1-bedroom detached house · NG7 1PR
Listing removedReduced £25 (−3.2%) on 4 JulListed 144 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LENTON: Located on the first floor of this converted Victorian house, this one bedroom self-contained apartment is beautifully presented, has off-road car parking, and is within easy reach of the city or the Queens Medical Centre.
Providing outstanding value in a highly popular area, this property has a modern fitted kitchen diner with appliances, a bathroom with shower over the bath, and a well-proportioned living room and bedroom.
WHY SHOULD YOU VIEW? Lenton is very popular area just over a mile from the City Centre.
Synonymous with student living, the area has a young crowd, and there is a good choice of bars, shops, restaurants and take-away's.
Situated on Derby Road, the flat is well placed for public transport, and QMC is within walking distance.No Pets No more than 2 Sharers Council Tax Band A (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 & Oaks are ARLA licensed agents & members of their Client Money Protection scheme. We are also members of The Property Ombudsman.
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 270 Derby Road, Nottingham
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