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 terraced house · ME7 3PW
Sold STCListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive and smartly presented extended property, this home offers an ideal opportunity for any first-time buyers seeking a comfortable and well-located property.
With its thoughtful extension and modern features, this house provides a seamless blend of contemporary living and everyday convenience.
You are initially greeted by an open entrance hall which leads to a spacious and light 15ft lounge, a perfect room for relaxing after work or chilling at the weekends.
This flows into an adjoining open-plan dining area, creating a versatile space for entertaining friends and family.
The separate kitchen offers a functional and well-appointed area for those who are keen to coendure up a tasty diner. To the first floor, a landing leads to two comfortable bedrooms.
Bedroom 1 is generously proportioned, providing a peaceful retreat. Bedroom 2 offers a flexible space, suitable for guests, a home office, or a personal sanctuary.
A modern bathroom suite completes the first floor, ensuring comfort and practicality.
Outside, the property benefits from a low-maintenance, private westerly-facing rear garden, ideal for enjoying the afternoon sun without extensive upkeep.
A useful detached garden outbuilding provides additional storage or potential for a home office.
For convenience, there is a driveway offering off-street parking for one vehicle and being located in the highly sought-after Hempstead area, this home is close to a selection of shops, local amenities, and excellent motorway links and easy access to surrounding areas.
ROOM SIZES - GROUND FLOOR Open Entrance Hall Lounge - 4.57m x 3.78m (15'0" x 12'5" at longest point) Dining Area - 2.87m x 2.59m (9'5" x 8'6") Kitchen - 2.74m x 1.52m (9'0" x 5'0") FIRST FLOOR Landing Bedroom 1 - 3.53m x 2.44m (11'7" x 8'0") Bedroom 2 - 2.51m x 2.26m (8'3" x 7'5") Bathroom OUTSIDE Rear Garden - Westerly Facing Outbuilding - 2.9m x 1.68m (9'6" x 5'6") Driveway - One Vehicle
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.
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About A Smartly Presented & Extended Property - A Perfect First Home In Hempstead
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