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 · PH2 0ED
Listing removedListed 140 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Simple Approach are delighted to welcome this bright and modern two bedroom ground floor flat on Friar Street, Perth to the residential market.
Set in the ever popular area of Craigie, this lovely apartment is close to all local amenities found in Perth's City Centre.
Both the Bus & Train Station as well as nearby Supermarkets, shops and two local Primary Schools are situated just minutes away.
The property comprises a good size lounge with neutral decoration and light carpeting, a bright galley kitchen looking out to the communal rear garden, two double bedrooms and a shower room.
This property also benefits from a private cupboard in the ground floor hallway and a further shared drying room.
Set on the ground floor, buyers are offered a home in a very sought after location in Perth in move-in condition.
Living Room (4.11 x 4.06 (13'5" x 13'3")) Kitchen (2.16 x 3.83 (7'1" x 12'6")) Bedroom One (5.38 x 2.70 (17'7" x 8'10")) Bedroom Two (4.29 x 2.22 (14'0" x 7'3")) Bathroom (1.37 x 3.64 (4'5" x 11'11"))
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
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.
Area
Agent & docs
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FAQ
About 44 / 11, Friar Street, Perth
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