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 · B31 2GA
Sold STCReduced £10k (−6.7%) on 16 SepListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Modern Two-Bedroom Apartment | Riverpark Way | Balcony | Parking | No Chain Situated within this modern development, built in 2014, this well-presented two-bedroom second-floor apartment offers contemporary living in a highly convenient location.
The property is finished to a modern standard throughout and benefits from a private balcony with pleasant views, providing a lovely outdoor space overlooking the surrounding green areas.
The nearby River Rea adds to the setting, with attractive green spaces right on the doorstep.
The accommodation comprises an entrance hallway, a spacious open-plan living/dining room and modern kitchen, two well-proportioned bedrooms and a contemporary bathroom.
The property also benefits from an allocated parking space, adding further convenience.
Located within easy reach of Northfield town centre and Northfield railway station, the property is particularly well placed for commuters, with excellent transport links and a range of amenities close by.
Offered for sale with no onward chain, this is an excellent opportunity for first-time buyers, professionals, investors or anyone looking for a modern, low-maintenance home in a well-connected location.
Key Features Modern two-bedroom apartment Built in 2014 Second-floor position Modern finish throughout Private balcony with pleasant views Open-plan living/dining area and kitchen Allocated parking space Attractive green spaces nearby River Rea on the doorstep Walking distance to Norfhield railway station Convenient location for Northfield town centre No onward chain Ideal for first-time buyers, professionals or investors Lease term: 112 years remaining Service Charge: £935.00 Ground rent: £0 Anti-money Laundering Checks (aml) Regulations require us to conduct identity and aml checks and gather information about every buyer's financial circumstances.
These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract.
The rules are set by law and enforced by trading standards. We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT).
This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini, and is non-refundable.
All information supplied by the vendor should be confirmed by a Solicitor as Oakmans Estate Agents cannot be held responsible if incorrect.
EPC - C Council Tax Band - B Copy link for Material Information:
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.
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