2-bedroom flat · NG9 6RX
For saleReduced £5k (−3%) on 11 OctListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a ground floor two-bedroom apartment in a particularly sought-after and established residential location.
A bright and contemporary well-proportioned two-bedroom ground floor apartment.
Situated in a small sought-after residential development of mainly housing, this excellent apartment offers ready to move into accommodation that will appeal to a variety of potential purchaser but is considered an ideal for those looking to downsize or a first time buyer.
In brief the internal accommodation comprises spacious entrance hall with storage cupboard, open plan lounge diner, kitchen, two bedrooms and a bathroom.
Outside the benefits from communally maintained gardens, a dedicated parking space, further visitor parking, bin and bike stores.
Situated in Chilwell, residents will enjoy a vibrant community with a variety of local amenities including shops, cafe's and parks, all within easy reach.
The area if well connected by public transport and is within easy walking distance of Attenborough Nature Reserve. Considered a rare opportunity this excellent is well worthy of viewing.
Communal Entrance A communal entrance door with intercom system.
Entrance Hall Panelled entrance door, intercom system, storage cupboard, electric heater and airing cupboard housing the hot water cylinder.
Lounge Diner (5.02m x 4.10 decreasing to 3.13m (16'5" x 13'5" d) Two UPVC double glazed windows and electric heater.
Kitchen (2.53m x 1.83m (8'3" x 6'0" )) Fitted wall and base units, work surfacing with splashback, single sink and drainer with mixer tap, inset electric hob with air filter above and electric oven below, plumbing for a washing machine, dishwasher and further appliance space.
Bedroom One (3.25m x 2.90m plus door recess (10'8" x 9'6" plus) UPVC double glazed window, electric heater and fitted wardrobe.
Bedroom Two (3.57m x 2.07m plus door recess (11'8" x 6'9" plus) UPVC double glazed window and electric heater.
Bathroom With modern fitments in white comprising WC, wash-hand basin inset into vanity unit with illuminated mirror above, bath with mains-controlled shower over, splashbacks, wall-mounted heated towel rail, extractor fan and UPVC double glazed window.
Outside The property is set in communally maintained gardens with stocked borders and lawned areas and to the rear of the building there is parking, where the property has an allocated space and further visitor parking.
The property also benefits from a bin and bike store. A rare opportunity to acquire a ground floor two-bedroom apartment in a particularly sought-after and established residential location.
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
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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 102, Mountbatten Way, Nottingham
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