3-bedroom house · NG12 4EN
Listing removedListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £450,000-£475,000** An intro from the vendors: "Thank you for taking the time to look at our home on Melton Road in Tollerton.
This has been our family home for thirty years, and we mean it when we say it's been a wonderful one.
The time has come to for us to move towards something smaller, and closer to family as retirement comes into view.
But we leave with nothing but fondness, and we hope whoever comes next will find as much happiness here as we have.
The house is genuinely ready to move into and enjoy straight away, though we'd be the first to say there's room to put your own stamp on it.
One thing worth knowing: We converted the second downstairs reception room some years ago, and it functions beautifully as a ground floor bedroom - meaning the house can work as a four double bedroom home if needed, and also allows for completely self-contained downstairs living, with bathroom facilities already in place.
That's something that has suited us well and may be equally valuable to others.
We've also had plans professionally drawn up to replace the conservatory with a generous open-plan breakfast kitchen and living space - a real transformation that would take the heart of the home to another level entirely, these plans are available for any buyer who may want to take that vision forward.
The garden has been a real source of joy: Vegetable beds, soft fruit, a greenhouse, herbaceous borders, and a lovely spot to sit out on a summer evening.
It's a generous, private plot that rewards the time you give it, something we have thoroughly enjoyed.
Please note and in the interests of transparency the house sits on a main road and hand on heart, it's something we never really noticed after the first few weeks.
Road noise fades quickly into the background and has never once got in the way of enjoying the home or garden. Tollerton itself has been a brilliant place to raise a family.
The village primary school has a well-deserved reputation, the neighbours are genuinely lovely, and despite feeling quietly tucked away, you're never far from what you need - Morrisons, Aldi, and the shops at Wheatcroft Island are all close by, the city is accessible in fifteen to twenty minutes, and the Vale of Belvoir is equally easy to reach in the other direction.
Oh - and the Air Hostess is a two-minute walk. Widely regarded as one of the best pubs in Greater Nottingham. We'll miss that most of all Do come and have a look.
We're happy to answer any question, however direct, and we'll be completely straight with you" Agents view point: This property occupies a generous corner plot with vehicular access off Stanstead Ave leading to a driveway providing off-street parking for multiple vehicles.
To the front is a well maintainted garden mainly laid to lawn enclosed by hedges with a pedestrian gate. To the rear is an enclosed garden accessed from either the Conservatory or a side gate.
Internally, a hallway gives access to two reception rooms, one of which has been previously used as a fourth bedroom, a separate study, downstairs shower room, kitchen, utility room and large conversatory on the ground floor.
To the first floor there are three double bedrooms, the principal benefitting from a walk-in dressing room which could very easily be converted to an en-suite if desired all sharing a family bathroom.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 67, Melton Road, Nottingham
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