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 · PO22 6LE
Sold STCReduced £30k (−14.3%) on 26 OctListed 318 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented two bedroom end of terrace bungalow is situated in the Elmer Sands private estate and just a short walk to the beach.
Now offered for sale with the advantage of no onward chain, this property is ideal for downsizers or those looking for an inexpensive holiday home close to the beach.
The accommodation briefly comprises: Double glazed entrance porch leading into the open plan sitting room and kitchen area, which has a bay fronted window and is west facing.
The shower room has a white modern suite and is also tiled. Both bedrooms are westerly facing and overlook the communal area.
The property has been recently redecorated with some new flooring recently laid. The bungalow also benefits from double glazing, electric heating and parking.
To the front of the property, there is a west and south facing communal garden which has a paved patio area that gives way to lawn and there is a path which leads to the parking area.
A viewing is highly recommended to appreciate the accommodation on offer and the location of the property. Tenure: Leasehold. We understand the lease is 189 years from 1st June 1987.
Maintenance Charge: We understand the maintenance charge is currently £175 per quarter. Ground Rent: We understand the ground rent is currently £100 p.a. EPC Rating: E
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
Agent & docs
FAQ
About Manor Way, Elmer, PO22
Explore nearby
