2-bedroom flat · NG5 1QJ
For saleListed 427 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Viewing is recommended on this modern purpose built apartment block, occupying a pleasant and convenient location, benefitting from uPVC double glazing, gas central heating throughout, as well as allocated parking space plus further visitor parking available.
The property briefly comprises of secure entry intercom through to a communal hallway.
The accomodation itself has an entrance hall with direct access to all rooms including a seperate modern kitchen diner, spacious lounge, two double bedrooms and three piece bathroom.
The property comes with an allocated parking space as well as additional parking facilities for guests.
The following leasehold information has been given to us by the current owner, this will require confirmation with a conveyancer upon purchase: Lease Length: 150 years from 2003 Service Charge: £1,232 per annum Ground Rent: £500 per annum Within the area of Sherwood, there are two primary schools: Seely Primary and Nursery School, and Haydn Primary School.
Sherwood has a number of churches, including St Martin's Church, Sherwood Methodist Church and United Reformed Church. Sherwood has great transport links to Nottingham City centre, A52, A60 and M1.
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 advisors 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 60, Sheridan Way, Nottinghamshire
Explore nearby