4-bedroom flat · NG7 5NG
Listing removedListed 71 daysAuction 2 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Strapline Auction Sale - 02/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website.
- A substantial end of terrace property, currently arranged as four one bedroom self-contained flats, benefitting from a rear yard, in need of moderniation, well located for the amenities of Alfreton Road and access to Nottingham City Centre.
Investment part let at £20,120 per annum (3 of 4 flats let). By Order of the Receivers. Description A substantial end of terrace property.
The property is arranged as four one bedroom self-contained flats over three storeys. Externally the property benefits from a rear yard. In need of moderniation.
Investment part let at £20,120 per annum (3 of 4 flats let). The property is considered to be underlet and there is potential to increase the income received.
Interested parties are to rely on their own enquiries in this regard. Location Nottingham is a city in the county of Nottinghamshire. Located on the corner of Alfreton Road and Grundy Street.
A range of amenities can be found nearby on Alfreton Road with a broader range available in Nottingham City Centre (approximately 1.3 miles).
Recreational amenities of Forest Recreation Ground, Nottingham Arboretum and Melbourne Parkare easily accessible. Transport Hyson Green Market - Tram. Radford Road - Tram.
Nottingham - CrossCountry/E M R/Northern.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 Flats 1-4, 406 Alfreton Road, Nottingham
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