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 work4-bedroom bungalow · RH20 3AQ
Sold STCListed 322 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In the same family ownership since 1969 and offered for sale for the first time since construction, this superb four/five-bedroom detached Chalet bungalow boasts myriad features ideal for contemporary family living.
Offered with no onward chain, this property presents a rare opportunity to acquire a versatile home with substantial potential for customisation and expansion, subject to obtaining the necessary planning permissions.
Upon entering, you are greeted by a spacious entrance hall with the luxury of a large under stair storage for coats, shoes and other bits and pieces, setting the tone for the generous proportions found throughout.
The large kitchen, complete with a separate utility room, offers ample space for dining, while the adjoining open plan living/dining room, enhanced by a central open fireplace, provides a welcoming ambience for both relaxation and entertaining.
The dining room conveniently allows access to the outside, seamlessly extending the living space during the warmer months.
The ground floor further offers the flexibility of a potential fifth bedroom, which could alternatively serve as a study or snug, catering to the varied needs of modern living.
Ascend the stairs to the large landing, leading to the sleeping quarters comprising of well-appointed bedrooms, each offering great space and integrated storage, with the principle bedroom providing an en-suite shower room.
The property benefits from oil central heating, ensuring warmth and efficiency in the colder months.
Externally, the property features a fantastic wrap-around garden with a patio area, providing a private outdoor with mature trees and hedgerows.
In addition, the driveway offers parking for several vehicles, complemented by a double garage, providing convenience for residents and guests alike.
Situated in a prime location, this property is ideally positioned near local amenities, schools, and scenic countryside walks, offering a desirable blend of convenience and tranquillity.
In summary, this property presents an exceptional opportunity to create a bespoke family home in a sought-after location, offering a lifestyle of space, versatility, and potential for further enhancement.
"Mansell McTaggart for themselves and the vendors/landlords of this property, whose agents they are, give notice that: (1) These particulars are produced in good faith and are set out as a general guide only and do not constitute any part of a contract.
(2) All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given without responsibility.
(3) Any intending purchasers/tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
(4) In accordance with the Digital Markets, Competition and Consumers Act 2024, all known material information regarding the property (including Part A, B, and C information) has been provided to the best of our knowledge.
(5) No person in the employment of Mansell McTaggart has any authority to make or give any representation or warranty whatsoever in relation to this property." EPC Rating: E
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

FAQ
About Gorse Bank Close, Storrington, RH20
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