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 · M26 3BS
Listing removedListed 648 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY A fantastic Buy To Let opportunity is available in Canalside. This is a Top Floor, Two Bedroom apartment sold with a sitting tenant paying £675pcm - generating a gross yield of 8.35%.
Well presented and well looked after by the current tenant, the apartment offers entrance hallway leading to spacious lounge and kitchen, two good sized bedrooms with the main bedroom benefitting from an en-suite, and a family bathroom.
There is also a full length balcony with access points from the lounge and the master bedroom.
Martin & Co currently manage the tenancy and would be able to facilitate a smooth transfer of management to the new owner.
HALLWAY 15' 3" x 6' 2" (4.66m x 1.89m) Neutral decor, laminate flooring, intercom LOUNGE 15' 1" x 10' 2" (4.60m x 3.10m) Neutral decor, laminate flooring, electric heater, UPVC window and door, vertical blinds KITCHEN 8' 10" x 6' 6" (2.70m x 2m) Neutral decor, a range of wall and base units, stainless steel sink, tiled floor, UPVC window BEDROOM ONE 10' 9" x 9' 0" (3.30m x 2.76m) Neutral decor, carpet, UPVC window and door, electric heater EN-SUITE 5' 10" x 4' 7" (1.80m x 1.42m) Neutral decor, partially tiled walls, white toilet and wash hand basin, shower cubicle with sliding door, chrome towel rail / heater BEDROOM TWO 11' 5" x 5' 10" (3.50m x 1.80m) Neutral decor, carpet, UPVC window, electric heater CERTIFICATES IN PLACE EICR EPC NEED A MORTGAGE?
Why be restricted to your current or high street lenders rates?
Especially when Martin & Co can introduce you to our Mortgage Advisor with access to a comprehensive panel of over 80 lenders, including a range of off market products, offering potential savings against your current lender.
Call today to arrange a ten-minute (no obligation) telephone consultation (at a time to suit you) One quick call could potentially save you thousands of pounds over the course of your mortgage.
Please remember, your home is at risk if you do not keep up with your mortgage repayments.
MATERIAL INFORMATION Please see the material information brochure here; RESERVATION AGREEMENT Should you be successful in your offer to purchase the property and in order to place the property "under offer", you may be required to complete a reservation agreement and pay a (refundable at completion) reservation fee, details available upon request.
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 Canalside, Radcliffe, M26 3BS
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