We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NG3 6FG
Listing removedReduced £10k (−7.1%) on 6 MarListed 451 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £130,000 - £140,000.
Available to cash buyers only (due to remaining period of current lease), this well-presented second-floor apartment is situated in a sought-after location close to Mapperley’s vibrant amenities, shops and transport links.
Offered to the market with no onward chain, it is ideal for first-time buyers, downsizers or professionals. Neutrally decorated throughout, the property provides a blank canvas for personalisation.
A welcoming entrance hallway leads into a spacious and bright lounge/dining room, flooded with natural light and offering access to the kitchen.
The well-equipped kitchen features modern base and wall units, integrated cooking appliances, a dishwasher, fridge/freezer, washer and a useful storage cupboard.
There are two bedrooms, with the main double bedroom boasting built-in wardrobes and an en-suite three-piece shower room. The second bedroom also benefits from built-in wardrobes.
The bathroom is fitted with a modern white three-piece suite with shower off the bath mixer taps. For added security and peace of mind, the property benefits from a secure entry system.
Outside, there is an allocated parking space in the resident’s car park.
EPC Rating: C Lounge/Dining Room 3.47m x 6.22m Kitchen 1.74m x 4.11m Bedroom One 3.14m x 3.47m En-Suite Shower Room 1.68m x 1.84m Bedroom Two 2.23m x 2.72m Bathroom 1.66m x 2.09m Parking - Allocated parking 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
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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
Agent & docs
FAQ
About Chelwood Drive, Mapperley, Nottingham
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