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 · BS15 3FS
For saleListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-positioned ground floor apartment within this popular McCarthy Stone Retirement development for over 70's. Sold with No Chain.
The apartment offers plenty of storage with a walk-in storage room in the entrance hall which also houses the boiler.
This leads through to a spacious living room which benefits from doors opening directly onto a private patio area and the attractive communal gardens, creating a pleasant space to relax and chat with other residents.
The modern fitted kitchen features a high-gloss finish and is equipped with a low-level oven and hob and a slimline dishwasher.
The spacious bedroom includes fitted wardrobes, providing excellent storage, while the contemporary shower room completes the accommodation.
The apartment is equipped with a 24-hour emergency call facility and sophisticated intercom system providing both a visual and verbal link to the main development entrance.
On the ground floor there is a welcoming reception area leading to the communal resident’s lounge with bistro, which is open 7 days a week serving delicious hot & cold food with further options for apartment delivery available.
There is residents car park with spaces available to rent or buy. Further benefits include a function room, laundry room, hair salon, mobility scooter storage and much more.
The lift provides access to all floors. Magpie Court is a stunning development built by multi award-winning retirement specialist McCarthy Stone.
A ‘Retirement Living Plus’ development designed for independent living for those aged over 70 years.
It is easy to make new friends and to lead a busy and fulfilled life at Magpie Court; there is a growing list of regular activities to choose from.
The development is just 0.2 miles from Magpie Bottom Nature Reserve, which has peaceful woodlands, parks, and streams making it perfect for a leisurely walk.
Hanham High Street is 0.5 miles away where you’ll find a range of amenities including bakeries, supermarkets, pubs, restaurants, and a Post Office.
There is also a Library and local Community Centre, which holds regular events and activities.
Management Cost: £10,613.52pa (£884.46pm) Ground Rent £425pa (paid 1/2 yearly at £217.50) Council Tax Band C Should you wish to proceed with an offer on this property, we are obliged by hmrc to conduct mandatory Anti Money Laundering Checks.
We outsource these checks to our compliance partners at Coadjute and they charge a fee for this service.
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 5, Magpie Court, Hanham
Explore nearby