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 flat · LN4 2TS
For saleReduced £36k (−28.8%) on 26 OctListed 1984 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the second floor with a walkway overlooking the front of the building. Access is either via a lift or staircase.
ENTRANCE HALL With fitted carpet, thermostatically controlled radiator, smoke detector, coat hooks and large store cupboard LOUNGE 16' 3" x 13' 1" (4.96m x 4m) This spacious lounge benefits from a feature fireplace housing the electric fire, wall lights and matching centre light, fitted carpet and radiator.
KITCHEN 8' 0" x 10' 7" (2.44m x 3.23m) A range of well fitted units with built in eye level Zanussi oven and 4 ring gas hob to one side with extraction unit above and a range of drawers below.
Wall mounted Worcestshire combi boiler with worktops continuing along the wall under the window housing sink and drainer unit. Integral Zanussi washing machine below, vinolay to floor.
BEDROOM 1 12' 2" x 11' 4" (3.72m x 3.46m) Boasting a separate dressing area, the bedroom has built in cream wardrobes with matching cupboards and chest of drawers included, fitted carpet and radiator BEDROOM 2 8' 9" x 10' 5" (2.68m x 3.20m) having window to the front elevation, fitted carpet and radiator BATHROOM 8' 0" x 8' 0" (2.45m x 2.44m) Having a pedestal wash hand basin, WC, bath with electric shower over and extractor fan, panel heater and wall mounted bathroom cabinet, the walls are part tiled and vinolay flooring.
SERVICE CHARGE The property is leasehold with a 99 year lease from 1998. The service charge is £643.86pcm plus £20 for the water.
The charge includes 24 hour call out, window cleaning, buildings insurance, domestic assistance for 1.5 hours per week.
The complex also comes with communal lounges/restaurant along with a laundry room.
For more information on services available please go to court OUTSIDE The Retirement village is approached through electric gates off York Way and offers ample car parking to residents and visitor alike with picturesque and peaceful communal gardens.
The apartment block has 2 lifts and stairs for those who prefer the exercise SERVICES Mains electricity, water, drainage and gas are connected to the property.
Central heating is provided to a radiator system from a gas fired boiler. The property is double glazed throughout. None of the service installations within the property have been tested.
TENURE We understand that the property is Leasehold, with a 99 year lease from 1998. Vacant possession will be given upon completion.
VIEWINGS Strictly by prior appointment through the Agents office on ANTI MONEY LAUNDERING King & Co are required to formally identify all parties to a transaction and will therefore, when negotiating a Sale, require to see proof of identification, e.g.
Passport or Driving License / Utilities Bill, to conform with the Money Laundering Regulations 2003 and the Proceeds of Crime Act 2002.
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 Minster Court , Bracebridge Heath
Explore nearby