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 · IP33 2FB
For saleListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb first floor retirement apartment, forming part of Lydgate Court, a purpose-built development designed exclusively for the over 55s.
Offered for sale with no onward chain, the property has been freshly decorated with brand-new carpets and provides bright, spacious and energy-efficient accommodation with gas-fired central heating and uPVC sealed unit glazing.
The sitting room is a generous size with space for dining and a Juliette balcony, while the fitted kitchen includes integrated appliances.
There are two good-sized bedrooms, including a principal bedroom with fitted storage, en suite shower room and a further Juliette balcony, plus an additional bathroom.
Residents benefit from secure entry, emergency intercom system, lifts, communal gardens, parking, residents’ lounge and library/meeting/games room.
EPC Rating: B Sitting Room 3.33m x 4.65m The sitting room is a lovely size and could easily accommodate a dining table and has a glazed door opening to a Juliette balcony.
Kitchen 2.26m x 2.59m The kitchen includes an integrated fridge freezer, double oven, hob, hood and washer/dryer.
Bedroom 1 2.57m x 5.18m The master bedroom, which includes an en suite shower room, has fitted overbed storage, a built-in double wardrobe and French doors opening onto a further Juliette balcony.
En Suite 1.73m x 1.83m Bedroom 2 2.51m x 3.43m Bedroom 2 is also of a good size and includes excellent fitted floor-to-ceiling wardrobes.
Bathroom 1.98m x 2.24m Communal Facilities Lydgate Court is set in communal gardens with communal parking. Lease Details The property has a 299 year lease running from 2009.
There is an annual Ground Rent of £250 pa and a Service Charge of around £4,149.92 pa.
This charge covers building insurance, water use and rates, window cleaning, gardening, upkeep of all communal areas, Residents lounge, lifts to all floors and security/emergency system.
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 Abbots Gate, Lydgate Court Abbots Gate, IP33
Explore nearby