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 · PE3 6AQ
Listing removedListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Top floor two bedroom flat in need of modernisation. Located in the city centre and just a 5 minute walk from train station and Queensgate. Ideal purchase for first time buyer or investor.
Kitchen lounge two double bedrooms bathroom hallway storage electric throughout single garage UPVC windows EPC Rating D / Council tax band B Well maintained communal gardens intercom entry system Leasehold Information: Length of lease remaining = 147 years Ground Rent = £0 per annum Service Charge = £1577.93 per annum Explanation for clients about proving their identity When you buy and sell a property you need to prove your identity to estate agents, solicitors and others involved in the transaction.
This is to help prevent money laundering. The evidence we need: To comply with law, we need to get evidence of your identity as soon as possible.
Please bring in to our office your passport, or your photocard driving licence to prove your identity. We will need to check it, and to keep a copy.
If these documents are not available, please speak to us to establish what other evidence may be acceptable.
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
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FAQ
About 15, Grovelands, Peterborough
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