1-bedroom flat · NG2 6BL
For saleReduced £15k (−9.1%) on 21 JunListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A second floor south facing one bedroom retirement apartment for over 60's only, situated in this thoughtfully designed retirement development which is within walking distance of West Bridgford Town Centre and situated to the front of the development.
In brief the entrance hall leads into the main open plan living/dining room that displays generous space for guests as well as overlooking Rectory Road.
Off from the dining area is the kitchen through French doors with freestanding appliances from an oven, hob and extractor fan along with under counter space for freestanding white goods.
The bedroom is a generous size and boasts of built-in sliding wardrobes. The apartment is completed with a tiled three piece shower room consisting of a shower along with a wash basin and WC.
There is a pleasant communal reception area and overnight guest bedroom for hire with en-suite facilities and kitchen. Access to the complex is via a security intercom system.
In addition included in the service charge is communal laundry and maintenance of rear gardens. Length of Lease: 125 years Year left: 100 years Ground Rent: Est: £300 Service Charge: Est: £3600
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 45 Giles Court,, Rectory Road, Nottingham
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