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 · EX39 1JB
Listing removedListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
10 Rowena will be found offering spacious & well proportioned accommodation, recently renovated to include a new kitchen & bathroom together with redecoration throughout and new floor coverings.
Sea views are enjoyed from the spacious lounge and one of the bedrooms whilst the apartment is served by newly installed gas central heating with combination boiler.
Located within walking distance of the long sandy beach and nearby village amenities, No10 presents an excellent opportunity for those seeking a coastal lifestyle or second home for those seeking an escape from busy the rigours of city life.
Tenure: Leasehold - The balance of a 200 year lease commencing 1976 (151 years remaining).
There is currently a service charge of £110 per month in contribution to the buildings maintenance & insurance costs.
Agents Note: There are a number of flats to be sold by the freeholder, with the intention thereafter to offer a share of the freehold to each respective leaseholder (equating to a 1/11th shareholding).
Services: All mains services are connected Energy Performance Certificate: D (60) Council Tax: BAND A (£1666.87 per annum) what3words /// courier.poetic.helps Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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.
Area
Agent & docs
FAQ
About 10, Rowena, Kingsley Road
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