3-bedroom terraced house · NG31 9AF
For saleListed 356 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £130,000 to £140,000 - YIELD APPROX 7.85% - £850PCM Offered for sale as a residential investment subject to an existing tenancy.
A traditional Victorian terraced house situated in a popular residential area between Dudley and Harrowby Roads, so convenient for local schools and the town's amenities.
The accommodation is arranged over three floors and includes a sitting room, dining room, kitchen, rear lobby, ground floor bathroom/WC, and THREE BEDROOMS.
There is gas fired central heating and replacement double glazing. Courtyard garden to the rear with separate pedestrian access from Dudley Road.
EPC Rating: E SITTING ROOM 4.42m x 3.2m With uPVC half glazed entrance door, uPVC double glazed window to the front elevation, feature fireplace and radiator.
DINING ROOM 3.37m x 3.2m With uPVC double glazed window to the rear elevation, radiator, staircase off to the first floor.
KITCHEN 1.97m x 1.89m With uPVC double glazed window to the side elevation, a range of matching units comprising base cupboards, working surfaces and eye level units, inset stainless steel sink and drainer, integrated oven and hob, space and plumbing for washing machine, tiled floor.
REAR LOBBY Having an external half glazed uPVC door to the courtyard, built-in cupboard housing the gas fired central heating boiler and tiled floor.
BATHROOM 1.74m x 1.65m With uPVC obscure double glazed window to the side aspect, panelled bath with Triton electric shower over, pedestal wash basin and low level WC., fully tiled walls, radiator, tiled floor and Dimplex fan heater.
FIRST FLOOR LANDING With staircase off to the second floor. BEDROOM 1 3.46m x 3.22m With uPVC double glazed window to the front elevation and radiator.
BEDROOM 2 3.18m x 2.36m With uPVC double glazed window to the rear elevation and radiator.
BEDROOM 3 5.19m x 2.88m Having Velux windows to front and rear roof slopes and radiator.
OUTSIDE There is a south facing courtyard with paved seating area and gated access from Dudley Road.
NOTE The images included within these particulars are from an earlier date and show the property when vacant. Decorative finishes and fixtures and fittings may vary from those shown.
AGENT'S NOTE Please note these particulars may be subject to change and must not be relied upon as an entirely accurate description of the property.
Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed and they do not form part of any contract.
Some measurements are overall measurements and others are maximum measurements. All services and appliances have not and will not be tested.
NOTE Newton Fallowell and our partners provide a range of services to buyers, although you are free to use an alternative provider.
If you require a solicitor to handle your purchase and/or sale, we can refer you to one of the panel solicitors we use. We may receive a fee of up to £300 if you use their services.
If you need help arranging finance, we can refer you to the Mortgage Advice Bureau who are in-house. We may receive a fee of £300 if you use their services.
For more information please call in the office or telephone .
Anti-Money Laundering Checks We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £62 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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