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 property · KT15 2HR
Under offerListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This lovely corner apartment is exclusive to persons aged 60+ Years Of Age and is located on the ground floor of the popular Pitson Close, Addlestone development.
The flat consists of a large lounge with a dual aspect, a newly fitted kitchen with a window, a master bedroom with fitted wardrobes and, a second bedroom ideal for a guest suite or study and a modern shower room.
The development: Riverside offers both one and two bedroom apartments set amongst beautifully tended award-winning gardens with the Bourne, a tributary of the Thames, running alongside.
Situated just off Corrie Road, the development offers a relaxing setting whilst being only a short distance from the hustle and bustle of Addlestone high street.
The development benefits from an on-site laundry and parking, a residents` lounge and development Manager.
There are various events that take place, such as a weekly coffee morning, DVD evenings and a number of other social events should anyone wish to partake.
The local area: Situated in the Surrey borough of Runnymede, Addlestone offers a suburban lifestyle and is well served by public transport with regular bus services to Kingston and Chertsey.
Addlestone town centre has undergone a major regeneration project, Addlestone One.
Costing £92 million, the mixed-use scheme houses a hotel, cinema, gym and a variety of restaurants and retail units, one of which being Waitrose.
As well as this exciting new development, the high street includes, amongst others; Tesco Extra supermarket, Costa Coffee, Lloyds Pharmacy, high street banks and a post office.
The Eileen Tozer Centre, a day care centre offering a variety of activities such as keep fit, bingo, knitting and quizzes to name but a few, is equally just off the high street.
For those looking for nearby green spaces in addition to the already impressive development grounds on offer, Victory Park is a beautiful green space popular with dog walkers and families and is 0.4 miles away on foot.
The park has a children`s play area as well as tennis courts and well-maintained greens. Addlestone Bowling Club is also situated within the park.
Key Information: Service Charge: £2,145.32 Per Annum Ground Rent: £0.00 Per Annum Ground Rent Review periods: N/A - Peppercorn Lease Expiry Date: 1st Nov 2087 Tenure: Share of freehold Council Tax Band: C EPC Rating: D Heating Type: Electric Storage Heaters Parking: Unallocated • Mobile Strength: Data Provided by Ofcom EE - Likely to have good coverage and supports multimedia.
Three - Likely to have good coverage and supports multimedia. O2 - Likely to have good coverage and supports multimedia. Vodafone - Likely to have good coverage and supports multimedia.
• Broadband Strength: Data Provided by Ofcom Standard 8 Mbps/0.9 Mbps Superfast 80 Mbps/20 Mbps Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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 Pitson Close, Addlestone
Explore nearby
