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 · RH15 9DD
Sold STCListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented ‘Assisted Living’ retirement 2 bedroom and 2 bath/shower room first floor flat built for the over 70’s by McCarthy & Stone.
The apartment features a 13’ x 5’7 balcony which can be accessed via the lounge/dining room or the 2nd bedroom.
The town centre, mainline railway station and Waitrose Store are all within a short walk.
Corbett Court is an exclusive assisted living development which offers 24hr staff on site and full security systems.
There is a residents lounge with an array of social activities, a restaurant serving a 2 course lunch with a choice of menu and evening suppers.
The block has a guest suite for visiting family and friends, communal laundry and one hour of domestic care per week.
There are 2 lifts, car park, scooter charging rooms and beautifully arranged communal gardens. The accommodation includes a communal hallway with sliding doors, entry phone system and reception desk.
A lift/stairs lead to the first floor. The private entrance hall has a large storage cupboard, and the lounge/dining room has direct access to the balcony.
The kitchen is well fitted complemented by an integrated hob, oven and fridge/freezer. The master bedroom benefits from a fully tiled ensuite bathroom and a walk-in wardrobe.
The generous 2nd bedroom benefits from a door opening directly onto the balcony. The wetroom/wc is a particularly generous size with fully tiled walls and floor.
Outside, there are communal gardens laid to paving with colourful borders divided by hedging and ornamental trees. Ample bench seating, raised fishpond.
There is a car park to the rear of the block which requires a permit. Lease: 125 years from 2014 Service Charge: £13,104.75 per annum Ground Rent: £255.00 half yearly
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 The Brow, Corbett Court The Brow, RH15
Explore nearby