2-bedroom flat · NG24 3FY
To rentListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An impressive 2 Bedroom First Floor apartment on the popular Fernwood development with good access to the A1 & A46.
The property comprises of stairs leading up to the living area, lounge/diner, kitchen, two bedrooms, bathroom with shower over the bath. Electric heating. Outside there is an allocated parking space.
Features Double Bedrooms Property additional info Landing Living Room: 3.56 x 3.15 m Arch way to Kitchen Kitchen: 3.12 x 1.85 m Kitchen Bathroom Bedroom 1: 3.12 x 3.02 m Bedroom 1 Bedroom 2 Front of Property
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 Read Close Fernwood Newark Nottinghamshire
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