2-bedroom flat · NG16 1FP
For saleReduced £5k (−3.8%) on 5 JulListed 283 days
Opportunity summary
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About
*** calling all first timers, down-sizers & investors *** An excellent opportunity to acquire a modern ground floor 2 bedroom apartment with two allocated parking spaces and it's own private garden.
Well maintained apartments with a lengthy lease and reasonable service charge aren’t always easy to come by, but that’s exactly what you get with this stylish apartment in Watnall.
The accommodation comprises in brief; entrance porch, lounge with view over looking the rear garden, inner hall, fitted kitchen, three piece bathroom suite and two bedrooms.
To the outside the property benefits with its own entrance, to the side two allocated parking spaces and to the rear an enclosed private garden.
The property sits on a modern residential development nearby schools include Larkfields, Hollywell & The Kimberley School, all less than a mile away.
The shops and amenities of both Kimberley Town Centre & Giltbrook Retail park are just a short drive away and key road & transport links include the A610, which leads to Junction 26 of the M1 motorway.
Entrance Hall UPVC double glazed door to the front, radiator and door to the lounge. Lounge 4.45m x 3.02m (14' 7" x 9' 11") UPVC double glazed window to the rear and radiator.
Doors to the inner hall and bedroom 2. Inner Hall Doors to the kitchen, bedroom 1, bathroom and under stairs storage. Radiator.
Dining Kitchen 2.66m x 2.02m (8' 9" x 6' 8") A range of matching wall & base units, work surfaces incorporating an inset sink & drainer unt.
Integrated electric oven & gas hob with extractor over. UPVC double glazed window to the side, radiator, wall mounted boiler.
Bedroom 1 3.7m x 2.76m (12' 2" x 9' 1") UPVC double glazed window to the rear, fitted wardrobe and radiator. Bedroom 2 2.55m x 1.83m (8' 4" x 6' 0") UPVC double glazed window to the rear and radiator.
Bathroom 3 piece suite in white comprising WC, wall mounted sink and bath with shower over. Extractor fan and radiator.
Outside To the rear of the property are 2 allocated parking spaces and access to the rear garden which comprises a paved patio, turfed lawn and is enclosed by timber fencing to the perimeter with gated access to the side.
Agents Note The seller has provided us with the following information: The boiler is located in the kitchen and was last serviced November 2025.
Lease Information 125 years lease term starting 1/3/2003. 102 years left Ground rent £225.00 per annum Service charge £332.69 per annum mp management Company
Value & comps
No previous sales on record.
Returns
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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 48, Nimbus Way, Nottingham
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