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 · NG2 6ER
Listing removedReduced £5k (−2.9%) on 21 JunListed 279 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two bedroom ground floor apartment situated within walking distance to both the Melton Road shops and Central Avenue.
This apartment benefits from two good sized bedrooms, a bathroom with a modern three piece suite comprising bath, overhead shower, wash basin and low level WC.
To the rear of the property there is a great sized living room and a kitchen with integrated appliances. Externally the property has one allocated parking space included.
Entrance Hall Entry phone, radiator. Living Room (4.47m x 3.8m) Window, two radiators.
Kitchen (2.55m x 1.7m) Wall and base units, work surface, sink unit, built in oven, hob, extractor hood, fridge freezer, washer. Bedroom 1 (3.93m x 3.26m) Window, radiator.
Bedroom 2 (2.79m x 2.31m) Window, radiator. Bathroom (1.69m x 1.64m) Comprising bath with shower over, low flush WC, wash hand basin, radiator. Outside Parking space.
Agents Note Please note the photos were taken prior to the current tenants moving in. The tenants are due to leave 31st March 2026.
We understand there is circa 116 years remaining on the lease, ground rent is £400pa and the service charge is £1001.42pa.
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
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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
Agent & docs
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FAQ
About Flat 2, 152, Melton Road, Nottingham
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