2-bedroom flat · NG7 6JD
To rentListed 39 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SHERWOOD RISE: Stunning first floor flat has two double bedrooms and is beautifully furnished.
The property comprises an open plan living room and a stunning kitchen complete with appliances, two double bedrooms, and a gorgeous bathroom.
The attention to detail is exceptional and the finished article will be a property that you will be proud to call home.
WHY SHOULD YOU VIEW: This gorgeous Victorian residence is on one of the major routes into the city.
The apartment is the ideal base for anyone who wants to be in close proximity to the city and there is an abundance of public transport, or you can chose to walk within 15-20 minutes!
Locally, Carrington is an increasingly popular area. In the centre you'll find a superb butchers on Hucknall Road, an artisan potter, and the oasis that is The Gladstone public house.
There are a number of independent hotels, The Westminster is a large Best Western hotel, and what was The Savoy now operates as a Mercure Hotel and has meeting rooms, a gym, and pool.
2016 saw the addition of a fine dining Indian restaurant Masala Junction located next door to our office, and The Cods Scallops which takes the humble Fish & Chip supper to a whole new level.
No more than 2 sharersNo PetsCouncil Tax Band - A (Nottingham City Council)Deposit = the equivalent of 5 weeks rentHolding Deposit:Payment of a holding deposit, equivalent to 1 weeks rent, will secure the property for 7 days whilst references are obtained.
The holding deposit will be offset against your first months’ rent if your application is successful.
If you have any reason to suspect that you may fail referencing, please disclose the reasons so they can be considered before you apply.If, after 15 days of receipt of the holding deposit (‘deadline for agreement’), a tenancy has not been agreed, a decision about how to proceed will be made.
For example, the ‘deadline for agreement’ could be extended, your holding deposit could be refunded and the property remarketed or your holding deposit could be retained, for example, if you had provided false information.
Please find more information about the application process here
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Sherwood Rise, Nottingham
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