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 work3-bedroom house · NG2 5DS
Listing removedReduced £25k (−6.3%) on 21 AugListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £400,000 - £425,000 three-storey house with fantastic potential...
This three-storey semi-detached house offers spacious accommodation throughout and presents a fantastic opportunity for a range of buyers, including families and investors seeking a property with great potential.
Offering plenty of scope for improvement, this home would benefit from modernisation, providing an excellent opportunity for purchasers to put their own stamp on the property and create a home to suit their individual tastes.
Further enhancing its appeal, the property benefits from planning permission for a rear extension, which would reconfigure the accommodation to provide four bedrooms and three bathrooms, making it an excellent prospect for growing families.
Situated in a highly sought-after location, the property enjoys easy access to a range of local shops, top-rated schools and excellent transport links.
The ground floor comprises a square bay-fronted living room featuring a wood-burning stove, a separate dining room ideal for entertaining, and a fitted kitchen.
To the first floor are two well-proportioned bedrooms serviced by a three-piece bathroom suite, whilst the second floor hosts a bedroom complete with its own en-suite.
Outside, the property benefits from on-street parking to the front.
To the rear is a generous enclosed garden featuring a lawn, mature shrubs and established trees, offering a private outdoor space with plenty of potential for keen gardeners and families alike.
Must be viewed EPC Rating: D Hallway (4.65m x 0.88m) The hallway has carpeted flooring, a radiator, coving and a single door providing access into the accommodation.
Living Room (4.41m x 3.44m) The living room has a UPVC double-glazed square bay window to the front elevation, carpeted flooring, a recessed chimney breast alcove with a wood burning stove, an exposed brick fireplace surround and tiled hearth, built-in shelving and coving.
Dining Room (4.44m x 3.65m) The dining room has a UPVC double-glazed window to the rear elevation, carpeted flooring, an exposed brick fireplace surround with a tiled hearth, a radiator and a walk-in pantry.
Kitchen (5.60m x 2.13m) The kitchen has a range of fitted base and wall units with Granite worktops, space for a freestanding cooker, an extractor fan, a stainless steel sink with two drainers, space and plumbing for a washing machine, space for a fridge-freezer, quarry tiled flooring, partially tiled walls, UPVC double-glazed windows to the side and rear elevation and a single door providing access out to the garden.
Landing (3.69m x 1.61m) The landing has a UPVC double-glazed obscure window to the side elevation, carpeted flooring and provides access to the first floor accommodation.
Landing (2.78m x 1.39m) The landing has carpeted flooring, a radiator and a built-in under the stairs cupboard.
Master Bedroom (4.47m x 3.65m) The main bedroom has a UPVC double-glazed window to the front elevation, carpeted flooring, a radiator and built-in wardrobes with over the head cupboards.
Bedroom Three (2.92m x 3.57m) The third bedroom has a UPVC double-glazed window to the rear elevation, carpeted flooring and a radiator.
Bathroom (2.92m x 2.15m) The bathroom has a low level flush W/C, a pedestal wash basin, a fitted bath with a shower fixture, wood-effect flooring, partially tiled walls, a radiator, a built-in cupboard and a UPVC double-glazed obscure window to the side elevation.
Bedroom Two (3.55m x 3.63m) The second bedroom has a UPVC double-glazed window to the side elevation, carpeted flooring, a radiator, a cast iron fireplace and access into the en-suite.
En-Suite (1.47m x 1.60m) The en-suite has a low level flush W/C, a pedestal wash basin, a fitted shower enclosure, carpeted flooring, tiled walls, a radiator and an extractor fan.
Additional Information Broadband Speed - Ultrafast 1800 Mbps (Highest available download speed) 220 Mbps (Highest available upload speed) Phone Signal – All 4G & 5G available Electricity – Mains Supply Water – Mains Supply Heating – Gas Central Heating Sewage – Connected to main sewer Flood Risk – No flooding in the past 5 years+ Flood Risk Area - Low chance of flooding Construction – Brick Mining Area – Located on the coalfield.
No further mining report is currently required for this property according to Mining Remediation Authority records Accessibility – No Other Material / Safety Issues - No known safety issues have been disclosed by the seller Any Legal Restrictions – No Disclaimer Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities.
Purchasers must make further investigations and inspections before entering into any agreement.
Rear Garden To the rear is an enclosed garden with a lawn, mature shrubs and trees and fence-panelled boundaries. Parking - On Street
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.
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FAQ
About 54 Lady Bay Road, Nottingham
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