2-bedroom bungalow · NG10 3RX
For saleListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £160,000 - £170,000 no upward chain...
This well-presented mid-terrace two-bedroom bungalow is situated within an over-55s retirement complex, offering residents the opportunity to enjoy independent living within a welcoming community environment.
The development provides the benefits of having your own home, while also offering opportunities to enjoy the companionship of neighbouring residents.
The property is ideally positioned close to Sawley Medical Centre and Long Eaton High Street, providing convenient access to a range of local amenities, including shops, dining establishments and transport links.
The leasehold accommodation comprises an entrance hall, generously proportioned living room, fitted kitchen, two bedrooms and a three-piece bathroom suite.
To the rear is a lawned garden with a concrete pathway and external lighting, while residents and visitors also benefit from use of the communal car park.
Must be viewed Entrance Hall The entrance hall features carpeted flooring, an electric radiator, wall-mounted consumer unit and emergency pull-cord system.
There are also two useful built-in storage cupboards and access to the loft. A composite entrance door provides access into the accommodation.
Living Room (3.84m x 4.17m) The living room features carpeted flooring, a wall-mounted electric heater and an emergency pull-cord system.
A feature fireplace with decorative surround creates an attractive focal point, while sliding patio doors provide direct access to the rear garden.
Kitchen (2.08m x 2.97m) The kitchen is fitted with a range of base and wall units, incorporating a composite one-and-a-half bowl sink with mixer tap and drainer.
Integrated appliances include an oven with electric hob, while there is space for a fridge-freezer and space and plumbing for a washing machine.
The kitchen also benefits from a useful built-in cupboard, wall-mounted electric heater, towel rail and emergency pull-cord system.
Further features include partially tiled walls, vinyl flooring and a UPVC double-glazed window to the front elevation.
Master Bedroom (3.12m x 3.18m) The main bedroom features a UPVC double-glazed window to the rear elevation, carpeted flooring and a wall-mounted electric heater.
The room also benefits from an emergency pull-cord system and a built-in double-door wardrobe providing useful storage.
Bedroom Two (2.16m x 3.20m) The second bedroom features a UPVC double-glazed window to the front elevation, carpeted flooring and a wall-mounted electric heater.
The room also benefits from an emergency pull-cord system.
Bathroom (1.65m x 2.13m) The bathroom is fitted with a low-level flush WC, pedestal wash basin and panelled bath with a wall-mounted electric shower.
Grab handles are provided for additional support, along with a towel rail and wall-mounted storage heater.
Further features include partially tiled walls, vinyl flooring, extractor fan and an emergency pull-cord system.
A UPVC double-glazed window to the front elevation provides natural light and ventilation. Leasehold Information Property Tenure is Leasehold.
Service Charge annually - at approx £2,340.00 (Please bear in mind that this figure is a few years old and is from 2024, we are awaiting a new invoice with the updated figure).
Ground Rent a peppercorn rent | Term: 125 years from 29th September 2000 - Term remaining 99 years. The information regarding service charges and ground rent has been obtained from the vendor.
HoldenCopley have checked the most recent statement for ground rent and service charge and have obtained the lease length via the Land registry.
HoldenCopley offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase.
The information will be confirmed by your solicitor via the management pack and Landlord pack where applicable.
We strongly recommended that you contact your solicitor before entering into negotiations to confirm the accuracy of information.
Additional Information Broadband Speed - Ultrafast 1800 - 220Mpbs | Phone Signal – Mostly Good 4G / 5G coverage | Electricity – Mains Supply | Water – Mains Supply | Heating – Electric Heating – Connected to Mains Supply | Sewage – Mains Supply | Flood Risk – No flooding in the past 5 years+ | Flood Risk Area - No | Construction – Brick Built | Mining Area – No | Accessibility – No | Other Material / Safety Issues – No known safety issues have been disclosed by the seller.
| Any Legal Restrictions – No | Council Tax Band Rating - Erewash Borough Council - Band B | Tenure: Leasehold | Disclaimer Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities.
Purchasers must make further investigations and inspections before entering into any agreement.
Front Garden To the front of the property is a small garden featuring a lawned area and established shrubs.
A concrete pathway provides access to the accommodation, along with access to the communal parking area.
Rear Garden To the rear of the property is a lawned garden with a concrete pathway providing access through the garden. The garden also benefits from external lighting.
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.
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FAQ
About 7 Cooke Close, Nottingham
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