1-bedroom flat · NG5 4LW
Listing removedListed 165 daysAuction 18 Jun · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to acquire a first-floor one-bedroom apartment located on the outskirts of Woodthorpe.
Let on an AST at £6,600 pa For Sale by Public Auction on 18/06/2026 at Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE £30,000+ Long Leasehold one-bedroom apartment Situated on the outskirts of Woodthorpe Located in a well-established & sought-after residential area 1-minute drive to Mapperley Plains amenities 2.8 miles North West of Nottingham City Centre Excellent bus links to the City Centre and surrounding areas In a good catchment area for both primary & secondary schools Layout: Entrance hall, lounge, kitchen, bathroom & bedroom Let on an AST at £6,600 pa Ample on-street parking on Melbury Rd & Somersby Rd An ideal opportunity for investors Internal photos to be added next week Viewings Contact Auction Estates on For further information please contact Auction Estates on
Value & comps
No previous sales on record.
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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 starting price
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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 73B Somersby Road, Woodthorpe, Nottingham, NG5 4LW
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