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 bungalow · CO5 0RR
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £475,000 - £500,000 David Martin Estate Agents are delighted to offer for sale this spacious detached bungalow, set on a substantial plot approaching a quarter of an acre.
The property offers a rare opportunity to create a dream home, with ample scope to extend, reconfigure, or modernize, subject to planning permission.
Inside, the bungalow currently comprises a lounge, dining room, conservatory, kitchen/diner, utility room, cloakroom, bathroom, and two double bedrooms.
Externally, the property boasts a large rear garden, a driveway to the front and side provides plenty of off-road parking, and a detached garage.
Fitted with gas central heating and being sold with no onward chain, this property represents a rare opportunity to acquire a spacious home with substantial potential on a generous plot in a sought-after location.
ENTRANCE HALL Enter the property via a part glazed entrance door to side aspect, radiator.
LOUNGE 17' 06" x 11' 01" (5.33m x 3.38m) Window to side, radiator, fireplace with inset gas fire (untested), sliding doors to: DINING ROOM 11' 01" x 9' 09" (3.38m x 2.97m) Windows to rear and side, radiator.
CONSERVATORY 11' 10" x 7' 11" (3.61m x 2.41m) Windows to rear and side, door to garden, radiator.
KITCHEN/DINER 16' 03" x 11' 03" (4.95m x 3.43m) Two windows to side, fitted with wall and base units incorporating a sink with drainer and mixer tap, space for freestanding cooker, airing cupboard, built in cupboard, radiator, door to: UTILITY ROOM 11' 01" x 5' 05" (3.38m x 1.65m) Window to side, base unit with inset sink, space for washing machine, tiled floor, floor standing gas fired boiler.
HALLWAY Radiator. BATHROOM Window to side, shower cubical, panel enclosed bath, low level W.C, hand wash basin, radiator, fully tiled walls.
CLOAKROOM Window to rear, radiator, hand wash basin, low level W.C. BEDROOM ONE 15' 05" x 11' 01" (4.7m x 3.38m) Window to front, radiator, built in wardrobe.
BEDROOM TWO 15' 05" x 11' 01" (4.7m x 3.38m) Window to front, radiator.
OUTSIDE FRONT Gated driveway to the front and side of the property providing off road parking, generous side access on both sides of the property leading to the rear garden.
GARAGE Single detached garage with up and over door. REAR GARDEN Large rear garden with patio area to the rear of the property, rest mainly laid to lawn, sheds and greenhouse to remain.
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 D'arcy Road, Tolleshunt Knights
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