1-bedroom flat · NG17 3GD
To rentListed 17 days
Opportunity summary
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About
A modernised 1 bedroom upstairs flat benefiting from new kitchen, redecorated and new carpets! It has its own private entrance via external metal staircase and is laid over 1st and 2nd floors.
It has small entrance hall, kitchen with new units (cooker can be provided if requested), separate lounge, shower room with shower cubicle and basin, and a separate WC.
The bedroom is located on the upper floor and is a good size double bedroom with Velux ceiling windows and sloping ceilings. Room measurements: Kitchen 3.1m x 2.7m (wall to wall).
Lounge 3.31m x 3.65m at widest. Shower Room 1.94m x 1.6m Bedroom 5.08m long x 3.45m wide narrowing to 2.64m x 2.09m ceiling height for main part of ceiling.
The flat has gas central heating with combi boiler, UPVC double glazing and front on street parking available (no rear parking). Located on a main bus route in Sutton town centre.
Material Information - Access: The flat is accessed via a metal stair case to the rear of the building. Electricity and gas supply: Mains connection. Water and sewerage status: Mains connection.
Heating and hot water status: Gas central heating via a combi boiler Broadband and mobile phone coverage: see checker.ofcom.org.uk.
Flood risk in this location: Surface water = Very Low River/Sea = Very Low Groundwater = This location is outside of a groundwater flood alert area.
Reservoirs = Flooding from reservoirs is unlikely in this area. Coal mining area location: located on the coalfield.
Council: Ashfield District Council Any planning permission in the area: see planning.ashfield.gov.uk/planning-applications Terms And Conditions - Costs to move into this property = £121.00 Initial holding deposit, equivalent to 1 weeks rent (not a fee and will go towards balance of move in monies if tenancy goes ahead).
Tenancy deposit, equivalent to 5 weeks rent, being £605.00. First months rent in advance.
Kingswood Residential Investment Management are residential lettings specialists and members of ARLA Propertymark, The Property Ombudsman, Tenancy Deposit Scheme and the Propertymark Client Money Protection Scheme.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 New Lane, Stanton Hill, Sutton-In-Ashfield, Notts, NG17 3GD
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