2-bedroom bungalow · NG8 6GL
For saleReduced £10k (−9.5%) on 15 JulListed 394 days
Opportunity summary
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About
A two bedroom bungalow situated within the sought after Bridge Green retirement development for the over 60's, with residents parking and an Asda supermarket next door!
Modern wet room, kitchen & 'L' shaped lounge diner. Double glazing and central heating with a recently replaced Vaillant combination boiler!
Overview The Bridge Green development is designed for independent retirement living, specifically for the over 60's and consists of a set of six small courtyards grouped around a central green and pavilion with a residents' community building providing a lounge, laundry, guest facilities and regular activities.
And each bungalow is connected to the community alarm service, with pull cords located throughout each property. Hallway With modern composite front entrance door, radiator and loft access.
Lounge L-shaped lounge with two ceiling light points, radiator, UPVC double-glazed side window and UPVC double-glazed sliding patio door leading out to the rear patio.
There is also a built-in store cupboard, an emergency pull cord and two separate TV aerial points.
Kitchen A range of wall and base units with granite style worktops incorporating a stainless steel sink unit and drainer with tiled splashbacks. Space for fridge freezer and double glazed side window.
Bedroom 1 Double glazed window, radiator, telephone extension point and emergency pull cord. Bedroom 2 Double glazed window and radiator.
Wet Room Fully tiled walls, electric shower with floor drain and shower curtain along with pedestal washbasin and push button toilet. Extractor fan, radiator and emergency pull cord.
Outside There is a small established frontage.
To the rear is a small paved patio with gravelled area and flower beds which leads out onto the corner of the communal lawned grounds with mature trees and fenced perimeter.
Material Information Tenure:Leasehold lease details: 125 years from 10/08/2000 ground rent: £0.00 - to be reviewed on: service charge: £244.05 pcm - to be reviewed on: council tax: Nottingham City - Band A property construction: Cavity Brick any rights of way affecting property: No current planning permissions/development proposals: No flood risk: Very low asbestos present: N/k any known external factors: N/k location of boiler: Lounge cupboard Utilities - mains gas, electric, water and sewerage.
Mains gas provider: Mains electricity provider: Mains water provider: Severn Trent mains sewerage provider: Severn Trent water meter: Broadband availability: Please visit Ofcom - Broadband and Mobile coverage checker.
Mobile signal/coverage: Please visit Ofcom - Broadband and Mobile coverage checker. Electric car charging point: Not available.
Access and safety information: Level access other information: - To purchase a property in this development you must be over 60 years of age.
*The lease information has been provided to Marriotts and to the best of our knowledge is correct.
Whilst every effort has been made to ensure the information is up to date, this can be subject to change without our knowledge and we, therefore, provide this as a guide only.* Full details of the freeholder, management company, lease, up-to-date service charge and ground rent will be supplied to you as part of the conveyancing process and checked by your solicitor should you proceed to purchase this property.
Value & comps
No previous sales on record.
Returns
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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 8, Rosemary Close, Nottingham
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