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 · BT45 5JF
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroom detached chalet bungalow with garage in need of modernisation Benefits from a large spacious private site on the highly desirable Coolshinney Road on the edge of Magherafelt town Conveniently located within walking distance of local schools and town amenities Windows double glazed in PVC frames This is a superb opportunity to acquire a property on the well regarded Coolshinney Road offering excellent potential and the opportunity to create a home tailored to your own taste and style, in a superb and sought-after location.
Entrance Porch With tiled floor. Hallway With carpet floor, storage cupboard. Living Room With carpet floor, fireplace, tv point.
Kitchen & Dining With eye & low-level units, stainless steel sink and drainer unit, walls part tiled.
Bedroom 1 (Currently used as a dining room) With carpet floor. Downstairs Wc With wc & whb. Bedroom 2 With carpet floor. Bedroom 3 With carpet floor, storage cupboard.
Bathroom With wc, whb, bath, walls part tiled. Gardens Garden to both front & rear laid in lawn with mature trees and hedging, patio paved area to rear. Driveway to front of property.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
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 22 Coolshinney Road, Magherafelt, BT45 5JF
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