1-bedroom flat · NG1 5BG
For saleReduced £15k (−14.3%) on 21 JunListed 1061 days
Opportunity summary
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About
***attention investors*** Situated in this small development in a sought after part of the City Centre on the edge of The Park Estate this one bedroom basement apartment benefits from its own private entrance and briefly comprises of open plan lounge / kitchen area, one double bedroom & separate bathroom.
The property makes an ideal investment opportunity and is to be sold with tenants in situ generating an approx. 7.7% yield.
***attention investors*** Situated in this small development in a sought after part of the City Centre on the edge of The Park Estate this one bedroom basement apartment benefits from its own private entrance and briefly comprises of open plan lounge / kitchen area, one double bedroom & separate bathroom.
The property makes an ideal investment opportunity and is to be sold with tenants in situ generating an approx. 7.7% yield. Entrance The property is accessed via it's own private entrance.
Wooden apartment door allowing entry into the open plan lounge / kitchen. Lounge/diner 12' 10" x 12' (3.91m x 3.66m) Open plan lounge / kitchen.
Lounge with wood style laminate flooring, ceiling light, boiler & two radiators.
Lounge has wood framed window to the front elevation & access to the kitchen area, bedroom & internal hallway with storage cupboard & access to the bathroom.
Kitchen 8' 3" x 7' 11" (2.51m x 2.41m) Kitchen area with tiled floor & ceiling spot lights.
Kitchen has a range of base & eye level storage units, stainless steel sink with mixer tap, electric oven, inset gas hob & extractor fan.
Bedroom 13' 5" x 8' 8" (4.09m x 2.64m) Double bedroom with carpet, wall mounted radiator and ceiling light. Bedroom has frosted windows to the front elevation and internal to the living area.
Inner lobby With storage cupboard and access to the bathroom. Bathroom Bathroom with tiled floor, ceiling spot lights & heated towel rail.
Bathroom comprises of three piece white suite including low flush WC, pedestal wash hand basin with mixer tap & bath with shower over.
Lease information Remaining Lease Length: 982 Years Ground Rent: No Ground Rent Payable Estimated Service Charge: Approx £1,105 Per Annum
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
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FAQ
About Flat 2, 14, Oxford Street, Nottingham
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