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 terraced house · SO31 6SY
Listing removedListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
W&W are delighted to offer for sale this well presented two bedroom terraced home offered with no chain ahead. The property boasts two bedrooms, lounge, kitchen/dining room & modern main bathroom.
Outside, the property enjoys a rear landscaped garden & allocated parking.
Pennycress is a quiet cul de sac ideally situated with Locks Heath Centre just a 15 minute walk away providing a variety of shops and amenities including a large Waitrose.
Tesco express is also within walking distance as are Locks Heath Junior & Infant Schools.
Well presented two bedroom terraced home No chain ahead Lounge with window to the front Modern re-fitted kitchen/dining room enjoying quartz effect worktops, attractive matte cabinets, door opening out to the rear garden & built in understairs storage cupboard Integrated appliances include oven and hob with fridge/freezer, washing machine and tumble dryer to remain Main bedroom with twin windows to the front Guest bedroom Modern re-fitted main bathroom comprising three piece white suite with attractive wall/floor tiling Landscaped rear garden enjoying decked sun terrace, shingled area with display shrubbery, shed to remain & rear access Tandem parking for two vehicles nearby Additional Information - Property construction - Traditional brick build Electricity supply - Mains Water supply - Mains Sewerage - Mains Heating - Gas central heating Broadband - There is broadband connected to the property Please check here for potential broadband speeds - The current seller informs us that they have mobile signal and are no current black spots.
Please check here for all networks -
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 Pennycress, Locks Heath
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