2-bedroom flat · NG3 5AP
For saleListed 1218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With two excellently sized double bedrooms as well as spacious living accommodation, this property proves popular for couples or sharers.
The kitchen is semi open plan with the hallway and the bathroom comprises a three-piece suite. Externally the property boasts secure parking behind fob controlled electric gates.
The property is currently tenanted at £800pcm on a rolling contract, generating an approximate gross yield of 8.4% per annum Viewing highly recommended.
Tenure: Leasehold Council: Nottingham City Council Council Tax band: A EPC rating: E Ground rent: £40 pa Service charge: £2052 pa Lease: 999 years from 1 January 1976
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 Malcolm Close, Nottingham, Nottinghamshire, NG3 5AP
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