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See how verdicts work2-bedroom flat · NG1 5AD
Sold STCListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented throughout, this two bedroom third floor apartment has been lovingly upgraded and updated by the current owner and affords an excellent position with views over the internal courtyard.
The accommodation comprises of an entrance hall and leads to the open plan lounge/diner with a Juliet balcony and modernised kitchen.
There are two double bedrooms (one with fitted storage) and a refitted bathroom. Externally, alongside communal gardens the property also benefits from a gated, allocated parking space.
Situated in this popular development there is easy access to an array of local amenities being position just a short walk from Old Market Square. Early viewing is strongly recommended.
HALLWAY 15' 10" x 3' 4" (4.83m x 1.02m) With wood effect laminate flooring, airing cupboard, electric storage heater, intercom system and fitted ceiling spotlights.
LOUNGE/DINER 15' 9" x 9' 11" (4.8m x 3.02m) With wood effect laminate flooring, Juliet Balcony with courtyard views, two electric storage heaters and fitted ceiling spotlights.
KITCHEN 9' 9" x 6' 7" (2.97m x 2.01m) With a range of fitted high and low level units with a squared edge worktop over incorporating a stainless steel sink and drainer, splashback tiling, integrated electric oven, inset hob and extractor hood over, integrated fridge and slimline dishwasher, washing machine plumbing, wood effect laminate flooring and fitted ceiling spotlights.
MASTER BEDROOM 11' 11" x 7' 10" (3.63m x 2.39m) With wood effect laminate flooring, double glazed window, wall mounted electric heater and ceiling light.
BEDROOM TWO 10' 6" x 7' 9" (3.2m x 2.36m) With wood effect laminate flooring, double glazed window, electric storage heater, fitted wardrobe and ceiling light.
BATHROOM The refitted bathroom comprises of a panelled bath with a mains fed mixer bar shower with rise and twin shower head, low flush w.c., wall hung vanity wash hand basin, wood effect flooring, part wall tiling, chrome heated towel rail and fitted ceiling spotlights.
EXTERNAL The property enjoys communal gardens and there is an allocated gated parking space. AGENTS NOTES Please note that the development is currently undergoing remedial works to the cladding.
It is expected that works will commence Summer 2026 with the view these will be completed on all blocks and an EWS1 certificate through Summer/Autumn 2027.
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 Ropewalk Court, Derby Road
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