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See how verdicts work2-bedroom flat · NG7 1HD
For saleListed 491 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to bring to market this beautifully presented two-bedroom apartment, located in a secure and well-maintained block - perfect for first-time buyers or savvy investors looking to expand their portfolio.
This Second-floor apartment is thoughtfully designed to offer both comfort and practicality.
The spacious front room leads onto a lovely balcony with views of the immaculate communal garden, creating a calm and inviting outdoor space.
Situated in a prime location close to Nottingham city centre, the apartment is just a 15-minute walk to Queen’s Medical Centre and 30 minutes to the University of Nottingham’s Park Campus.
Excellent transport links and easy access to major roads make commuting simple, while local amenities, schools, and parks are all nearby.
Room Dimensions: Lounge/Diner: 18'4" x 10'4" (5.59m x 3.15m) Kitchen: 10'5" x 5'8" (3.18m x 1.73m) Bedroom 1: 10'6" x 9'1" (3.2m x 2.77m) Bedroom 2: 9'1" x 6'7" (2.77m x 2m) Bathroom: 6'5" x 5'6" (1.96m x 1.68m) Ownership Information: Ground Rent Review Period: Annually Service Charge Review Period: Annually Tenure & Lease Details Tenure: Leasehold Held on a lease for a term of 99 years from 1st January 1984 Approximately 60 years remaining on the lease Ground Rent: £200 per annum (rising) Possession: Tenanted at £950 pcm
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 55, Alderney Street, Nottingham
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