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 · BB2 7JE
For saleReduced £2.5k (−3.5%) on 4 SepListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire a 50% shared ownership apartment in the highly desirable village of Mellor.
Offering a beautifully presented interior, a prime location, and resident parking, this attractive property is ideally suited to buyers aged 55 and over looking to downsize or enjoy a more peaceful lifestyle in a charming village setting.
(EPC - tbc) A fantastic opportunity to acquire a 50% share of this well-presented one-bedroom first-floor apartment, exclusively for the over-55s.
Offering comfortable accommodation, resident parking, and an enviable location, this property is ideal for those looking to downsize or enjoy a more peaceful lifestyle.
Situated within the highly sought-after St.
Mary’s Court development in Mellor, the property enjoys convenient access to a range of local amenities, popular eateries, well-regarded schools, and excellent transport links, including nearby bus routes.
The accommodation briefly comprises a spacious living room, tastefully decorated in neutral tones and fitted with carpet, creating a welcoming and versatile living space.
The living room leads through to the modern kitchen, which features a range of light-coloured units, vinyl flooring, and integrated appliances including an oven with induction hob and fridge/freezer.
The generous double bedroom benefits from fitted carpet and built-in storage, while the accommodation is completed by a well-appointed bathroom fitted with a three-piece suite and shower over the bath.
Externally, residents can enjoy attractive communal gardens and the convenience of resident parking. All interested parties should contact Mortimers Estate Agents.
Anti-Money Laundering (aml) Checks - As part of making an offer, we're required by law to complete Anti-Money Laundering (aml) checks to confirm the identity of all purchasers.
To cover the cost of this process, a fee of £48 inc VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly and smoothly as possible.
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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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
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FAQ
About 2, St. Marys Court, Mellor
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