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 · SG2 0BP
Listing removedReduced £15k (−6.4%) on 20 JunListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Generous Two Bedroom Apartment, Situated In The Highly Sought After Ridgemond Park Modern Development in The Heart Of The popular Chells Area, With Pleasant Outlook Over Local Woodland and Open Space.
Internally The Property Has Been Maintained To A High Standard and Benefits From Master Bedroom With Ensuite and Large Lounge Diner.
Chain free Entrance Hall A good size hallway with built in storage cupboard, wood effect flooring, fitted smoke and a single panel radiator.
Lounge/Diner (6.83m''x 3.38m'' (22'5''x 11'1'')) A large dual aspect lounge and diner with UPVC double glazed Juliet doors to the front aspect and a a UPVC double glazed window to the rear aspect, two single panelled radiators, luxury vinyl plank wood effect flooring, inset lighting, entry phone system, heating control, media points.
Kitchen (2.16m''x 2.77m'' (7'1''x 9'1'')) Bedroom One (3.38m''x 2.62m'' (11'1''x 8'7'')) A double bedroom with UPVC double glazed window, single panel radiator and a built in storage cupboard.
En-Suite Comprising of a vanity unit with concealed WC and vanity shelf, a wall hung hand wash basin, fitted shower cubicle with chrome fittings, chrome heated towel, partly tiled walls and tiled flooring, extractor fan and a frosted UPVC window.
Bedroom Two (3.38m''x 2.62m'' (11'1''x 8'7'')) A double bedroom with UPVC double glazed window, single panel radiator and a built in storage cupboard.
Bathroom Fitted with a white three piece bathroom suite comprising of a panel bath with chrome mixer taps, a wall hung hand wash basin, concealed cistern WC, partly tiled walls and tiled floor, inset lighting, extractor fan, built in storage cupboard, frosted UPVC window and a heated towel.
Allocated Parking
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 172, Priestley Road, Ridgemont Park, Stevenage
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