2-bedroom house · NG7 7JJ
Listing removedListed 63 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Now Available, is this 2 bedroom apartment located on the top floor of this tastefully renovated Historic Mill Building to the North of Nottingham City Centre.
Part of the ‘Basford Mill’ development this property benefits from access to a communal off-street car park, on-site CCTV, a ground floor mailbox, video intercom and pass-code building entrance.
The flat occupies the whole top floor and extends half the length of the mill!
Along with the size another benefit of its top floor location is the original beams have been fully incorporated into the design of each room.
Offered unfurnished, the property benefits from Double Glazed ‘Velux’ windows throughout providing a light and bright living space. Heating is provided by electric wall heaters.
The apartment opens onto a central hallway that leads to 2 double bedrooms, a single bathroom furnished with a white suite and an electric shower and screen fitted over the bath.
The large open plan living area with corner kitchen offers a spacious and bright room.
The kitchen features modern wall and base units, roll-edged work surfaces along with an integrated oven, hob, extractor and washer/dryer.
With Velux windows and the elevated position the flat has extensive views across Nottingham. Deposit: £980.76 Holding Deposit: £196.15 Council Tax Band: B
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
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
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FAQ
About Basford Mill, Flat 18, Egypt Road, Nottingham
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