1-bedroom flat · NG14 5GS
For saleReduced £8k (−3.5%) on 13 OctListed 109 days
Opportunity summary
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About
Agent Ref Sally McQuillan SM0559 Wisteria Place, Burton Joyce Exclusively designed for the over 60s, Wisteria Place offers the perfect balance of independent living and peace of mind in an attractive development of just 43 apartments.
Residents can enjoy all the benefits of owning their own home without the worry of external maintenance or gardening, whilst becoming part of a welcoming community of like-minded neighbours.
A dedicated House Manager is available during weekday working hours, supported by a 24-hour emergency call system, camera door entry and CCTV throughout the development, providing reassurance for both residents and their families.
The beautifully furnished Residents' Lounge provides an ideal place to relax, socialise and meet friends, while landscaped communal gardens create pleasant outdoor spaces to enjoy throughout the year.
Family and friends travelling from further afield can book the on-site Guest Suite (subject to availability and a small charge), making overnight visits simple and convenient.
All electricity, heating, lighting and water costs for the communal areas are included within the service charge, together with buildings insurance, maintenance of the communal areas and gardens, window cleaning and a contingency fund for future redecoration.
Perfectly positioned within approximately 750 metres of Burton Joyce village centre, residents have easy access to shops, cafés, pubs, churches and the railway station.
Regular bus services to Nottingham and Southwell pass the development every 30 minutes, making it easy to stay connected without relying on a car.
Presented to an exceptional standard, this beautifully maintained first-floor apartment offers bright and spacious accommodation throughout.
The generous living room provides ample space for both seating and dining, while the contemporary fitted kitchen features a range of integrated appliances including an oven, ceramic hob, extractor hood and fridge-freezer.
The spacious double bedroom benefits from a superb walk-in wardrobe fitted with shelving, hanging rails and drawers, whilst the stylish shower room features a large walk-in shower, vanity unit, heated towel rail and emergency pull cord.
Further benefits include a separate utility/storage cupboard with washer/dryer, oak veneered internal doors, raised power sockets, TV and telephone points, curtains, blinds and light fittings, together with an allocated parking space (Space O).
Service Charge Includes Dedicated House Manager (Monday-Friday working hours) 24-hour emergency call system Camera door entry and CCTV Cleaning of communal windows Heating, lighting and electricity to communal areas Water for communal areas Maintenance of communal gardens and grounds Repairs and maintenance of communal areas Buildings insurance Internal and external redecoration fund Annual Service Charge: £2,569.38 (financial year ending 28th February 2026) Lease Information 999-year lease from January 2020 Ground Rent: £495 per annum Ground Rent Review: January 2035 Additional Information Mains water, electricity and drainage Electric heating Ultrafast Full Fibre Broadband available For further information or to arrange a viewing, please contact Sally McQuillan at eXp UK.
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 30 Wisteria Place, Old Main Road, Nottingham
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