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 · M5 4YU
For saleReduced £10k (−3.7%) on 21 JunListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*2 bedroom apartment/ private balcony* Situated on the third floor of the sought-after Charcoal Building, this beautifully presented two-bedroom apartment offers modern living in a prime location.
The property features a bright and spacious open-plan living and dining area, designed for both comfort and entertaining, with direct access to a private balcony.
The contemporary kitchen is well appointed with sleek finishes and integrated appliances.
Both bedrooms are generously sized, offering excellent natural light and versatile space, ideal for professionals, couples, or small families.
A modern bathroom completes the interior, finished to a high standard.
Residents benefit from secure entry and a well-maintained communal environment, all within easy reach of local amenities, transport links, and green spaces.
Early viewing is highly recommended to appreciate the quality and lifestyle this apartment offers.
EPC - B ct - C Lease: Commences from 01 July 2018 for 999 years, so just just over 991 years remaining.
Service Charge : £2774.44 per year; charged quarterly at £693.61 Review date should be annually around April.
Building Insurance costs included within service charge Ground Rent: Charged annually at £325
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
.png){kind=logo}
FAQ
About 303, Charcoal Building, Middlewood Locks
Explore nearby
