2-bedroom flat · NG25 0DT
For saleReduced £4k (−2.1%) on 9 JulListed 391 days
Opportunity summary
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About
Exceptionally well maintained spacious first floor apartment with lawned gardens to side and rear, offering accommodation including, Entrance Hall, Lounge, modern fitted Kitchen with Pantry, two double Bedrooms and a modern Shower Room.
Outside there are gardens to side and rear with two allocated parking spaces. Leasehold property with 116 years remaining.
Exceptionally well maintained spacious first floor apartment with lawned gardens to side and rear, offering accommodation including, Entrance Hall, Lounge, modern fitted Kitchen with Pantry, two double Bedrooms, large Loft Space and a modern Shower Room.
Outside there are gardens to side and rear with two allocated parking spaces. Leasehold property with 116 years remaining.
Entrance hall With radiator, stairs to the first floor landing and tiled floor. Store room Offering additional storage.
First floor landing With laminate flooring, vertical anthracite grey radiator, wood panelling and double glazed window to the side elevation.
Lounge 14' 0" x 12' 7" (4.27m x 3.84m) With two double glazed windows to the rear elevation, radiator, laminate flooring, built-in storage cupboards and concealed lighting.
Kitchen 7' 4" x 9' 5" (2.24m x 2.87m) With a range of solid wood wall and floor mounted units with work surface over, inset sink, double glazed window to the rear elevation, space for fridge freezer, fully tiled surround, space for electric cooker, extractor fan and plumbing for washing machine.
Pantry 5' 5" x 2' 9" (1.65m x 0.84m) With double glazed window to the side elevation, shelving and Worcester gas central heating boiler.
Master bedroom 13' 2" x 11' 10" (4.01m x 3.61m) With two double glazed windows to the front elevation, double cupboard, laminate flooring, radiator and access to the large loft space which is boarded and insulated with light and power.
Bedroom 2 11' 3" x 11' 9" (3.43m x 3.58m) With double glazed window to the front elevation, laminate flooring and radiator.
Shower room 5' 5" x 6' 2" (1.65m x 1.88m) With walk-in shower, tiled flooring, heated towel rail, fully tiled surround, vanity wash hand basin and low level WC and an opaque double glazed window to the side elevation.
Outside The property benefits from two allocated parking spaces.
A pathway leads to the front of the property, the property also benefits from an enclosed side lawned garden which in turn leads to the enclosed rear lawned garden.
Agents note - The property was rewired in 2014 and had a new roof fitted in 2012.
Leasehold information Length of Lease -125 Years Years Remaining on Lease - 116 Years Annual Ground Rent - £10.00 Annual Management Charge Amount - £150.15 All figures should be checked with the Vendor/Solicitor prior to Exchange of Contracts and completion of the sale.
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
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FAQ
About 103, Norwood Gardens, Southwell
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