We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NG3 5AP
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no upward chain, this spacious and recently redecorated two-bedroom first-floor apartment provides well-presented accommodation in a convenient location.
The property benefits from a generous lounge diner, enjoying a pleasant outlook to the rear towards neighbouring allotments, creating a lovely space for relaxing.
The fitted kitchen is open to the entrance hall, which benefits from ample built-in storage cupboards.
There are two good-sized double bedrooms, together with a bathroom fitted with a modern three-piece suite.
Outside, residents can enjoy well-maintained communal grounds, together with the added convenience of gated off-street parking.
Ideally positioned for access to Nottingham City Centre and within easy reach of The Arboretum and Forest Recreation Ground providing attractive green spaces.
This is an ideal opportunity for first-time buyers, professionals or investors looking for a spacious, conveniently located apartment with no upward chain.
Entance Hall A communcal staircase leads to the properties entrance door and into the hallway, which has laminate flooring and serveral useful storage cupbaords.
One also houses the electric rcd board and another the hot water cylinder.
Kitchen The fitted kitchen is semi open from the hallway and has a variety of wall & floor cabinets, fitted worktop with tile spashback and stainless steel sink with mixer tap.
There is a fitted eletric oven & hob with extractor fan over and space for a washing machine and tall fridge freezer.
Lounge Diner Carpeted with rear UPVC double glazed window Bedroom 1 Carpeted with rear UPVC double glazed window Bedroom 2 Laminate flooring and front UPVC double glazed window Bathroom The bathroom has a bath with electric shower over and glass screen, wash hand basin, toilet and a heated towl rail.
There is an extractor fan, front UPVC double glazed window and vinly floor. Outside Coummunal gardens surround the property along with unallopcated communcal car parking accessed by electric gates.
Material Information Tenure: Leasehold lease details: Length term: 999 years From: 1976 ground rent:£40 per annum - to be reviewed on: service charge: £1,717.20 per annum (£143.10 per month) - to be reviewed on: council tax: Nottingham - Band A property construction: Solid brick any rights of way affecting property: Commucal gardens and walkways current planning permissions/development proposals: None known flood risk: Vey low asbestos present: Not known any known external factors: Communcal gardens.
Unallocated communcal parking. Location of boiler: N/a Utilities - mains gas, electric, water and sewerage.
Mains gas provider: N/a mains electricity provider: Octopus mains water provider: Severn Trent mains sewerage provider: Severn Trent water meter: Yes broadband availability: Please visit Ofcom - Broadband and Mobile coverage checker.
Mobile signal/coverage: Please visit Ofcom - Broadband and Mobile coverage checker. Electric car charging point: Not available.
Access and safety information: Stairs to the front door other information: **The property is also situated within the Nottingham City boundaries and will therefore be part of the Selective Licensing scheme , Please note that selective licencing is non-transferable and therefore any new owner would need to apply for a new license and would need to obtain information from the council direct with regards to costs.
*The lease information has been provided to Marriotts and to the best of our knowledge is correct.
Whilst every effort has been made to ensure the information is up to date, this can be subject to change without our knowledge and we, therefore, provide this as a guide only.* Full details of the freeholder, management company, lease, up-to-date service charge and ground rent will be supplied to you as part of the conveyancing process and checked by your solicitor should you proceed to purchase this property.
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
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 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
Agent & docs
.png)
FAQ
About Malcolm Close, Nottingham
Explore nearby