6-bedroom house · NG10 2AH
For saleListed 413 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £450,000 - £475,000 - HMO For Sale - Six Bedroom HMO for Sale with a potential gross rental income of £41,700 per annum. The property was refurbished in 2022 and converted into a HMO.
There are seven rooms to let however current planning is for six rooms. Great Condition Throughout. Rear Garden. Garage also Let. No Upward Chain. Entrance Hall Stairs to the first floor.
Doors to a Bedroom and an inner hallway. Further Hallway Doors to a Bedroom and the Kitchen/Diner. Bedroom (3.81m x 3.51m (12'6 x 11'6)) Window to the front.
Bedroom (3.89m x 2.79m (12'9 x 9'2)) Window to the front. Kitchen/Diner (4.75m x 3.61m (15'7 x 11'10)) A range of base and wall units with space for appliances. Opens into a breakfast room area.
Door to the shower room. Window to the rear. Shower Room (2.59m x 1.09m (8'6 x 3'7)) Built in shower cubicle. Toilet and Wash hand basin.
Breakfast Room (5.41m x 2.59m (17'9 x 8'6)) Wood effect flooring. Breakfast Bars. Door to the rear. Window. Storage/Potential Bedroom (4.32m x 2.11m (14'2 x 6'11)) Window to the rear.
Built in cupboard. First Floor Landing Doors to four bedrooms and the bathroom. Bedroom (3.91m x 3.53m (12'10 x 11'7)) Window to the front elevation.
Bedroom (3.91m x 3.89m (12'10 x 12'9)) Bedroom (3.48m x 2.29m (11'5 x 7'6)) Window to the rear. Bedroom (3.43m x 2.62m (11'3 x 8'7)) Window to the rear.
Bathroom (3.61m x 2.49m (11'10 x 8'2)) Window to the rear. Bath. Toilet. Cupboard housing the boiler. Shower cubicle. Exterior Lawned garden, driveway and garage.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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
Agent & docs
FAQ
About 38, Bonsall Street, Long Eaton
Explore nearby