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See how verdicts work2-bedroom bungalow · NG4 2PL
For saleReduced £8.5k (−20%) on 25 OctListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Directional Note The property can be approached by travelling along the Colwick Loop Road from Nottingham, and at the traffic light junction adjacent to Lidl, turn left into Victoria Road then take the 2nd turn right into Kingsly Drive and then left into Rochester Avenue, the bungalow occupying a prominent corner position.
Description An opportunity to acquire a 25% ownership in this retirement bungalow for those age 55 and over providing well appointed accommodation which is tastefully decorated and well presented throughout with recent improvements including the upgrading of the shower room.
The property has the advantage of an attached conservatory.
This semi detached bungalow is in a prominent position on the development having a small south and east facing garden adjoining Kingsly Drive and Rochester Avenue, the locality within walking distance of the busy Netherfield shopping centre and other facilities including a Lidl supermarket.
There are regular bus services close by, and Netherfield has a railway station on the regional Rail line linking Nottingham and Newark.
We are advised there are monthly charges totalling approximately £491.47 Accommodation The accommodation has the benefit of gas fired central heating and double glazing.
Entrance hall, boiler cupboard housing Glow Worm gas fired central heating boiler Living Room electric fire in attractive fireplace, doors leading to Conservatory double glazed built on low brick walls.
Kitchen fitted with white fronted wall cupboards and base units incorporating stainless steel sink, inbuilt electric oven with gas hob over Bedroom 1 Bedroom 2 Shower room, recently refurbished with a good sized walk in shower, vanity wash basin and low suite w/c Outside The bungalow has the advantage of small wrap around south and east facing gardens laid mainly to lawn.
Resident parking bays are close by. Tenure We understand the property is Leasehold.
Further information is available to perspective purchases Energy Performance Certificate Below is the graph relating to this property.
Should you require further information please do not hesitate to contact this office.
Council Tax: Council Tax Band B current charges £ 2,009.59 2026/2027 Gedling Borough Council Viewing: Strictly by appointment through the Nottingham Office Tel: E mail:
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
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About Rochester Avenue, NG4
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