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 terraced house · NG16 5GL
Sold STCListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** THE PERFECT PLACE TO BE ON PALMERSTON STREET! *** This beautiful 2 bedroom end terrace property is the perfect home to get onto the property ladder.
Boasting comfortable, light and airy living space perfect for a first time buyer or for those looking to downsize, the accommodation consists of a dining room, lounge, kitchen, bathroom and 2 double bedrooms.
Outside is a generous garden to the rear and this charming home is located in a desirable village setting close to many great amenities such as local shops, great pubs, nearby schools, public transport and only a short drive from junction 27 of the M1.
You will fall in love at first sight with this rather lovely home! To book your viewing call our sales team today (option 2).
Lounge 3.97m x 3.35m (13' 0" x 11' 0") UPVC double glazed window and entrance door to the front, radiator, stairs to the first floor and door to the dining room.
Dining Room 3.35m x 2.96m (11' 0" x 9' 9") Under stairs storage cupboard, radiator, and open to the kitchen.
Kitchen 3.18m x 2.31m (10' 5" x 7' 7") A range of matching wall and base units with worksurfaces incorporating an inset 1.5 bowl ceramic sink & drainer unit.
Space for cooker and fridge freezer, plumbing for washing machine. UPVC double glazed window to the rear, radiator, skylight and door to the bathroom.
Bathroom White 3 piece suite comprising wc, pedestal sink and panelled bath. Obscured uPVC double glazed window to the rear, radiator and partly tiled walls.
Landing Doors to both bedrooms. Bedroom 1 3.97m x 3.3m (13' 0" x 10' 10") UPVC double glazed window to the rear and radiator.
Bedroom 2 3.36m x 2.95m (11' 0" x 9' 8") UPVC double glazed window to the front, radiator bult in storage cupboard and access to attic.
Outside The front of the property is palisaded by brick wall to the front with access via a wrought iron gate.
The rear garden is enclosed by timber fencing to the perimeter with gated access to the side and comprises; paved patio seating area, turfed lawn, raised brick flower bed borders with a range of plants and shrubs and paved pathway leading to the rear of the garden where there are 3 brick built outhouses.
*** AGENT NOTE *** AGENT NOTE: The seller has provided us with the following information; the boiler is located in the kitchen and is 6 years old. It was last serviced in October 2025.
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
FAQ
About Palmerston Street, Underwood, Nottingham, NG16
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