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See how verdicts work2-bedroom flat · NG19 8BE
Sold STCListed 270 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***25% SHARED OWNERSHIP, OVER 55’s ACCOMMODATION*** This well presented two bedroom first floor flat is ideally located for those seeking convenience and practicality.
Upon entry, you are welcomed by a hallway that guides you through the accommodation.
The property comprises a fitted kitchen, a generously sized lounge offering a comfortable living space, two double bedrooms positioned to the front and rear, and a well-equipped shower room.
Further benefits include an allocated parking space and access to a communal rear garden, with the added advantage of a private shed belonging to the property.
Additional storage is available throughout, and the flat is perfectly situated with easy access to a range of local amenities, including supermarkets, schools, and other everyday conveniences, making it an ideal home.
EPC Rating: C Entrance Hall The entrance hall guides you through the flat and provides access to all rooms.
It includes an intercom system, central heating radiator, power points, and useful storage.
Kitchen 2.16m x 3.12m The kitchen is fitted with wall and base units throughout, offering an abundance of storage.
It houses a sink and provides space for additional appliances, with splashbacks surrounding the units for ease of maintenance.
Further benefits include power points, a central heating radiator, and a UPVC double-glazed window overlooking the rear.
Lounge 3.12m x 4.57m A generously sized lounge featuring a decorative mantelpiece with an electric fire.
A UPVC double-glazed window overlooks the front of the flat, filling the room with natural light. Additional features include power points throughout, a central heating radiator, and a TV point.
Bedroom No 1 2.46m x 4.57m A generous double bedroom with a UPVC double-glazed window, central heating radiator, power points, and a TV point.
Bedroom No 2 2.46m x 3.12m Currently used as a dining room, this versatile room could also serve as a double bedroom.
It includes a UPVC double-glazed window, central heating radiator, and power points.
Shower room This space features a low flush wc, vanity sink with built in unit and lighting and a walk in mains fed shower.
It also includes a UPVC double glazed window and central hating radiator. Outside Access to the property is via an outdoor porch where the front entrance is situated.
Stairs then lead up to the first floor where the flat is located.
To the rear and side of the building is a shared outdoor space, predominantly laid to lawn and bordered by mature trees and shrubbery, creating a pleasant and green setting.
The flat also benefits from its own private shed, providing useful additional storage.
Additional Information Tenure: Leasehold Council Tax Band: A For sale is 25% share of the property, with the remaining 75% owned by places for people.
The monthly rent payable for the un-owned 75% share is currently £416 per month (subject to change). The accommodation is for over 55's.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
About Portland Street, Mansfield Woodhouse, NG19
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