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 · S10 5DN
For saleListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A good sized two bedroom ground floor apartment which forms part of this highly sought after over 60's development in the heart of Broomhill.
Offering communal parking, a patio to the rear off the lounge and stunning well manicured communal grounds, the property requires modernisation and is situated close to Broomhill and Crosspool shops and amenities and has a bus stop outside the development giving easy access to the city centre and beyond.
With double glazing and electric storage heaters throughout, the property in brief comprises; secure communal lobby, entrance hallway, lounge with sliding doors to the outdoor patio/communal garden area, a kitchen, two bedrooms and a bathroom.
Available to the market with NO CHAIN INVOLVED, a viewing is highly recommended to appreciate the accommodation on offer. Leasehold tenure, ground rent £75pa, service charges £2819.96pa.
60 years remain on the lease. Covenants on lease apply, read the description for further details or enquire.
Secure Communal Entrance Lobby - A secure door with intercom system gives access to the communal lobby area. The apartment is located on the ground floor.
Entrance Hallway - Having a storage heater and doors leading to all rooms.
Lounge - A spacious lounge which has two storage heaters, a feature fireplace and rear facing sliding patio doors leading to the patio area and communal gardens.
Kitchen - Having fitted wall and base units with a laminated worksurface incorporating a stainless steel sink and drainer unit and space for appliances including a cooker, fridge freezer and washing machine.
With a front facing upvc double glazed window and vinyl flooring. Master Bedroom - A spacious master bedroom which has a front facing upvc double glazed window and two fitted wardrobes.
Bedroom Two - The second bedroom is a single sized room which has a front facing upvc double glazed window and a cupboard housing the water cylinder.
Bathroom - Having a suite comprising of a walk-in bath, a pedestal wash basin and a low flush wc. With a side facing upvc oriel window and vinyl flooring.
Outside - The property is set within mature communal grounds and has a patio area accessed directly from the lounge patio doors.
With communal parking bays to the front, there are paths, tall trees, shrubs and borders to the rear forming part of the communal gardens.
Notes For The Buyer - Please note that on any future sale of the property, the management company charges 0.75% of the future sale price for each year of occupancy.
This goes towards the sinking fund of the development.
There is also a charge of 0.5% of the profitable value for each year of occupancy (subject to a minimum of 2%), however should this fee exceed the management fee then the management fee will be restricted to this amount or £200, whichever is the greater.
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 Kersal Lawns, Manchester Road, Broomhill
Explore nearby