2-bedroom flat · NG10 1JW
Listing removedListed 232 days
Opportunity summary
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About
GUIDE PRICE £110,000 - £120,000 A SUPERB TWO DOUBLE BEDROOM FIRST FLOOR APARTMENT IN THE HEART OF LONG EATON WITH PARKING AND SPACIOUS AND LIGHT OPEN PLAN LOUNGE KITCHEN DINER.
A two double bedroom first floor flat ideal for the first time buyer or investor.
With gas central heating and double glazing and accommodation of entrance hall, open plan living/dining kitchen, two double bedrooms and bathroom. Secure parking to the rear.
A LIGHT AND AIRY TWO BEDROOM FIRST FLOOR APARTMENT FOUND CLOSE TO LOCAL AMENITIES, IDEAL FOR A FIRST TIME BUYER OR INVESTMENT.
Robert Ellis are proud to bring to market this deceptively spacious two bedroom apartment situated in a popular residential location of Long Eaton fantastic access to the town centre and all that Long Eaton has to offer as well as great commute links by the M1 and a 52 road network.
We believe this property will appeal to first time buyers and investors as the property is in a turn key condition being ready to move in to and we encourage an early bird viewing to avoid disappointment.
Entry to the complex is through a secure gate and the apartment is found on the first floor.
Once at the apartment, the front door opens onto a spacious hallway where there is two large torage cupboards, one being a cloaks cupboard.
The hallway leads to the open plan living kitchen with wall and base units and integrated appliances along with ample space for a sofa and dining table, there are two double bedrooms and the bathroom.
This particular apartment block is located within easy walking distance of both ASDA and Tesco super stores and numerous other retail outlets found in Long Eaton town centre.
If required, there are schools for all ages with health care and sports facilities nearby, which include the popular Cliffod Gym.
From the centre of Long Eaton there is an excellent bus service to Nottingham, Derby and East Midlands Airport.
Other transport links include Junction 25 of the M1, East Midlands Airport, Long Eaton train station and the A52 providing good access to both Nottingham and Derby.
Entrance Hall - 4.29m x 2.57m approx (14'1" x 8'5" approx) - The entrance hall has a fire-door opening into the apartment, with laminate flooring, two ceiling lights, there are two cupboards off this, a large storage space and a cloaks cupboard.
There are doors off for the two bedrooms, bathroom and open plan lounge kitchen dining room.
Open Plan Lounge Kitchen Diner - 7.21m x 4.11m approx (23'7" x 13'5" approx) - The open plan room has three UPVC double glazed windows, laminate flooring in the lounge dining area, two ceiling lights, TV point and radiator.
The kitchen has wood effect wall, drawer and base units to two walls with white laminate rolled edge worktops, inset oven, four ring hob and extractor, cupboard housing the boiler, vinyl flooring, splash-back tiling, inset stainless steel sink and drainer with a swan neck mixer tap.
Cloaks Cupboard - The cupboard has a hanging rail and is ideal for a cloaks space.
Bedroom One - 4.27m x 2.92m approx (14'0" x 9'6" approx) - The main bedroom has a UPVC double glazed window, carpeted flooring, ceiling light, radiator and TV point Bedroom Two - 4.27m x 2.67m approx (14'0" x 8'9" approx ) - The second bedroom has a UPVC double glazed window, carpeted flooring, ceiling light, and radiator.
Bathroom - 2.1m x 1.88m approx (6'10" x 6'2" approx ) - The bathroom has vinyl flooring a pannelled bath, with a mains fed shower above, ceiling lights, low flush wc and pedestal sink with storage cupboard below Outside - There is an allocated parking space Directions - On leaving our Long Eaton office turn right onto Oxford Street and Burton Court can be found further down on the left hand side.
8918JG Agents Notes - The property is held leasehold on a 125 years lease which commenced 1.1.2007.
There is a service charge of £133.90 pcm and ground rent of £377 pa, details to be verified by a purchasers solicitor.
Council Tax - Erewash Borough Council Band B Additional Information - Electricity – Mains supply Water – Mains supply Heating – Gas central heating Septic Tank – No Broadband – BT, Sky, Virgin Broadband Speed - Standard 17mbps Superfast 73mbps Ultrafast 1800mbps Phone Signal – EE, 02, Three, Vodafone Sewage – Mains supply Flood Risk – No flooding in the past 5 years Flood Defenses – No Non-Standard Construction – No Any Legal Restrictions – No Other Material Issues – No MUST BE VIEWED!
A TWO DOUBLE BEDROOM FIRST FLOOR APARTMENT, IDEAL FOR THE FIRST TIME BUYER OR INVESTOR
Value & comps
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Returns
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Archie refurb estimate: a Pro feature
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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.
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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.
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