1-bedroom flat · NG11 8QD
For saleListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £60,000 to £70,000 One bedroom first floor flat being sold with no upward chain. The property is in need of some modernisation and this has been reflected within the price.
The accommodation comprises entrance hall, store, stairs to landing, lounge, fitted kitchen, double bedroom, bathroom. The property also benefits from gas central heating and double glazing.
An early viewing is recommended to appreciate this priced to sell flat. No chain. Entrance Hall Double glazed front door, laminate flooring, walk in storage area, stairs to landing.
Landing Laminate flooring, storage cupboards, wall mounted radiator. Lounge 4.20 x 3.60 - Laminate flooring, wall mounted double radiator, television point, double glazed window to rear aspect.
Fitted Kitchen 2.74 x 2.40 - Matching base and wall units with worktops over, drawers, one and half bowl single drainer sink unit, fitted electric cooker, four ring hob, plumbing for washing machine, tiled flooring, double glazed window to rear aspect.
Bedroom 4.20 x 3.00 - Wall mounted radiator, laminate flooring, double glazed window to front aspect.
Bathroom 2.03 x 1.64 - Panelled bath with handles, electric shower over, low level W.C., pedestal wash basin, double glazed opaque window to rear aspect.
Outside There is a yard to the rear of the property with outbuilding. Agents Note We draw potential buyers attention to the fact that this property is of non-standard construction.
Purchasers should satisfy themselves and their mortgage lenders as to the suitability of this construction type before proceeding.
Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. Please be advised that prior permission is required to keep pets at this property.
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 39, Fairisle Close, Nottinghamshire
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