2-bedroom flat · NG5 1AR
For saleReduced £10k (−9.1%) on 21 AugListed 80 days
Opportunity summary
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About
Guide price £110,000 - £120,000 Positioned at the head of a tree-lined cul-de-sac, this well-presented two-bedroom first-floor flat enjoys a highly convenient location just a short distance from Nottingham City Centre.
With an excellent choice of shops, supermarkets, bars, restaurants, nightlife and superb transport links close by, this home is ready to move straight into.
With neutral decoration throughout and offered to the market with no onward chain, this makes it an outstanding opportunity for first-time buyers, professionals and investors alike.
The entrance hallway creates a warm and welcoming first impression and is equipped with a secure entry intercom system.
The bright and spacious open-plan living area provides a fantastic setting for both relaxing and entertaining.
The fitted kitchen features stylish white matt units with contemporary handles, ample worktop space, room for freestanding appliances and practical wood-effect flooring.
The living/dining area is finished with carpet, adding warmth and character to this sociable space.
The main bedroom is bright and airy, enjoying a pleasant front aspect with fitted carpet creating a peaceful retreat at the end of the day.
The second bedroom also overlooks the front and offers excellent versatility, making it ideal as a guest bedroom, home office or dressing room.
Completing the accommodation is a modern shower room fitted with a corner shower enclosure featuring an electric shower, a chrome heated towel radiator and attractive tile-effect flooring.
Outside, residents benefit from off-street parking, adding further convenience to this appealing home.
Please be aware that this listing contains digitally furnished images for demonstration purposes only.
Lease Information: Years Left on Lease: 116 years Service Charge: £1200 per annum (plus Insurance at £356 per annum) Ground Rent: £220 per annum (paid bi-annually) Reserve Fund: £205 per annum Entrance Hallway (3.37m x 0.89m) Open Plan Kitchen/Living (4.82m x 3.27m) Bedroom One (3.27m x 2.84m) Bedroom Two (2.26m x 1.95m) Shower Room (2.30m x 1.33m) Parking - Off Street Parking - On Street Disclaimer These particulars are produced in good faith and are set out as a general guide only.
Please note that all measurements quoted are approximate and are the maximum measurements for the space. Floor plans are for illustrative purposes only. Services have not been tested.
David James Estate Agents have established professional relationships with third-party suppliers for the provision of services to Clients.
As remuneration for this professional relationship, the agent receives referral commission from the third-party company.
David James Estate Agents receives the following commission from each third party supplier on a per referral basis: All Moves UK Ltd: 18% including VAT of the invoice total (£107 including VAT average) MoveWithUs Limited: £188 including VAT (average)
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.
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FAQ
About Flat 7, 16 Vivian Avenue, Nottingham
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