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See how verdicts work2-bedroom terraced house · NG16 5GL
Listing removedListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Offered with NO UPWARD CHAIN ** This two-bedroom property presents a well-proportioned and functional layout, making it suitable for a range of buyers.
The ground floor offers a combined lounge/dining room that provides flexible space for everyday living, along with a kitchen positioned to the rear of the property.
To the first floor, there are two bedrooms and a bathroom, offering a straightforward and comfortable arrangement.
Externally, the property includes a forecourt area to the front, providing a low-maintenance entrance.
To the rear, there is an enclosed garden featuring a lawned section and a paved area, offering space for outdoor seating, gardening, or general use.
The garden is enclosed with fencing, providing a degree of privacy and security.
The property requires general updating and modernisation, making it well suited to a first-time buyer looking to put their own stamp on a home or an investor seeking a property to improve.
Located close to local amenities, transport links, and schools, it offers convenience alongside flexible potential for refurbishment.
Lounge/Dining Room 7.15m x 3.83m Having an entrance door to the front elevation leading from the front courtyard, windows to both the front and rear elevations, stairs rising to the first floor accommodation, understairs storage cupboard, and 2 x radiators with coving to ceiling.
Kitchen 3.77m x 1.83m Fitted with a range of wall and base units with work surfaces over, sink unit with side drainer and mixer tap, electric oven, gas hob with extractor over, integrated washing machine, integrated Fridge Freezer, window to the rear elevation, tiled flooring, plinth heater and door to the side elevation.
Landing Having doors leading to.. Bedroom One 3.55m x 2.76m Having window to the front elevation and radiator.
Bedroom Two 3.37m x 2.81m Having window to the rear elevation and radiator.
Bathroom 3.74m x 1.85m Fitted with a panelled bath, pedestal wash hand basin, low level flush WC, airing cupboard, radiator and window to the rear elevation.
Outside To the front of the property there is a forecourt area with gated front access and walled boundaries. Side access from front to rear.
To the rear of the property there is lawned garden area, paved area and fencing to boundaries.
Disclaimer These particulars are believed to be correct and have been verified by or on behalf of the Vendor.
However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them.
Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale.
Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.
The services, systems and appliances in the property have not been tested and no guarantee as to their operability or efficiency can be given.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 advisers 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.
Area
Agent & docs

FAQ
About Palmerston Street, Underwood, Nottingham
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