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 · NN11 8AN
For saleListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented two double bedroom first floor apartment | 50% shared ownership | quiet position close to parkland | spacious 16' lounge/diner | french doors & juliet balcony | allocated parking | EPC – B Stonhills are pleased to offer for sale this superbly presented two double bedroom first floor apartment, ideally positioned within a peaceful and tucked-away corner of the highly regarded Middlemore development.
Offered for sale on a 50% Shared Ownership basis, this home provides well-proportioned and modern accommodation throughout, making it an excellent opportunity for a first-time buyer or those looking to step onto the property ladder.
The property is particularly well served by a generous 16' lounge/dining room, featuring a double-glazed bay window, additional side window and French doors opening onto a Juliet balcony, creating a light, bright and inviting space in which to relax or entertain.
The accommodation also comprises a well-appointed fitted kitchen, two generously sized double bedrooms, and a contemporary family bathroom.
Further benefits include UPVC double glazing, gas central heating, secure intercom entry system and useful storage.
Externally, the property benefits from one allocated parking space, with additional visitor parking available within the immediate vicinity.
Situated in a quiet cul de sac position within Middlemore, yet conveniently located for the area's excellent range of amenities and transport links, this is a superb opportunity to acquire a stylish and well-maintained apartment in a desirable location.
Viewing is highly recommended to fully appreciate the quality, proportions and peaceful position this lovely apartment has to offer.
Entrance Hall Accessed via a communal front door into the well-maintained communal hallway, with stairs rising to the first floor.
The apartment is entered via a solid wooden door into a welcoming entrance hall, which features an intercom entry handset, radiator and useful storage cupboard with shelving and hanging space.
Doors lead to all accommodation.
Kitchen 9'5 x 6'6 2.90m x 2.03m A well-equipped fitted kitchen comprising a range of eye and base-level units with rolled-edge work surfaces over, inset gas hob with extractor hood above and inset stainless steel sink and drainer with mixer tap.
There is space for a full-height fridge/freezer and plumbing and space for a washing machine.
Further features include tiled splashbacks, double-glazed window to the front aspect, radiator and cupboard housing the central heating boiler.
Living/dining room 16' x 11'4 4.98m x 3.50m A particularly impressive and spacious 16' lounge/dining room, offering an excellent principal living and entertaining space.
The room enjoys plenty of natural light from a double-glazed bay window to the front, additional side window and double-glazed French doors opening onto a Juliet balcony.
Two radiators complete the room. Bedroom one 12'7 x 11'1 3.90m x 3.45m A generous double bedroom featuring a double-glazed window to the side aspect and radiator.
Bedroom two 9'5 x 8'5 2.90m x 2.60m A further well-proportioned double bedroom with double-glazed window to the side aspect and radiator.
Bathroom 6'7 x 5'8 2.06m x 1.78m Fitted with a white three-piece suite comprising low-level WC, pedestal wash hand basin and panel bath with electric shower over.
The room further benefits from tiled splashback areas, radiator, electric shaver point, extractor fan and recessed spotlights.
Outside and parking The property benefits from one allocated parking space, together with additional visitor parking available within the immediate area.
Shared ownership and charges The property is offered for sale on a 50% Shared Ownership basis through Orbit Housing Association. The property can be staircased to a maximum of 80% ownership.
The current approximate monthly costs are: Rent: £200.46 per month Service Charge: £200.74 per month Management Charge: £20.06 per month Ground Rent: £12.50 per month Total Monthly Costs: £433.76 EPC Rating: B
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
.gif)
FAQ
About 27, Hanbury Close, Daventry
Explore nearby