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 work4-bedroom semi-detached house · M40 3SL
Sold STCListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Waters Edge, Manchester, M40 3SL is a substantial 4-bedroom leasehold property, Spanning an impressive 123 to 135 square metres (approx. 1,324–1,453 sq ft).
This three-storey family home features from the ground floor: Features a handy downstairs WC and a good-sized, comfortable lounge positioned at the rear of the property.
First Floor: Accommodates two bedrooms, including a main bedroom complete with its own private en-suite shower room. This floor also houses a three-piece family bathroom and dedicated landing storage.
Second Floor: Offers an additional two excellent double bedrooms, complete with a walk-in wardrobe and dressing area setup.The nearest Metrolink station is barely a 10-minute walk away, providing quick tram links.
For motorists, the M60 motorway network is highly accessible within a short half-mile drive.
EPC C Leasehold 999 years from 1 January 2010 ground rent £295 P/A service charge £371.52 P/A Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 18, Waters Edge, Lancashire
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