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 house · SN3 5EB
Listing removedReduced £5k (−2.3%) on 18 JulListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the ever popular Covingham area, this well presented two bedroom end of terrace home offers an excellent opportunity for first-time buyers and investors alike, combining practical living space with a convenient location.
Upon entering the property, you are welcomed by a bright entrance hall. The kitchen is thoughtfully arranged, providing workspace and storage.
To the rear, a generously sized living room creates a comfortable and versatile space for relaxation, complete with a door opening directly onto the low-maintenance rear garden perfect for enjoying warmer months with minimal upkeep.
Additional storage beneath the stairs enhances the home’s practicality. Upstairs, the property continues to impress with two well proportioned double bedrooms.
The principal bedroom benefits from two built-in storage cupboards, offering excellent storage options. A modern family bathroom completes the first floor, finished to a contemporary standard.
Externally, the property enjoys the added advantage of an allocated parking space, ensuring convenience for homeowners and visitors alike.
Ideally positioned, the home is within close proximity to local schools, shops, and everyday amenities, while also offering excellent transport links via the A419 and Junction 15 of the M4.
This combination of comfort, convenience, and location makes the property a superb choice for those looking to step onto the property ladder or expand their investment portfolio.
Parking - Allocated Parking
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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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 28 Lapwing Close, Swindon
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