2-bedroom flat · NG7 1HR
For saleListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the sought-after Castle Marina development, this well-presented two-bedroom apartment offers modern open-plan living in a convenient and picturesque waterside location.
The property briefly comprises an entrance hallway with useful storage, leading through to a spacious open-plan living, dining and kitchen area, creating an ideal space for both relaxing and entertaining.
The contemporary kitchen benefits from a range of fitted units and integrated appliances, while the living area provides plenty of natural light and access to the balcony overlooking the surrounding development.
There are two bedrooms, with the principal bedroom benefitting from its own en-suite shower room. A further modern family bathroom serves the second bedroom and guests.
Externally, the apartment is located within a secure gated development and benefits from an allocated parking space.
The property is offered to the market with no upward chain, making it an excellent opportunity for first-time buyers or investors alike.
The development is ideally positioned close to a wide range of local amenities at Castle Marina Retail Park and offers excellent access to Nottingham City Centre, the Queen’s Medical Centre and the University of Nottingham Entrance Hall Entrance door leads to entrance hall with doors leading off to bedrooms, bathroom and living area.
Storage cupboard Open Plan Living Areas Kitchen Fitted kitchen comprsing of wall, base and drawer units with laminated worktops over.
Inset stainless steel sink with mixer tap over, electric hob with splashback and cooker hood over.
Integrated appliances to include automatic washing machine/dryer, dishwasher, electric oven and microwave Living Area Ample space for dining table and sofa's patio door leading to outside space Master Bedroom Having a range of fitted wardrobes providing, hanging and storage space.
Window and wall heater En-suite Having tiled glass shower cubicle, low flush wc, pedestal wash handbasin with mixer tap over, complementary half tiled walls.
Bedroom Two Space for single bed, wall heater and window Bathroom White bathroom suite comprising of panelled bath, ovehead shower, glass shower screen.
Low flush wc, pedestal wash handbasin with mixer tap over, stainless steel radiator/towel warmer.
Tiling to walls Our vendor informs us of the following information Currently tenanted achieving £995 pcm Service Charge £1600 PA Ground Rent £150.00 PA Lease - 103 years remaining Disclaimer Robins Estates removing a property from the market and instructing solicitors for your purchaseAgents Disclaimer: Robins Estates, their clients, and employees 1: Are not authorized to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of 2: Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assume that the property has all necessary planning, building regulation or other consents and Robins Estates have not tested any services, equipment or facilities.
Purchasers must make further investigations and inspections before entering into any agreement.
Purchaser information - The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017(MLR 2017) came into force on 26 June 2017.
Robins Estates require successful purchasers proceeding with a property to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill or bank statement.
We are also required to obtain proof of funds and provide evidence of where the fund originated from.
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
Agent & docs
FAQ
About The Quays, Castle Quay Close, Nottingham, NG7
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