!
Freehold
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
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FAQ
About 2 Merryl Cottages,, Merryl Lane, Ventnor
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