1-bedroom house · NG3 5PZ
Sold STCListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this well-presented one-bedroom retirement flat for over 60's (55's for couples) offered vacant with no onward chain.
The property features a spacious living/dining room with a feature fireplace, a fitted kitchen with an oven and hob, a double bedroom with a range of built-in wardrobes and overhead storage cupboards, and a shower room suite with a gated shower and grab rails.
Residents can enjoy beautifully maintained communal gardens, laundry facilities, guest suite, lift access to all floors, communal lounge, house manager, and 24-hour emergency call system, offering both comfort and peace of mind in a welcoming community.
Please note: The current wood-effect laminate flooring was installed with permission for the previous resident due to a medical condition.
Under the terms of the lease, new owners would be required to replace this with carpet, as hard flooring is only permitted on the ground floor.
Additional information: Council Tax Band: B Local Authority: Gedling Lease Term: 125 years from 1 April 1988 Ground Rent: £500 per annum Service Charges: £4000 per annum *This information is based on information obtained via Land Registry and/or the vendor at the point of listing and will therefore need to be confirmed by a solicitor* Legal disclaimer: These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract.
Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including heating and so cannot verify they are in working order or fit for their purpose.
Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations.
Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate.
Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves.
Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.
Tenure To be confirmed by the Vendor’s Solicitors Possession Vacant possession upon completion Viewing Viewing strictly by appointment through The Express Estate Agency
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
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FAQ
About 21, Beech Court, Nottingham
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