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 · ST4 7DW
Listing removedReduced £5k (−4.3%) on 6 FebListed 624 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment property - for sale with tenants in situ Excellent investment opportunity!
A very well located second floor apartment, with two spacious bedrooms, a large open plan living room diner and kitchen with Juliet balcony overlooking green communal space and trees.
Allocated vehicle parking behind secure gated access, this is the perfect investment for landlords looking to start their investment journey or add to their portfolio.
The property opens from a central entrance hallway that curves from the side of the property, where doors to all of the principal rooms are found further to two large storage cupboards, one of which being a very useful utility cupboard.
Two well sized double bedrooms, with the main bedroom being a huge double in size with a three piece en-suite shower room.
To the outside, the property sits within well maintained grounds with ample parking available for residents and visitors via secure electric gated entry and pedestrian access.
Currently achieves rental income of £875 pcm. No onwards vendor chain.
Leasehold Details: Length of Lease: 150 Years from 01/09/2003 Years Remaining: 129 Years Ground Rent: £170 per annum Service/Management Charges: £1,950.88 per annum Entrance Hall (3.04 x 1.26 entry 4.48 x 1.10 hall (9'11" x 4'1" e) Living Room (5.11 x 3.71 (16'9" x 12'2")) Kitchen (3.68 x 1.83 (12'0" x 6'0")) Bedroom One (4.64 x 3.40 (15'2" x 11'1")) Bedroom One En-Suite (2.17 x 1.53 (7'1" x 5'0")) Bedroom Two (3.85 x 2.60 (12'7" x 8'6")) Bathroom (2.01 x 1.82 (6'7" x 5'11")) Aml Disclosure Agents are required by law to conduct Anti-Money Laundering checks on all those buying a property.
Stephenson Browne charge £49.99 plus VAT for an aml check per purchase transaction . This is a non-refundable fee.
The charges cover the cost of obtaining relevant data, any manual checks that are required, and ongoing monitoring.
This fee is payable in advance prior to the issuing of a memorandum of sale on the property you are seeking to buy.
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 40 Elizabeth House, Scholars Court, Stoke-On-Trent
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