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 · PO37 6PT
Listing removedListed 440 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with No Onward Chain!
Situated in one of the most sought after locations of Shanklin in the grounds of Westhill Manor this fully renovated 2 bedroom bungalow really must be seen to appreciate the spacious accommodation and superb setting.
The property offers contemporary open plan living with bi-fold doors out to a Sandstone terrace area opening to the mature gardens which wrap around three sides of the property.
To the front you will find ample off road parking and space for a motor home/caravan leading to a Garage.
The property is warmed by gas fired central heating via a recently fitted condensing boiler and has new double glazed windows and doors throughout.
At the bottom of the Westhill Manor development is the Cricket Ground with club house which opens to guests, a little further is the pretty "Old Village" area of Shanklin as is the Beach and Esplanade.
Close by are also some truly wonderful countryside walks. We would encourage a viewing to really appreciate such a wonderful home.
Entrance Hall Lounge/Diner (5.99m x 3.20m (19'8 x 10'6)) Bi-fold doors to Terrace area.
Opening to Kitchen/Breakfast Room (4.17m x 3.30m (13'8 x 10'10)) Fully integrated appliances Bedroom 1 (4.11m x 3.38m max (13'6 x 11'1 max)) Bedroom 2 (3.20m x 2.79m (10'6 x 9'2)) Shower Room (2.29m x 1.83m (7'6 x 6')) Fitted with a three piece suite Garage (5.28m x 2.41m (17'4 x 7'11)) With power Outside To the front of the property there is a gravelled drive way, providing ample off road parking (our vendor has a motor home parking area as well as vehicle parking), with gated access through to the front and side gardens which are mainly laid to grass and with a Sandstone terrace area and raised borders and mature shrubs.
The rear garden is mainly laid to lawn with some lovely mature trees and enclosed by timber fencing. Tenure Freehold Services All mains available Council Tax Band D
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.
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About Penn, Westhill Manor, Shanklin
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