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 work1-bedroom bungalow · HU19 2BL
Listing removedReduced £1.5k (−2.3%) on 12 SepListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Self-contained one bedroom end of terrace bungalow located on a pedestrianised row of bungalows accesed from Railway Crescent, just a stones throw from the centre of town, with easy access to the shops and beach.
Built circa 2013 to modern building control specifications and finished to a high standard with modern fitted kitchen & shower room; providing a low maintenance and affordable option for anyone wanting to downsize or have a holiday home by the seaside.
With uPVC glazing and gas central heating in place the accommodation comprises: Open plan kitchen living room, double bedroom and shower room.
Kitchen Living Room (3.70 (4.25 to alcove) x 5.00 (12'1" (13'11" to alc) Open plan room with a fitted kitchen to one side and living space at the opposite end.
Fitted with a range of cream base and wall units with complementing squared edged wood effect work surfaces and tiled splash backs.
Inset stainless steel sink and drainer with mixer tap, fitted electric oven and electric hob with extraction fan, plumbing for a washing machine and space for a vertical fridge freezer.
Laminate flooring, wo uPVC windows, uPVC entrance door, radiator and a wall mounted gas combi-boiler.
Bedroom (2.40 x 3.00 (7'10" x 9'10")) Double bedroom with side facing uPVC window, radiator and laminate flooring.
Shower Room (1.85 x 1.95 (6'0" x 6'4")) White three piece suite comprising quadrant shower cubicle with mains fed shower unit, WC and basin. Tiled splash backs, vinyl flooring and radiator.
Agent Note Parking: On-street parking only, with no permit required. Heating & Hot Water: Both are provided via a gas-fired boiler.
Mobile & Broadband: We understand that mobile coverage and fibre-to-the-premises broadband are available.
For more information on providers, predicted speeds and mobile coverage, please visit the Ofcom checker. Council Tax Band: A. Utilities: The property is connected to mains gas and mains drainage.
Tenure Information: The property is being sold with a tenant in situ, currently paying £500 pcm and £6000 per annum, making it an ideal investment opportunity.
Stamp Duty: The purchase of this property may be subject to Stamp Duty charges. Please see the link below for further information and to calculate the applicable amount.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About 7, Butchers Place, WITHERNSEA
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