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 work1-bedroom flat · NN1 3PZ
For saleReduced £5k (−4.8%) on 25 OctListed 425 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
MODERNISED THROUGHOUT. Representing an excellent first time or investment purchase is this first floor apartment situated in the central NN1 district of the town with local amenities close by.
This Victorian property backs on to the town's historic Racecourse and is divided into five flats.
A communal entrance door and stairs leads to the main accommodation featuring entrance hall, open plan kitchen/diner area, one double bedroom, separate living and a bathroom. Electric heaters.
NO ONWARD CHAIN. EPC Rating: D. Council Tax Band: A. ENTRANCE AREA Entrance door into kitchen/dining area. Door to bedroom, lounge and shower room. Consumer unit.
KITCHEN/DINING ROOM 3.61m x 3.41m (11'10" x 11'2") Gloss wall mounted and low level cupboards with wooden work surface over. Electric heater. Two double glazed window to rear elevation.
Stainless steel sink and drainer. Electric oven, hob and extractor fan. LOUNGE 3.77m x 2.16m (12'4" x 7'1") Fitted wardrobes. Two windows to front elevation. Electric Heater.
SHOWER ROOM Window to side elevation. Wet room with shower. Low level WC. Wash hand basin. BEDROOM 2.36m x 1.73m (7'9" x 5'8") Two double glazed windows to front elevation. Electric Heater.
Fitted wardrobes. PARKING On street parking.
LEASE INFORMATION We have been advised of the following: -Service Charge - £1560 PA Review Date - TBCGround Rent: £52 PALength of Lease: 996 years remaining on lease.This information would need to be verified by your chosen legal representative.
MATERIAL INFORMATION Type - Apartment Age/Era - Ask Agent Tenure - Leasehold Ground Rent - Ask Agent Service Charge - Ask Agent Council Tax - Band A EPC Rating - D Electricity Supply - Mains Gas Supply - No Gas Water Supply - Mains Sewerage Supply - Mains Broadband Supply - Ask Agent Mobile Coverage - Depends on provider Heating - Electric Heating Parking - No Parking Available EV Charging - Ask Agent Accessibility - Ask Agent Coastal Erosion Risk - Ask Agent Flood Risks - Has not flooded in the last 5 years Mining Risks - Ask Agent Restrictions - Ask Agent Obligations - Ask Agent Rights and Easements - Ask Agent
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Colwyn Road, The Mounts, NN1 3PZ
Explore nearby
