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 · DY10 2PN
Listing removedListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold, 105 years remaining No Ground Rent Service charges are £1070.00PA TENANT IN SITU Income is £8400.00PA ****ONE BEDROOM GROUND FLOOR APARTMENT****GAS CENTRAL HEATING****DOUBLE GLAZING****LONG LEASE****OFF ROAD PARKING****CLOSE TO SPRINGFEILD PARK****KIDDERMINSTER TRAIN STATION & TOWN CENTRE WITH-IN WALKING DISTANCE**** Comprising entrance hallway, dining lounge, kitchen, bathroom and bedroom.
Council Tax Band: A Tenure: Leasehold (105 years) Ground Rent: £0 per year Service Charge: £1,070 per year Entrance hall Door to communal entrance, wall mounted intercom system, ceiling light, coving to ceiling, built-in cupboard housing gas central heating boiler (new boiler fitted August 2023), further built-in cupboard and doors to various rooms.
Lounge/diner Dining Lounge 20' 11" max x 11' 11" into bay ( 6.38m max x 3.63m into bay ) Double glazed bay window and further double glazed window, two ceiling lights, coving to ceiling, built-in storage cupboard, wall mounted electric fire, two gas central heated radiators and opening to kitchen.
Kitchen Kitchen 7' 8" max x 7' 4" max ( 2.34m max x 2.24m max ) Double glazed window, ceiling light, range of wall, drawer and base units, one and a half bowl sink with mixer tap, worktops, tiled splashbacks, cooker hood, gas hob, electric oven, plumbing for washing machine and space for fridge freezer.
Bedroom 1 Bedroom 13' 4" x 9' 4" ( 4.06m x 2.84m ) Double glazed window, ceiling light and gas central heated radiator.
Bathroom Ceiling light, extractor fan, low level wc, pedestal wash hand basin, bath with shower over, tiled splashbacks, gas central heated radiator and wood effect floor.
Outside Parking for one car
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
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FAQ
About Flat 1 15 Stourbridge Road Kidderminster
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