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See how verdicts work1-bedroom flat · NG1 3NX
For saleListed 1051 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £100,000-£110,000.
***cash buyers only*** Making an ideal investment purchase with tenants in situ until April 2024 or available with vacant possession, this one bedroom fifth floor apartment boasts a private terrace with City facing views.
Situated in this centrally located development which offers onsite concierge service, gym & leisure facilities early viewing is strongly recommended. Guide price £100,000-£110,000.
***cash buyers only*** Making an ideal investment purchase with tenants in situ until April 2024 or available with vacant possession, this one bedroom fifth floor apartment boasts a private terrace with City facing views.
Situated in this centrally located development which offers onsite concierge service, gym & leisure facilities early viewing is strongly recommended.
Hallway With a fitted carpet, wall mounted electric heater, intercom system, airing cupboard, utility cupboard housing a washing machine and fitted ceiling spotlights.
Open plan living/dining/kitchen 16' 1" x 14' 5" (4.9m x 4.39m) With a living area with double glazed windows and two doors leading out to the private terrace, fitted carpet, TV aerial and phone points, wall mounted electric heater and fitted ceiling spotlights.
The kitchen comprises of a range of fitted wall and base units with a rolled edge worktop over incorporating a stainless steel sink, electric oven, inset hob with extractor over, integrated dishwasher, wood effect vinyl floor covering and fitted ceiling spotlights.
Bedroom 10' 7" x 8' 7" (3.23m x 2.62m) With fitted carpet, wall mounted electric heater, fitted wardrobe with sliding mirrored doors and fitted ceiling spotlights.
Bathroom With a fitted suite comprising of a bath with mixer tap and shower over, low flush w.c., pedestal wash hand basin, part wall tiling, heated towel rail, wood effect vinyl flooring and fitted ceiling spotlights.
External The property enjoys a private terrace benefitting from elevated views from the fifth floor towards the City Centre.
Amenities There are a range of onsite facilities including a gym, swimming pool, Jacuzzi and steam room. Additionally, there is an onsite concierge service.
Lease information Remaining Lease Length: 983 Years Ground Rent: £250 Per Annum Estimated Service Charge: Approx £3,000 Per Annum
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 507, The Litmus Building, Nottingham
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