2-bedroom flat · NG5 7NJ
Listing removedListed 73 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available now, this second floor two bedroom apartment has been redecorated and has new floorings.
With a spacious open plan living area and Juliet balcony giving views over a green, viewing is a must.
The Accommodation Comprises:- Communal Entrance With post boxes, door opening to communal hallway and stairs to all floors.
Hallway With new plank effect vinyl flooring, electric wall heater, cupboard housing hot water tank and entry phone.
Bedroom 2 (11'0" x 9'0") With rear aspect UPVC double glazed window, wall mounted electric heater and new grey carpet.
Bedroom 1 (10'02" x 9'04" to face of wardrobes) Being rear aspect with UPVC double glazed window, wall mounted electric heater, fitted wardrobe and new grey carpet.
Bathroom With modern white suite comprising panel enclosed bath with shower and screen over, wc, basin, heated towel rail, part tiled walls, vinyl floor.
Lounge (19'9" x 10'11") Being spacious with new plank effect vinyl flooring, UPVC double glazed French doors opening to a Juliette balcony, wall mounted electric heater, open plan to: Kitchen (9'4" x 8'10") With a range of modern light wood effect wall and base units, laminate worksurfaces, electric oven, electric hob and extractor over, washing machine*, stainless steel single bowl sink unit with mixer tap and tiled floor.
*Please note this item is goodwill only and won't be repaired or replaced by the landlord.
Outside The property has one allocated parking space and overlooks a communal maintained green area from the living room.
Material Information Restrictions - Due to the head lease of the building Some pets may not be allowed can be accepted. Deposit - £1000 Available - Now, long term. Minimum tenancy term - 12 months.
Management of tenancy - Mains will be managing the property. Utilities - Mains electric, water and sewerage. Electric supplier - Octopus Energy. Water supplier - Severn Trent Water.
The property has a water meter. Council tax - Band B - Gedling Borough Council. Broadband availability - if this link doesn't work please visit Ofcom - Broadband and Mobile coverage checker.
Mobile signal/coverage - if this link doesn't work please visit Ofcom - Broadband and Mobile coverage checker. Electric car charger point - not available.
Access and safety information - Second floor flat - no lift in the building. References and credit checks will be required.
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 148, Gardenia House, Nottingham
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