2-bedroom terraced house · NG7 2DY
No longer listedReduced £155 (−13.5%) on 12 SepListed 62 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LENTON: A two bedroom, fully furnished house, with front and rear gardens and off-road car parking.
This two bedroom home is situated in the popular area of Lenton offering easy access for staff working at the QMC or students studying at Nottingham University.
The property is spacious and has a lounge with patio door leading to the rear garden, and a fully fitted kitchen with white goods included.
Upstairs there is the bathroom with shower located over the bath, one double and one single bedroom. WHY SHOULD YOU VIEW?
Situated a stone throw from the QMC, the property is ideal for those wanting a home conveniently located so they are within walking distance to Nottingham University.
The house also lies close to various bus routes leading into the City Centre where there are a variety bars, shops and attractions. The property also has space to the front for off street parking.
There is also gas central heating, double glazed windows and doors and the house is located on a quiet Cul-De-Sac location.
Council Tax Band B (Nottingham City Council) Deposit = the equivalent of 5 weeks rentHolding Deposit:Payment of a holding deposit, equivalent to 1 weeks rent, will secure the property for 7 days whilst references are obtained.
The holding deposit will be offset against your first months’ rent if your application is successful.
If you have any reason to suspect that you may fail referencing, please disclose the reasons so they can be considered before you apply.If, after 15 days of receipt of the holding deposit (‘deadline for agreement’), a tenancy has not been agreed, a decision about how to proceed will be made.
For example, the ‘deadline for agreement’ could be extended, your holding deposit could be refunded and the property remarketed or your holding deposit could be retained, for example, if you had provided false information.
Please find more information about the application process here
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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

FAQ
About Peregrine Close, Lenton
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