2-bedroom flat · NG5 3GD
For saleReduced £10k (−12.5%) on 22 OctListed 80 days
Opportunity summary
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About
Independent living for over 60's...
This well-maintained two-bedroom first floor maisonette offers spacious accommodation throughout and presents an excellent opportunity for a range of buyers, including downsizers and investors.
Available to cash buyers only , the property is situated in a popular residential location within easy reach of local shops, excellent transport links and a variety of everyday amenities.
The accommodation is accessed via a private entrance hall to the ground floor, which benefits from a stair lift providing convenient access to the first floor.
Upstairs, you are welcomed into a generous living room featuring an attractive fireplace, creating a warm and inviting space to relax.
There is also a fitted kitchen offering ample storage and workspace, two double bedrooms, with the principal bedroom benefiting from fitted wardrobes, and a three-piece bathroom suite.
Externally, the property further benefits from an allocated parking space, providing convenient off-road parking.
Offering well-proportioned accommodation in a sought-after location, this maisonette is a fantastic opportunity for cash buyers seeking a home that is ready to move straight into or a worthwhile investment.
Cash buyers only Entrance Hall (2.00m x 1.98m) The entrance hall has carpeted flooring and stairs, a stair-lift, a wall-mounted electric heater and a single UPVC door providing access into the accommodation.
Landing (2.04m x 0.95m) The landing has carpeted flooring, a wall-mounted phone intercom, a built-in cupboard, access into the loft and provides access to the accommodation.
Living Room (4.35m x 3.43m) The living room has a UPVC double-glazed window to the rear elevation, carpeted flooring, two wall-mounted electric heaters, a feature fireplace and coving.
Kitchen (2.67m x 2.42m) The kitchen has a range of fitted shaker style base and wall units with worktops and a tiled splashback, space for a freestanding cooker with a concealed extractor hood, a stainless steel sink and a half with a drainer, space for a fridge-freezer and a UPVC double-glazed window to the rear elevation.
Master Bedroom (3.73m x 2.90m) The main bedroom has a UPVC double-glazed window to the front elevation, carpeted flooring, a wall-mounted electric heater, a built-in cupboard and fitted wardrobes with drawers and bedside tables.
Bedroom Two (2.96m x 2.56m) The second bedroom has a UPVC double-glazed window to the front elevation, carpeted flooring and a wall-mounted electric heater.
Bathroom (1.98m x 1.97m) The bathroom has a low level concealed flush W/C, a vanity style wash basin, a fitted bath with an electric shower and a bi-folding shower screen, tiled flooring, partially tiled walls, a chrome heated towel rail, an extractor fan and a UPVC double-glazed obscure window to the side elevation.
Leasehold Information The vendor has advised the following: Service Charge in the year marketing commenced (£pa): £3,265.92, Ground Rent in the year marketing commenced (£pa): £0.
Property tenure: Leasehold. Term: 99 years from 25th March 1987 – 60 years remaining. HoldenCopley cannot guarantee the accuracy of this information.
We recommend you make your own enquiries and consult your solicitor, who will verify these details through the management pack and landlord pack (where applicable), before proceeding with the purchase.
Additional Information Broadband Speed - Ultrafast - 5500 Mpbs (Highest available download speed) & 5500 Mbps (Highest available upload speed) | Phone Signal – All 4G & 5G coverage | Electricity – Mains Supply | Water – Mains Supply | Heating – Electric Heating – Connected to Mains Supply | Sewage – Mains Supply | Flood Risk – No flooding in the past 5 years+ | Flood Risk Area - low chance of flooding | Construction – brick | Mining Area – Located on the coalfield.
No further mining report is currently required for this property according to Mining Remediation Authority records.
| Accessibility – No | Other Material / Safety Issues – No known safety issues have been disclosed by the seller.
| Any Legal Restrictions – No | Council Tax Band Rating - Broxtowe Borough Council - Band B | Tenure: Leasehold | Disclaimer Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities.
Purchasers must make further investigations and inspections before entering into any agreement. Parking - Allocated Parking
Value & comps
No previous sales on record.
Returns
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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.
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