1-bedroom flat · NG14 5GS
To rentListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superbly presented fully furnished top floor apartment in an over 60's retirement development. Viewing is essential.
Overview The property comprises - Entrance Hallway With large storage cupboard housing the boiler, water tank and washer dryer, wall mounted electric heater and doors to all rooms.
Bedroom Having wall mounted electric heater, UPVC double glazed window and large walk-in wardrobe with shelving, hanging and a chest of drawers.
Shower Room With a modern shower suite and wall mounted towel radiator. Lounge Area Having a UPVC double glazed window, wall mounted electric heater and electric feature fireplace.
Kitchen Area Having a range of fitted wall and base units including, fridge, freezer, electric oven, ceramic hob, extractor hood, slimline dishwasher and microwave.
Outside Delightful communal gardens and allocated parking. Material Infromation Restrictions - Due to the head lease of the building Some pets may not be allowed can be accepted. Deposit - £2035.00.
You will be required to pay a holding deposit equivalent to one weeks rent at the point of referencing. This is then credited to the security deposit when acceptable references are completed.
Available - Now, long term. Management of tenancy - The landlord will be managing the property. Flood risk: None. Utilities - Mains electric, water and sewerage. Electric supplier - tbc.
Water supplier - Severn Trent Water. Council tax - Band B - Newark & Sherwood District Council.
Broadband availability - if this link doesn't work please visit Ofcom - Broadband and Mobile coverage checker.
Mobile signal/coverage - if this link doesn't work please visit Ofcom - Broadband and Mobile coverage checker. Electric car charger point - Not available.
Access and safety information - Second floor flat - there is a lift in the building. Note - The apartment is fully furnished. References and credit checks will be required.
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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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.
Area
Agent & docs
FAQ
About 36 Wisteria Place, Old Main Road, Nottingham
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