We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom detached house · NG16 2EQ
Listing removedListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** A WONDERFUL BUNGALOW OFFERING COMFORTABLE SINGLE-STOREY LIVING!
*** NO UPWARD CHAIN*** This well-presented detached bungalow offers spacious and practical accommodation, perfectly suited to those looking to downsize, retire in comfort, or simply enjoy the ease of single-level living.
Situated in a desired location close to local amenities, the property also benefits from great road and transport links, including easy access to the M1 and A610.
The accommodation comprises an inviting entrance hallway, a spacious lounge ideal for relaxing or entertaining, a fitted kitchen with ample storage and workspace, two double bedrooms, and a three piece shower room.
Externally, the property enjoys a low maintenance rear garden, providing the perfect outdoor space without the upkeep.
To the front there is ample off road parking along with a garage, offering additional storage or secure parking.
Offered to the market with no upward chain, this fantastic bungalow presents a superb opportunity in a highly sought-after and convenient location. Call our team today to arrange your viewing!
(Option 2) Entrance Hall UPVC entrance door, storage cupboard and doors to all bedrooms, shower room, lounge and kitchen.
Lounge 4.7m x 3.6m (15' 5" x 11' 10") UPVC double glazed window to the front, feature fireplace with inset electric fire and radiator.
Kitchen 3.3m x 2.7m (10' 10" x 8' 10") A range of wall and base units with worksurfaces incorporating inset 1.5 stainless steel sink & drainer unit, space for fridge freezer, cooker and plumbing for washing machine.
Partially tiled walls, vinyl flooring, radiator and uPVC double glazed window to the front. Shower Room White three piece suite comprising wc, pedestal sink and mains fed cubicle shower.
Tiled flooring, tiled walls, obscured uPVC double glazed window to the side and radiator.
Bedroom 1 3.9m x 3.6m (12' 10" x 11' 10") UPVC double glazed window to the rear, fitted wardrobes and radiator.
Bedroom 2 2.9m x 2.8m (9' 6" x 9' 2") French doors to the rear garden and radiator. Garage Garage with up and over doors.
Outside To the front of property is a paved driveway leading to the garage, with a paved pathway giving access to the entrance door, to the front is a turfed lawn with flower bed borders and a range of plants and shrubbery.
The rear garden features paved patio seating area, turfed lawn with flower bed borders with a range of plants and shrubbery, glass green house and is palisaded by a mixture of brick walls and timber fencing.
*** AGENT NOTE *** AGENT NOTE: The seller has provided us with the following information; the gas boiler is located in the loft, it is two years old and was last serviced in October 2024.
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 Richmond Avenue, Newthorpe, Nottingham, NG16
Explore nearby
