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 · DE5 9SX
Listing removedListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
- IMMACULATELY PRESENTED MODERN DETACHED BUNGALOW IN QUIET CUL-DE-SAC LOCATION - NO UPWARDS CHAIN - TWO DOUBLE BEDROOM DETACHED BUNGALOW WITH MODERN KITCHEN/DINER, SHOWER ROOM, CONSERVATORY OVERLOOKING A PRIVATE GARDEN AND OFF ROAD PARKING - SMARTMOVE HOMES are delighted to bring to the market this stunning bungalow briefly comprising of a wide entrance hallway, modern fitted kitchen/diner, modern shower room, two double bedrooms, spacious living room and conservatory.
Outside there is a private and enclosed garden with patio seating area, off road parking for two vehicles side by side to the front. To book an internal inspection please contact SMARTMOVE HOMES.
GROUND FLOOR ENTRANCE HALL Door to front elevation and central heating radiator.
KITCHEN 16' 4" x 8' 1" (4.98m x 2.46m) Window to front elevation, central heating radiator, matching wall and base units with complimentary worktops and tiled splashbacks.
Built in electric oven, gas hob, extractor fan, dishwasher, fridge freezer and washing machine. BEDROOM TWO 9' 3" x 9' 1" (2.82m x 2.77m) Window to front elevation and central heating radiator.
SHOWER ROOM Window to side elevation, heated towel rail, double walk in shower, low level WC and wash hand basin.
MASTER BEDROOM 14' 11" x 10' 0" (4.55m x 3.05m) Window to rear elevation and central heating radiator.
LIVING ROOM 16' 5" x 11' 1" (5m x 3.38m) Patio doors leading to conservatory and central heating radiator.
CONSERVATORY 11' 1" x 10' 0" (3.38m x 3.05m) Brick built conservatory with doors to side elevation and central heating radiator.
OUTSIDE REAR GARDEN Fully enclosed rear garden with patio area and wooden shed, Outside water and lighting. OFF ROAD PARKING Block paved driveway providing off road parking for two cars.
OTHER INFORMATION TENURE: FREEHOLD EPC - B
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
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FAQ
About Old Gate Close, Codnor, Ripley
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