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 · GU16 8QD
No longer listedListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With its wonderfully bright, dual-aspect, open-plan living area featuring twin windows and French doors opening on to an extensive terrace, this is a strikingly impressive apartment.
One of the hall cupboards provides a walk-in laundry space, and one of the two bedrooms is en-suite.
Plot 120 Tenure: Leasehold Length of lease: 999 years Annual ground rent amount (£): Peppercorn Ground rent review period (year/month): Yearly Annual service charge amount (£): 1294.36 Service charge review period (year/month): Yearly Council tax band (England, Wales and Scotland): C Reservation fee (£): 500 For more information about the optional extras available in our new homes, please visit the Miller Homes website.
Rooms Second Floor Kitchen/Living/Dining (6.4 x 5.4 m) Principal Bedroom (4.73 x 2.97 m) En-Suite (1.71 x 2.14 m) Bedroom 2 (4.07 x 2.8 m) Bathroom (2.27 x 2.2 m) Disclaimer The house plans shown above, including the room specifications, may vary from development to development and are provided for general guidance only.
For more accurate and detailed plans for a specific plot, please check with your local Miller Homes sales adviser. Carpets and floor coverings are not included in our homes as standard.
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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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 120, Chobham Road, Frimley
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