2-bedroom flat · NG3 4LN
For saleListed 516 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TENANTED INVESTMENT OPPORTUNITY Very well presented two double bedroom ground floor apartment with transport links to the city centre (only 20 minute walk).
This property offers a good size entrance hallway, an open plan lounge and kitchen with all appliances along with a small 'study area'. Two large bedrooms (all fully carpeted with window dressings).
Very spacious shower room with modern touches. Secure parking included behind electric gates. Ample on-street visitor parking available too. Viewing highly recommended.
Garage and one allocated parking space included. Tenanted until July 2026, with a rent of £995pcm. Estimated gross yield 8.8%.
Council: Nottingham City Council Council Tax Band: C EPC rating: E Tenure: Leasehold Lease length:999 years since 1st June 2005 Service charge:£2350 per annum Ground rent: £150 per annum ** Works known to have been done in the last 5 years - A brand new roof - Completely refurbished lift - New intercom system - New CCTV system - Newly decorated and carpeted communal areas 2019-2020 - New state of the art Fibre broadband Please note all above figures have been provided by the seller- we would strongly advise these points are checked via a conveyancing solicitor.
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 The New Alexandra Court, Woodborough Road, Nottingham, Nottinghamshire, NG3 4LN
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