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See how verdicts work2-bedroom house · NG13 8SZ
Listing removedListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** semi detached home ** 2 double bedrooms ** breakfast kitchen ** westerly facing rear garden ** off road parking & garage ** cul-de-sac location ** close to amenities ** ideal 1st time buy ** ideal buy to let ** viewing highly recommended ** An opportunity to purchase a relatively modern semi detached home tucked away in a small cul-de-sac setting shared by similar homes and positioned within walking distance of a nearby park as well as having excellent access to the wealth of local amenities.
The property offers around 635 sq.ft.
Of internal accommodation and is tastefully appointed with modern fixtures and fittings, comprising an initial enclosed porch leading through into the main reception and, in turn, the breakfast kitchen which overlooks the rear garden.
To the first floor there are two double bedrooms and a bathroom.
The property comprises a manageable plot with a lawned frontage with inset shrubs and an adjacent driveway providing off road car standing for two vehicles.
In turn this leads to the attached garage and access into a westerly facing rear garden which is enclosed to all sides.
These properties are likely to appeal to a wide audience and although large enough to accommodate a small family will probably, in the main, appeal to single or professional couples, those downsizing from larger dwellings or buy to let investors, this property having been let for some years on a short hold tenancy.
Overall viewing comes highly recommended to appreciate both the location and accommodation on offer.
Bingham The market town of Bingham is well equipped with amenities including a range of shops, primary and secondary schools, doctors and dentists, leisure centre and railway station with links to Nottingham and Grantham.
The town is conveniently located for commuting situated at the intersection of the A52 and A46 and with good road links to the A1 and M1.
A UPVC double glazed entrance door leads through into: Initial Enclosed Porch (1.42m x 0.99m (4'8" x 3'3")) Having cloaks hanging space, wall mounted electrical consumer unit and a further door leading through into: Sitting Room (5.61m x 3.58m (18'5" x 11'9")) Having a spindle balustrade turning staircase rising to the first floor with under stairs storage cupboard beneath, windows to two elevations and a further door leading through into: Kitchen (3.58m x 2.54m (11'9" x 8'4")) Fitted with a range of white gloss fronted wall, base and drawer units with L shaped configuration of laminate work surfaces; inset sink and drain unit with brushed metal mixer tap and tiled effect splash backs; integrated appliances including four ring gas hob, single oven beneath and chimney hood over; plumbing for washing machine, space for free standing fridge freezer, wall mounted Worcester Bosch gas central heating boiler, space for a small dining or breakfast table, window and exterior door into the garden.
Returning to the sitting room A spindle balustrade turning staircase rises to: First Floor Landing (2.62m x 0.89m (8'7" x 2'11")) Having further doors leading to: Bedroom 1 (3.56m x 2.84m (11'8" x 9'4")) A double bedroom having aspect to the front and access to loft space above.
Bedroom 2 (3.56m x 2.49m (11'8" x 8'2")) A further double bedroom having an aspect into the rear garden with over stairs cupboard.
Bathroom (2.57m x 1.52m (8'5" x 5')) Having a three piece suite comprising panelled bath with chrome taps and wall mounted electric shower over, close coupled WC and pedestal washbasin; over stairs cupboard and window to the side.
Exterior The property is tucked away towards the end of the close on a manageable plot set back behind an open plan frontage which is partly lawned with inset shrubs and a pathway leading to the front door.
To the side of the property a driveway provides off road car standing for two vehicles and in turn leads to the brick built garage.
The rear garden benefits from a westerly aspect, having initial paved terrace leading back into the kitchen, L shaped lawn, further seating area at the foot and enclosed in the main by panelled fencing.
Garage (5.13m x 2.79m (16'10" x 9'2")) Having power and light, up and over door and potential storage in the eaves; also cold water tap and waste so potentially could house a washing machine or similar appliance; a courtesy door gives access into the rear garden.
Council Tax Band Rushcliffe Borough Council - Band b Tenure Freehold Additional Notes The property is understood to have mains electricity, drainage, gas and water (information taken from Energy performance certificate and/or vendor).
Additional Information Please see the links below to check for additional information regarding environmental criteria (i.e.
Flood assessment), school Ofsted ratings, planning applications and services such as broadband and phone signal.
Note Richard Watkinson & Partners has no affiliation to any of the below agencies and cannot be responsible for any incorrect information provided by the individual sources.
Flood assessment of an area:_ Broadband & Mobile coverage:- Radon Gas:- School Ofsted reports:- Planning applications:-
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 24, Ringwood Road, Bingham
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