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 · ME4 3HB
Listing removedListed 534 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free, Nestled in the picturesque setting of Watersmeet on Restharrow Way, St Marys Island, this modern apartment offers a delightful living experience.
With one spacious reception room, one well-appointed bedroom, and a contemporary bathroom, this property is perfect for individuals or couples seeking a comfortable home.
One of the standout features of this apartment is its spectacular marina views, which can be enjoyed from the south facing balcony.
This outdoor space is ideal for relaxing with a morning coffee or unwinding after a long day, all while taking in the serene surroundings.
The property also benefits from a designated parking space, providing convenience for those with a vehicle.
Being chain free, this apartment presents an excellent opportunity for a smooth and hassle free purchase.
Whether you are looking for a new home or a smart investment, this modern apartment in St Marys Island is sure to impress with its appealing features and stunning views.
Don't miss the chance to make this charming property your own. EPC Rating B. Council tax band B. 194 year lease. Service charge £3064 approx, which has been paid until March 2026. No Ground Rent.
Entrance Hall Open Plan Lounge Kitchen Lounge (3.434 x 3.553) Kitchen (2.076 x 2.206) This measurement includes the fitted units Bedroom (3.268 x 3.538) Bathroom (2.112 x 2.082) This measurement includes the fitted bathroom suite Balcony 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
FAQ
About 31, Watersmeet, St Marys Island
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