3-bedroom semi-detached house · NG21 0TB
Sold STCListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SOLD AS SEEN * SHARED OWNERSHIP PURCHASE (Price shown is 50% purchase.
Full purchase price would be £195,000) Presenting an exceptional opportunity to acquire a well-appointed three bedroom semi-detached house, this attractive property is offered with no upward chain and the benefit of flexible shared ownership options (from 10% to 75%).
The home is thoughtfully designed for comfortable modern living, featuring double glazing throughout and efficient gas central heating, ensuring a warm and energy-efficient environment all year round.
Upon entering, you are welcomed by a spacious hallway that leads to a bright and airy living room, perfect for relaxation and entertaining guests.
The contemporary kitchen is fitted with a range of modern units and ample worktop space, providing a practical and stylish setting for culinary pursuits.
Adjacent to the kitchen, a convenient dining area creates a sociable hub for family meals.
The property boasts three generously sized bedrooms, each offering plenty of natural light and versatility to accommodate family members, guests or home office needs.
The principal bedroom benefits from an en-suite shower room, while a well-appointed family bathroom serves the remaining bedrooms., both finished With modern fixtures and fittings.
Additional features include ample storage solutions throughout the home, ensuring a clutter-free and organised living space.
For added convenience, the property offers off road parking via a private driveway, providing secure and accessible parking for residents and visitors alike.
This superb house is ideally suited to first-time buyers, growing families or those looking to downsize without compromising on comfort and style.
With its appealing layout, and flexible purchase options, this property represents a rare opportunity to secure a desirable home in a sought-after residential location.
Early viewing is highly recommended to fully appreciate the quality and value on offer. Shared Ownership Information The property is offered on a Shared Ownership Purchase basis.
Shares can be purchased between 10% and 75% on the first purchase, with rent (per month) then payable as follows:- 10% £402.19 25% £335.16 30% £312.81 40% £268.13 50% £223.44 60% £178.65 70% £134.06 75% £111.72 For information about the qualification and application process, please contact Thomas James Estate Agents.
Leasehold & Service Charge Details We are advised that the property is leasehold, on a Shared Ownership House Lease type.
We are informed that the lease issued will be for 990 years, with the commencement date of when the property was originally owned by the vendor.
We understand that the service charge for the period 1 April 2026 to 31 March 2027 will be levied at £51.08 per month. (This amount does not include rent). Council Tax Band Council Tax Band B.
Newark & Sherwood District Council.
Amount Payable 2026/2027 £2,038.01 Referral Arrangement Note Thomas James Estate Agents always refer sellers (and will offer to refer buyers) to Premier Property Lawyers, Ives & Co, and Curtis & Parkinson for conveyancing services (as above).
It is your decision as to whether or not you choose to deal with these conveyancers.
Should you decide to use the conveyancers named above, you should know that Thomas James Estate Agents would receive a referral fee of between £120 and £240 including VAT from them, for recommending you to them.
Garden At the front of the property, a pathway leads to the entrance. The garden to the rear of the property is laid to a patio seating area, with lawn and shrub beds beyond.
Parking - Driveway For added convenience, the property offers off road parking via a private driveway, providing secure and accessible parking for residents and visitors alike.
Disclaimer BRANCH DISCLAIMER These particulars are prepared by Thomas James Estate Agents on the vendor’s instruction.
Services, equipment and fittings have not been tested; no warranties are given. Buyers should make their own enquiries. Details are provided in good faith and do not form part of a contract.
Measurements are approximate. MONEY LAUNDERING Under the Proceeds of Crime Act 2002, purchasers must provide two forms of ID (e.g.
passport/driving licence and a recent utility bill) before solicitors are instructed.
REFERRAL ARRANGEMENT Thomas James may refer clients to Premier Property Lawyers, Ives & Co, and Curtis & Parkinson. You are free to choose.
If you use them, Thomas James receives a referral fee of £120–£240 incl. VAT.
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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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.
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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.
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FAQ
About Readwald Drive, Rainworth, NG21
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