2-bedroom bungalow · NG16 2ZT
Sold STCListed 202 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Just released is this two bedroom high specification detached bungalow located on the new development of Foresters Rise in Newthorpe.
Having sold a number of bungalows and houses off plan the development is now entering the next phase of completion.
The bungalow offers a good amount of space and quality fitting including internal oak doors, bespoke kitchen, en suite to the master bedroom, and benefits from a south facing rear garden.
The bungalow accommodation comprises of an large open plan lounge/kitchen with bi fold doors opening onto the enclosed rear garden.
The bespoke kitchen includes a built in dishwasher, automatic washing machine, fridge/freezer, oven, hob and extractor hood. Two bedrooms and shower room.
The master bedroom also has the benefit of an en suite shower room. Outside there is a block paved driveway to the front of the property and enclosed garden to the rear.
The bungalow must be viewed to fully appreciate the quality finish this property has to offer. To book you exclusive viewing of the development and the bungalow please call our sales team on .
Kitchen 3.84m (12'7") x 2.92m (9'7") Upon entering through the composite door to the side elevation you will be greeted with the bespoke kitchen which opens though to the lounge showing off the size and space the bungalow has to offer.
The kitchen comprises of a sink unit with mixer taps inset into work surfaces, a range of base, wall and larder units complemented with tiled splash back areas.
The kitchen also has a built in oven hob and extractor hood, built in dishwasher, built in automatic washing machine and built in fridge freezer. Spotlights to the ceiling.
Open plan access through to the lounge.
Lounge 4.22m (13'10") x 3.05m (10'0") Having bi fold doors opening onto the enclosed south facing rear garden, spotlights to the ceiling and central heating radiator.
Open plan inner hall With central heating radiator and oak internal doors leading to the two bedrooms, shower room and storage cupboard. Bedroom One Double glazed window to the front elevation.
Spotlights to the ceiling and central heating radiator. Access to the en suite shower room.
En Suite Comprising of a walk in shower cubical with shower over, wash hand basin with storage cupboard below and central heating radiator. Spotlights to the ceiling and central heating radiator.
Bedroom Two Double glazed window to the front elevation, spotlights to the ceiling and central heating radiator.
Shower Room Double walk in shower cubical with shower over, wash hand basin with storage below and low flush wc. Chrome heated towel rail. Spotlights to the ceiling.
Outiside A block paved driveway to the front of the property giving off road car parking. Paved walkway to the side of the property leads to the enclosed south facing rear garden.
Paved walkway and patio area. Fenced borders.
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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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 Foresters Rise, Newthorpe, Nottingham
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