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 · B49 5AY
Sold STCListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** CASH PURCHASERS ONLY DUE TO SHORT LEASE LENGTH ** A superb opportunity to acquire a GROUND FLOOR apartment, situated on the edge of Alcester and within a few minutes walk of the high street and the many facilities of the town.
The apartment is part of Corinthian Court, an attractive development built approx. 30 years ago. There are well-maintained grounds and a communal car park with one allocated space for this apartment.
The property is entered through it's own PRIVATE front door, opening to the reception hall where all other doors lead to a double bedroom with attractive outlook over trees and beyond, an open-plan Living room and Kitchen with wood-effect flooring and windows to two aspects and a wet room with shower.
There is also a large storage cupboard off the hall. The internal accommodation benefits from electric heating and double glazing. The property is for sale with NO UPWARD CHAIN.
We understand the property to be Leasehold with an unexpired term of approx 69 years.
We believe there is an opportunity for a purchaser to explore a lease extension, which would add a further 90 years to the existing 69 year lease. The Service charge is approx £1,961.52 per annum.
There is a Ground Rent fee of £100.00 per annum. We understand from the current owner that they may be interested in renting the property if it were to be sold to an investor.
Money Laundering Regulations – Identification Checks In line The Money Laundering Regulations 2007, we are duty bound to carry out due diligence on all of our clients to confirm their identity.
In line with legal requirements, all purchasers who have an offer accepted on a property marketed by Jeremy McGinn & Co must complete an identification check.
To carry out these checks, we work with a specialist third-party provider and a fee of £25 + VAT per purchaser is payable in advance once an offer has been agreed and before we can issue a Memorandum of Sale.
Please note that this fee is non-refundable under any circumstances.
Alcester dates back to around AD 47 and was founded by the Romans as a walled fort on the confluence of the River Arrow & the River Alne and boasts a wealth of stunning characterful properties.
The Town has developed into an extremely popular place to live with a strong community who are rightly proud of their Town.
The historic High Street offers a range of independent shops & cafés in addition to restaurants and pubs and a Waitrose supermarket.
The quality of local schools is a big draw to the Town including the extremely well regarded Alcester Grammar School.
For more comprehensive amenities, nearby Stratford upon Avon offers a wealth of facilities including the world famous Royal Shakespeare Theatre.
Fast train services from Warwick Parkway give access to London in a little over an hour.
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 Corinthian Court, Alcester
Explore nearby