2-bedroom bungalow · NG11 8LZ
For saleListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Much improved two bedroom bungalow located in this highly sought after location.
The property has under gone significant improvements by the current vendor and an internal viewing is highly recommended.
The property has the benefit of an heat source air pump, new double glazing, rewired in 2023, re fitted bathroom in 2024 and offers superb open plan living.
The accomodation comprises entrance porch, fitted kitchen, lounge, inner hallway, two bedrooms, shower room. Front and rear gardens, garage. Viewing A must!
Entrance Porch Double glazed front door, carpet flooring.
Open Plan Living 8.45 x 3.88 Lounge Wall mounted radiator, coving to ceiling, double glazed window to rear aspect, double glazed sliding door rear gardens.
Fitted Kitchen Matching base and wall units with worktops over, drawers, one and half bowl single drainer sink with shower tap, fitted electric cooker, four ring electric hob, extractor hood, built in dishwasher, fridge, freezer, double glazed window to front aspect.
Hallway Wall mounted radiator, storage cupboard, double glazed window to front aspect. Bedroom One 4.52 x 2.62 - Wall mounted radiator, carpet flooring, wardrobe, double glazed window to rear aspect.
Bedroom Two 3.00 x 2.23 - Wall mounted radiator, carpet flooring, double glazed window to rear aspect.
Shower Room 2.33 x 2.25 - Shower cubicle with shower, low level W.C., wash basin, wall mounted radiator, extractor fan, double glazed opaque window to rear aspect.
Outside Enclosed rear gardens with decking, shed, fencing, heat source pump. Garage with up and over door.
Agents Note There is a cost of £220 paid into a residents association which covers all grass cutting outside and monitored CCTV on the street.
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
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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
FAQ
About 32, Gervase Gardens, Nottingham
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