2-bedroom flat · NG25 0GL
For saleListed 32 days
Opportunity summary
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About
Property Ref SM0559 This penthouse apartment is arranged mainly over two floors, the fourth and fifth floors with a garden room and roof terrace to the sixth floor.
The apartment is accessed via the communal entrance hall with stairs and a lift rising to no 25.
Fourth floor - The front entrance door opens into the reception area which has a lovely oak strip floor that leads through to the living area.
Stairs to the fifth floor showing exposed beams and a door entry phone system.
Open plan living / dining kitchen - Three rooms in one, with a relaxing seating area with double glazed windows to the rear, overlooking the open fields.
Oak strip flooring and two smart economical storage heaters.
A well fitted dining kitchen, with base and wall units, ceramic sink unit, double glazed windows to the side, ceramic hob, cooker hood and electric oven, plumbing for a dishwasher and a useful island unit.
There are panoramic views all around which beam in the sunlight. This open plan space is perfect for entertaining. Cloaks, low level WC and a pedestal wash hand basin.
Fifth floor - Bathroom with panelled bath, low level WC, pedestal wash hand basin, separate shower cubicle, towel radiator and extractor fan.
Bedroom - With a double glazed window to the rear with gorgeous views. Office / bedroom 3, double glazed window to the side, exposed timbers and giving access to the main bedroom.
Principal bedroom, with two double glazed arched windows, built- in wardrobes and a fixed bed leading through to the dressing room.
Dressing room with a double glazed arched window and a spiral staircase leading to the sixth floor.
Sixth floor - Garden room, located within the old water tower with double glazed arched windows and a double glazed door opening on to the roof terrace.
Roof terrace - a fantastic private outdoor space for this wonderful apartment. Artificial grass covering and wrought iron railings, outdoor lighting and stunning views all round.
Outside - A coded security barrier gives access to the private car park where there is allocated car parking for this apartment.
Location The property enjoys an enviable position set in the highly desirable Minster town of Southwell.
The town lies on the River Greet with the Greet Lily Mill Development adjacent to the Southwell Trail which offers rural walks around the countryside.
Within easy reach of the excellent facilities in the town centre which boasts many independent traders and a good range of local cafes and restaurants.
There is sought after primary and secondary schooling within easy access of the house including the Southwell Minster School.
Southwell is best known as being the site of the Minster with its towers dominating the local skyline.
The market town lies some 15 miles from Nottingham and 9 miles from Newark-on-Trent and the main A1. Newark Northgate station provides regular rail links to London St Pancras in 72 minutes.
Square Footage: 1,467 sq ft Leasehold with approximately 966 years remaining. Yearly maintenance fee £2382.48
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 25 Greet Lilly Mill, Station Road, Southwell
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