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 house · TA1 1DX
Sold STCReduced £5k (−5.9%) on 11 JunListed 393 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In this popular over 55's development within a few minutes’ walk of the town centre is this well presented, first floor double bedroomed riverside apartment with door to South facing balcony, use of communal lounge and guest suite for visitors, residents parking and communal gardens.
No onward chain. The accommodation comprises Entrance Hall with useful store, Living Room with door to South facing Juliet balcony, Fitted Kitchen and Shower Room.
Leasehold - Lease term 125 years from July 1994, 95 years remaining - The service charge and ground rent combined is understood to be approximately £2,400 per annum (2023-2024), as advised by the seller.
This figure may vary and is subject to annual review and/or adjustment. Full details will be confirmed via the management company and the seller’s solicitors during the conveyancing process.
- Service charge/ ground rent review date - April 2026 - Council tax band B - Mobile availability - visit checker.ofcom.org.uk for specific details.
- What3words: ///rewarding.slip.race For clarification, we wish to inform prospective purchasers that: these particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, nor constitute part of, an offer or contract; all descriptions, dimensions, references to condition and necessary permission for use and occupation and other details, are given without responsibility and any intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
No person in the employment of Robert Cooney has any authority to make or give any representation or warranty whatever in relation to this property; we have not carried out a detailed survey nor tested the services, appliances and specific fittings.
Entrance Hall Store Living Room 10.67ft x 19.75ft South facing balcony Fitted Kitchen 4.67ft x 7.58ft Master Bedroom 9.08ft x 15.83ft Shower Room
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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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.
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