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See how verdicts work2-bedroom terraced house · S80 1UH
Sold STCListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attention investors/landlords!! For sale with sitting tenant is this deceptively spacious two bedroom mid terrace property located in a prime location of Worksop.
The tenant is currently paying £650 PCM, with an estimated yield of over 9%. Spacious two bedroom mid terraced house benefitting from an electric heating system.
The property briefly comprises; living room, kitchen dining room, two bedrooms, bathroom, loft room and a courtyard to the rear.
Ideally situated in a prime location of Worksop, the property is just a short walk from a range of local shops and amenities, with the town centre only a short distance away.
It also benefits from excellent transport links, making it ideal for commuters and everyday convenience.
Freehold EPC Grade E Council Tax Band A IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
DIN260457/2 Living Room 3.7m x 3.6m (12' 2" x 11' 10") Front facing door providing access to the property, laminate floor covering, front facing double glazed window and electric heater.
Kitchen Dining Room 3.73m x 3.84m (12' 3" x 12' 7") Range of wall and base units with integrated electric oven and ceramic hob, inset sink and drainer with mixer tap, space/plumbing for washing machine and fridge freezer.
Rear facing double glazed window, electric heater, tiled flooring and rear facing door providing access to the rear garden. First Floor Landing Fitted carpet.
Bedroom One 3.78m x 3.63m (12' 5" x 11' 11") Fitted wardrobes, front facing window, carpet flooring and electric heater.
Bedroom Two 1.83m x 3.63m (6' 0" x 11' 11") Rear double glazed window facing window, fitted carpet and electric heater.
Bathroom 2.26m x 1.8m (7' 5" x 5' 11") Panelled bath with electric shower over, low flush W.C and hand wash basin.
Storage cupboard, tiling to the walls, vinyl floor covering and rear facing obscured window.
Loft 3.84m x 3.58m (12' 7" x 11' 9") Fitted carpet, electric heater and rear facing double glazed window. Rear Garden Paving area and lawned garden.
Letting Services Reeds Rains offers comprehensive letting services, providing a range of service levels to suit individual landlord needs.
From tenant sourcing and referencing to full property management, their flexible packages are designed to offer support at every stage of the letting process.
Agents Notes To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply. Ask the branch for further details.
Value & comps
No previous sales on record.
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 asking
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 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
Agent & docs
FAQ
About Speedwell Place, Worksop, Nottinghamshire, S80
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