2-bedroom bungalow · NG4 1PE
Sold STCListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £280,000-£290,000 This detached bungalow offers an excellent opportunity for a buyer looking to put their own stamp on a property and unlock its full potential.
Available with no upward chain, this bungalow is elevated and accessed via steps, offering a commanding position in a popular residential area close to local amenities.
With plenty of scope throughout, an initial entrance porch opens into a hallway, leading to all main rooms.
To the left, a spacious lounge features a large front-facing window that floods the room with natural light and overlooks the front garden, complemented by a feature fireplace.
To the rear, a generous breakfast kitchen enjoys views over the rear garden and provides convenient side access.
The accommodation includes two double bedrooms, a family bathroom and a separate WC, all of which could be modernised to suit contemporary living.
The property also benefits from a large loft that has undergone a scheme of conversion and has both boarding and lighting.
The space offers lots of potential for the new owners (subject to any necessary planning and permissions for further works) and is currently accessed via ladders from the hallway.
Outside, the property benefits from a front garden, driveway, and detached garage to the side, while the enclosed and southerly-facing rear garden offers mature trees, planting and plenty of scope for landscaping, further including a brick-built outbuilding for additional storage.
Entrance Porch (1.34m x 0.48m) Entrance Hallway (4.76m x 1.64m) Lounge (4.28m x 4.13m) Dining/Kitchen (4.75m x 3.44m) Bedroom One (4.14m x 3.07m) Bedroom Two (4.10m x 3.11m) Bathroom (2.79m x 1.81m) Wc (1.38m x 0.85m) Loft Space (7.24m x 5.68m) Parking - Garage Parking - Driveway Disclaimer These particulars are produced in good faith and are set out as a general guide only.
Please note that all measurements quoted are approximate and are the maximum measurements for the space. Floor plans are for illustrative purposes only. Services have not been tested.
David James Estate Agents have established professional relationships with third-party suppliers for the provision of services to Clients.
As remuneration for this professional relationship, the agent receives referral commission from the third-party company.
David James Estate Agents receives the following commission from each third party supplier on a per referral basis: All Moves UK Ltd: 18% including VAT of the invoice total (£107 including VAT average) MoveWithUs Limited: £188 including VAT (average)
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 11 Third Avenue, Nottingham
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