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 house · CV35 9SF
Listing removedListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extremely well presented one bedroom first floor retirement apartment for the over 60's in a secure complex boasting a central village location and access to communal gardens backing onto open fields.
The McCarthy and Stone accommodation comprises of living - dining area, kitchen, spacious double bedroom with walk in wardrobe and shower room. EPC Rating C.
Accommodation - Entrance leading into the hallway equipped with an intercom system and access to a walk-in storage and boiler cupboard.
Proceeding into the dual-aspect living and dining room, which allows plenty of natural light from two front facing windows and features a Juliette balcony on the side that offers views of open fields.
There are provisions for a TV and telephone connection. The 'L' shaped layout provides ample space for a dining table. Door into the kitchen area which is fitted with cupboards and work surfaces.
Inset stainless steel sink and drainer with window overlooking the front aspect. Integrated fridge-freezer, eye level oven, hob with extractor above and dishwasher.
From the hallway into a spacious primary bedroom with window overlooking front aspect.
There is a door leading to a walk-in wardrobe that features fitted shelving and hanging space, along with an additional versatile area suitable for extra wardrobes, a dressing area, or a reading nook, among other uses.
The wet room has floor to ceiling tiling with shower door, shower unit, wc and vanity wash hand basin. Wall mounted heated towel rail and extractor fan.
Homeowners Communal Lounge - A large space on the ground floor with plenty of seating areas to socialise with your neighbours and friends and also has access to a kitchen area.
Outside - Accessed from the communal lounge, a secure and well-maintained landscaped gardens offering semi rural views, primarily laid to a lawn with established borders with a patio that includes a seating area.
The complex benefits ample parking facilities to the front set back behind gates. Salmon Court operates a parking permit scheme for designated homeowners wishing to purchase a permit.
There are designated car parking spaces designated for visitors to park. General Information - TENURE: The property is understood to be Leasehold with 87 years remaining.
This should be checked by your solicitor before exchange of contracts. CHARGES: There is an annual ground rent of £425 and an annual service charge of £4,507.52.
The service charge includes the apartment underfloor heating, buildings insurance, garden maintenance, window cleaning, water and sewerage, communal cleaning and emergency call system.
Full details of what the annual service charge covers can be supplied on request. SERVICES: We have been advised by the vendor that electricity, water and drainage are connected to the property.
However this should be checked by your solicitor before exchange of contracts. Underfloor heating.
RIGHTS OF WAY: The property is sold subject to and with the benefit of any rights of way, easements, wayleaves, covenants or restrictions etc. as may exist over same whether mentioned herein or not.
COUNCIL TAX: Council Tax is levied by the Local Authority and is understood to lie in Band B. CURRENT ENERGY PERFORMANCE CERTIFICATE RATING: C.
A full copy of the EPC is available at the office if required. VIEWING: By Prior Appointment with the selling 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
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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 Apartment 16 Salmon Court, Stratford Road, Wellesbourne, Warwick
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