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 · FY2 9PY
Under offerListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A GROUND FLOOR floor Apartment in a fabulously located Promenade block. No.51 has a Southerly facing patio, and boasts two DOUBLE Bedrooms, and a good size Living Room.
A thoroughly cost effective alternative to a Bungalow for those wanting accommodation on one level large, sold with NO ONWARD CHAIN. Communal Entrance Security intercom. Private Entrance.
Hall Built in cupboards, Coved ceiling, Electric radiator.
Lounge 4.17m x 4.62m Feature fireplace, Coved ceiling, UPVC double glazed windows and door to patio, Electric radiator.
Kitchen 2.13m x 2.39m Wall and base cupboard units with complementary roll edge worktops, Electric cooker point, Single drainer ceramic sink with mixer tap, Plumbed for washing machine, UPVC double glazed window.
Bedroom 1 3.02m x 4.17m Built in wardrobes, Coved ceiling, UPVC double glazed window, Electric radiator.
Bedroom 2 2.95m x 3.58m Built in cupboard, Built in wardrobes, Coved ceiling, UPVC double glazed window, Electric radiator.
Shower Room Comprising; Step in shower, Pedestal wash basin, Low flush WC, UPVC double glazed windows. Outside Communal gardens. Parking Garage and residents' parking.
Heating Electric heating (NOT TESTED).
Tenure We have been informed that the property is leasehold; remainder of 999 year lease; Service charge - £1234.54 per annum, Ground rent - £12 per annum.
Prospective purchasers should seek clarification of this from their Solicitors. Council Tax Band - B £1954.73 (2026/27)
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 Pembroke Court, Queens Promenade
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