Modern Method of Auction
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See how verdicts work6-bedroom terraced house · NG1 4EN
For saleReduced £30k (−13%) on 26 OctListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Starting Bid £230,000 - Sale via Modern Method Of Sale* Prime Investment Opportunity - Calling Investors Offered for sale with no onward chain, this six-bedroom House of Multiple Occupancy represents a sound addition to any property portfolio, situated in a prime central Nottingham location within 1 mile of the city centre.
Accommodation The property extends across three floors, totalling approximately 1,071 sq ft (99.5 m²), with the layout well suited to HMO use throughout.
On the ground floor, a large open-plan kitchen and living area measuring 16'3" x 15'0" (4.96 x 4.59 m) serves as the main communal space for residents.
A ground floor WC and entrance hallway complete this level. The first floor provides three bedrooms — the largest measuring 12'9" x 7'3" — alongside a bathroom and a separate WC.
The second floor mirrors this arrangement with a further three bedrooms, the principal room measuring 13'0" x 7'3", again served by a bathroom and WC.
Both upper floors therefore have their own bathroom and toilet facilities, with three WCs across the property in total.
Outside The property benefits from a shared courtyard to the rear, accessed via a gated pedestrian entrance — a useful and secure outdoor space for residents in a city centre setting.
Further Information A current HMO licence is in place, and the property is ready to let without delay.
Sold with no onward chain, this is a straightforward purchase for any landlord looking to add to or start a portfolio in Nottingham's established rental market, being sold with vacant possession.
These sales particulars have been prepared by Belvoir upon the instruction of the vendor.
Any services, equipment and fittings mentioned in these sales particulars have NOT been tested, and accordingly, no warranties can be given.
Prospective purchasers must take their own enquiries regarding such matters. These sales particulars are produced in good faith and not intended to form part of a contract.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional. EPC rating: C. Tenure: Freehold,
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 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 North Sherwood Street, Nottingham, NG1
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