2-bedroom flat · NG9 6RJ
Listing removedListed 89 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern two bedroom apartment with neutral decor throughout. Central heating and double glazed. The property includes : Large open plan lounge/Diner which leads to the kitchen area.
Modern kitchen with fitted units and electric oven, hob and extractor. The kitchen benefits from a window allowing lots of light into the kitchen space.
Two double bedrooms with Neutral decoration and carpets. Bathroom with wash basin, toilet and bath with electric shower over. Storage cupboard in the hallway.
Allocated parking to the rear of the property with secure phone entry system.
Information deposit £950 Holding deposit £190 Please note should you have an outstanding ccj, Bankruptcy or an iva unfortunately you may not be considered.
The amount of income you need to be earning jointly or individually needs to be £24,750 annually.
Every care has been taken with the preparation of these particulars but complete accuracy cannot be guaranteed.
If there is any point, which is of great importance to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you.
These particulars do not from a contract or part of a contract. Please note it is not advised to apply for a property without viewing.
Photographs supplied may not always be reflective of the current condition. EPC rating: C.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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
Agent & docs
FAQ
About 16, Johnson Way, Chilwell
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