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See how verdicts work2-bedroom flat · NG5 7FT
Sold STCListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** Price Guide £140,000- £145,000*** Robert Ellis Estate Agents are delighted to offer to the market this well-presented two-bedroom first-floor maisonette, ideally located in a popular residential area of Arnold.
Just a short walk from local shops, amenities, and excellent bus routes, this property is perfect for first-time buyers, downsizers, or investors.
Accessed via a private set of steps, the accommodation comprises an entrance porch, a welcoming hallway, a bright and spacious lounge, and a generous kitchen/diner.
There are two well-proportioned bedrooms and a modern three-piece bathroom suite. Situated in a quiet and convenient location, this maisonette is ready to move into, DO NOT MISS OUT!
*** Price Guide £140,000- £145,000*** Located in a popular residential area of Arnold, this well-proportioned two-bedroom first-floor maisonette is just a short walk from a range of local shops, amenities, and convenient bus links, making it ideal for first-time buyers, downsizers, or investors.
Accessed via a private set of steps, the property welcomes you through a porch into a generous entrance hall.
Inside, you'll find a bright and spacious lounge, perfect for relaxing or entertaining, and a well-sized kitchen/diner with plenty of space for cooking and dining with the added benefit of included white goods.
The property offers two comfortable bedrooms, both neutrally decorated and filled with natural light which is ideal for use as sleeping quarters, guest space, or a home office.
Completing the layout is a modern bathroom fitted with a three-piece suite.
Set in a quiet, well-connected location and offering excellent value for money, this maisonette is ready for you to move in and make your own.
Having steps leading up to: Entrance Porch - UPVC door to the front, double glazed windows and UPVC door with car flap to: Hallway - Carpeted flooring, radiator, coving, loft access hatch and doors to: Kitchen - 2.87m x 2.92m approx (9'5 x 9'7 approx) - Linoleum flooring, double glazed window to the front, tiled splashbacks, range of wall, base and drawer units with work surfaces over incorporating a sink and drainer with mixer tap, radiator, fridge freezer, washing machine, dishwasher, tumble dryer, cooker with a cooker hood above, wall mounted TV, wall mounted boiler (approx.
12 years old and is serviced). Lounge - 4.98m x 3.51m approx (16'4 x 11'6 approx) - Carpeted flooring, two radiators, coving, fireplace and double glazed window to the front.
Bedroom 1 - 4.42m x 3.51m approx (14'6 x 11'6 approx) - Radiator, carpeted flooring, double glazed window to the rear, fitted wardrobes and vanity area.
Bedroom 2 - 2.90m x 3.20m approx (9'6 x 10'6 approx) - Built-in storage, double glazed window to the rear, carpeted flooring and a radiator.
Bathroom - Linoleum flooring, double glazed window to the side, low flush w.c., heated towel rail, vanity wash hand basin with mixer tap, tiled splashbacks, bath with mixer tap and mains fed shower, spotlights to the ceiling.
Outside - There is a mature rear garden with raised beds and lawned garden with fencing to the boundaries.
Agents Notes - The property is leasehold with a 999 year lease with commenced 10.6.70, there is a £5 p.a.
ground rent Council Tax - Gedling Council Band A Additional Information - Electricity – Mains supply Water – Mains supply Heating – Gas central heating Septic Tank – No Broadband – BT, Sky, Virgin Broadband Speed - Standard 16mbps Superfast 44mbps Ultrafast 1800mbps Phone Signal – EE, 02, Three, Vodafone Sewage – Mains supply Flood Risk – No flooding in the past 5 years Flood Defenses – No Non-Standard Construction – No Any Legal Restrictions – No Other Material Issues – No SPACIOUS 2-BED MAISONETTE IN ARNOLD!
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
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FAQ
About Smithy Crescent, Arnold
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