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 · GL2 2BJ
Sold STCReduced £7.5k (−6%) on 25 OctListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Immaculate One Double Bedroom First Floor Apartment in Kingsway An immaculately presented first floor one double bedroom apartment, perfectly suited to first-time buyers and ideally located in the popular Kingsway area, close to local shops, amenities and transport links.
The property is accessed via a welcoming entrance hallway which leads to a spacious double bedroom, a well-appointed bathroom, and a bright open-plan living, kitchen and dining area.
Beautifully maintained by the current owner, the apartment is offered in excellent condition throughout, making it a perfect move-in-ready home for buyers seeking a property requiring no updating.
Further benefits include an allocated parking space, adding convenience and practicality to this attractive home. Lease Length -In the process of being extended to 170 years .
Management fee is £140 per month.
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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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 Thatcham Avenue Kingsway, Quedgeley, Gloucester, GL2 2BJ
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