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 · CR8 4LN
Listing removedReduced £40k (−5%) on 21 JunListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Unique Imposing Home Sitting On a Wide Landscaped Plot - Chain Free.
Set behind a notably wide frontage, this attractive detached bungalow offers flexible accommodation with further potential to enhance or reconfigure.
The property opens into a central entrance hall providing access to all principal rooms.
To the rear, a spacious reception room forms the heart of the home, enjoying pleasant views over the garden and direct access into a bright conservatory, ideal for both everyday living and entertaining.
The kitchen is positioned adjacent to the reception space and is complemented by a separate utility room, offering additional storage and practical workspace, with convenient access through to the garage.
There are two well-proportioned double bedrooms on the ground floor, both served by family bathroom facilities, creating flexible accommodation suitable for a range of buyers.
Upstairs, a further bedroom benefits from its own private shower room area and useful eaves storage, making it an ideal guest suite or home office.
Externally, the property boasts a secluded rear garden with patio area providing excellent outdoor space.
The integral garage and wide frontage allow for ample off-street parking and enhance the home’s overall sense of space and presence.
Overall, this is a versatile bungalow combining generous internal accommodation with a broad plot, offering both immediate comfort and exciting future potential.
Transport and location: Reedham Station is just a short walk away, Purley mainline station is also close at hand, you can take your pick from Victoria, Kings Cross, St Pancras or London Bridge as direct destinations.
Alternatively, Gatwick Airport is just 26 minutes in the other direction.
Road links are excellent too, with the A23 a matter of minutes away, providing fast, easy access to London, the South Coast and the M25.
There are a number of excellent schools within close proximity including the very popular St.
David's, Wallington Girls, Wilson’s, Whitgift, John Fisher, Margaret Roper and Thomas Moore to name just a few.
If you’re feeling a little more active there are a number of local health and leisure clubs to choose from, whilst excellent golf courses, recreation grounds and other open spaces are all close by including the wide open spaces of Riddlesdown Common, Kenley Common and the recreational facilities of Kenley Airfield.
In Purley town centre there is a range of independent shops and Tesco Extra with late night shopping available, a little further afield is the Purley Way which offers a large selection of superstore outlets, major shopping department stores, from Ikea, M&S, Pets At Home, Curry's pc World, Sainsburys, tk Maxx, Next and Wing Yip plus many more, along with the wide choice of entertainment options.
Not far from the property you also have Coulsdon town centre, offering the smaller boutique retailers, along with a large Waitrose and Aldi.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About 32, Woodside Road, Purley
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