3-bedroom terraced house · NG16 3FD
Listing removedListed 136 daysAuction 29 Jun · ended
Opportunity summary
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About
Auction Commencing on Monday 29th June from 1pm and ending 24 hours later on Tuesday 30th June from 11am with Auction House Notts and Derby Please register to bid via our website - auctionhouse.co.uk/nottsandderby A spacious three-bedroom freehold terrace in Eastwood offering generous living accommodation, conservatory and rear yard, presenting an excellent opportunity for investors, first-time buyers or those seeking a refurbishment project.
**Extended completion available if required, subject to prior approval by the auctioneer. Open House Viewings (no need to book) Monday 15th June from 11:00am until 11:30am.
Friday 19th June from 11:00am until 11:30am. Monday 22nd June from 11:00am until 11:30am.
For sale by online auction is this three-bedroom mid-terrace home situated in a popular residential location within Eastwood, offering excellent potential for owner occupiers, investors, and developers alike.
The accommodation comprises an entrance into the family living room, featuring a decorative fireplace and front-facing window.
To the rear is a spacious kitchen/diner fitted with a range of wall and base units, ample worktop space, exposed brick features, and access to the rear hallway.
Beyond lies the bathroom, fitted with a white suite comprising bath, wash hand basin and WC, together with a useful conservatory providing access to the rear yard.
To the first floor are three bedrooms, including a generous principal bedroom with fitted wardrobes, a further double bedroom, and a single bedroom which could alternatively be utilised as a nursery, dressing room, or home office.
Externally, the property benefits from an enclosed rear yard with outbuilding/storage area and gated access, providing useful outside space with scope for improvement.
The property is conveniently positioned within easy reach of Eastwood town centre, local schools, shops, supermarkets, transport links and amenities.
The area remains popular with both owner occupiers and buy-to-let investors due to its strong rental demand and excellent connectivity to Nottingham, Derby and the M1 motorway network.
Offered freehold with EPC Rating D, this property presents an excellent opportunity to acquire a home requiring cosmetic updating, allowing purchasers to add value and personalise to their own taste.
Open House Viewings: Please refer to the advertised viewing schedule. All interested parties are encouraged to attend.
Accommodation Three Bedrooms Family Living Room Spacious Kitchen/Diner Ground Floor Bathroom Conservatory Rear Yard with Outbuilding Freehold EPC Rating D Auctioneer's Note: Open House viewings are available as advertised.
Mortgage buyers are welcome subject to lender approval and the legal pack. Extended completion periods may be considered if agreed with the auctioneer prior to bidding.
Tenure: Freehold EPC Rating: D Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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.
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FAQ
About 24 Lynncroft, Eastwood, Nottingham, Nottinghamshire NG16 3FD
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