2-bedroom flat · NG4 3LJ
Listing removedListed 225 days
Opportunity summary
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About
NO UPWARD CHAIN - This is a delightful opportunity to acquire a beautifully refurbished ground floor maisonette, perfect for those seeking a tranquil lifestyle without sacrificing convenience.
This property features two well-proportioned bedrooms and upon entering, you are greeted by a welcoming entrance hall that leads to a spacious lounge; where natural light floods in through French doors, providing a seamless connection to the communal gardens.
The modern kitchen is equipped with integrated appliances and the contemporary bathroom suite has a shower over the bath.
The neutral decor throughout the property allows for personal touches, making it easy to create a home that reflects your style.
In addition to its appealing interior, this property comes with the added benefit of an allocated parking space.
With local amenities just a stone's throw away, you will find everything you need within easy reach, from shops to parks, and regular bus services to Nottingham city centre and the surrounding area.
Entrance Hallway - From the communal entrance way, the UPVC front doors leads into the hall which has grey wood effect vinyl and fitted door mat, electric wall heater, coat cupboard housing the RCD board.
Lounge - With carpet, large storage cupboard, electric wall heater and UPVC French doors to the communal garden.
Kitchen - Fitted with a range of modern white gloss wall and base cabinets, worktop and metro tile splash back, stainless steel sink/drainer & mixer tap, integrated appliances which include electric oven, ceramic hob, integrated washing machine, and fridge freezer.
Having grey wood effect vinyl, electric heater and UPVC double glazed window.
Bedroom 1 - UPVC double glazed window, electric wall heater, carpet, cupboard housing the water tank and feature wall panelling.
Bedroom 2 - UPVC double glazed window, carpet, electric wall heater and built in double wardrobe.
Bathroom - The bathroom is fitted with a modern white suite comprising of bath with mixer taps, electric shower over and glass shower screen, vanity wash hand basin is mixer tap and storage under, back to wall toilert with flush plate.
The room is half tiled, has grey wood effect vinyl, UPVC window, extractor fan and heated towel rail. Outside - One allocated parking space and communal gardens.
Material Information - TENURE: Leasehold LEASE DETAILS: Length term: 125 years From: 01/01/1992 GROUND RENT: £49 per annum SERVICE CHARGE: £1,000 per annum.
COUNCIL TAX: Gedling borough council - Band A PROPERTY CONSTRUCTION: Cavity brick ANY RIGHTS OF WAY AFFECTING PROPERTY: Communal pathways CURRENT PLANNING PERMISSIONS/DEVELOPMENT PROPOSALS: No FLOOD RISK: Very low ASBESTOS PRESENT: Not known ANY KNOWN EXTERNAL FACTORS: No LOCATION OF BOILER: Electric heating UTILITIES - mains gas, electric, water and sewerage.
MAINS GAS PROVIDER: E-on MAINS ELECTRICITY PROVIDER: E-on MAINS WATER PROVIDER: Severn Trent MAINS SEWERAGE PROVIDER: Severn Trent WATER METER: BROADBAND AVAILABILITY: Please visit Ofcom - Broadband and Mobile coverage checker.
MOBILE SIGNAL/COVERAGE: Please visit Ofcom - Broadband and Mobile coverage checker. ELECTRIC CAR CHARGING POINT: not available.
ACCESS AND SAFETY INFORMATION: Ground floor flat with level access OTHER INFORMATION: Please note some photographs in this advert have been enhanced with virtual furniture for demonstration purposes.
*The lease information has been provided to Marriotts and to the best of our knowledge is correct.
Whilst every effort has been made to ensure the information is up to date, this can be subject to change without our knowledge and we, therefore, provide this as a guide only.* Full details of the freeholder, management company, lease, up-to-date service charge and ground rent will be supplied to you as part of the conveyancing process and checked by your solicitor should you proceed to purchase this property.
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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