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 work1-bedroom flat · TS5 7NW
Listing removedListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one bedroom first floor flat offers a great launching pad for first time buyers and young couples looking for something to move straight into!
Features include gas central heating, detached single garage, composite front door, lovely kitchen, and bathroom with a three piece suite.
Location wise it is a stone's throw from the shops and pub and is also on a bus route. The flat comprises ground floor entrance door, first floor kitchen, lounge, bedroom and bathroom.
Tenure - Leasehold Council Tax Band A GROUND FLOOR Entrance Hall With composite entrance door and staircase to the first floor.
FIRST FLOOR Lounge 3.3m x 4.2m With two radiators.
Kitchen 4.2m x 2m With woodgrain effect wall, drawer, and floor units, roll edge worktop, electric oven, four ring electric hob with integrated extractor fan, stainless steel sink, storage cupboard and integrated fridge freezer.
Bedroom One 3.3m x 3.2m With two radiators. Bathroom 1.9m x 1.6m With close coupled WC, pedestal wash hand basin, bath and storage cupboard.
Agents Note: Ground Rent: N/A Service Charge: £47 PCM Tenure - Leasehold Council Tax Band A Buyers Identification Check(s) Should a purchaser(s) have an offer accepted on a property marketed by Michael Poole Estate Agents they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement.
We use a third party service to verify your identity; this is not a credit check and will have no effect on credit history. The cost of these checks is £36 inc.
VAT per buyer, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable. AGENTS REF: TM/LS/MID220730/17062026
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
FAQ
About Glendale Road, Tollesby
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