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See how verdicts work2-bedroom bungalow · NG16 3DD
No longer listedReduced £10k (−5.6%) on 10 SepListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ref: NH1497 This property really does offer great potential in an extremely popular residential location!
A superb, two bedroomed detached Bungalow that has been very much loved for many years by its current owner and is now offered for sale at a great price, just ready for someone to update it and make it their own!
The property offers great living accommodation, off road parking and a beautiful garden to enjoy these lovely summer evenings. This really is a property not to be missed!
Book your viewing today by calling Nicola on An exciting opportunity awaits with this two-bedroom detached bungalow, perfectly positioned in a popular residential location known for its peace and quiet, yet within easy walking distance of the town centre.
This property, offering immense potential as a refurbishment project, sits on a substantial plot and features gated off-road parking and a mature, well-maintained garden.
Upon entering, the Entrance Hall offers a practical welcome with a wooden and glazed door to the front elevation, a central heating radiator, and a convenient pantry cupboard.
This area provides direct access to the main living spaces.
The heart of the home is the bright Lounge (4.27m x 3.35m), featuring a charming bay window to the front elevation that fills the room with natural light.
A gas fire on a tiled hearth provides a focal point, complemented by a central heating radiator, creating a warm and inviting atmosphere.
The Kitchen (2.44m x 2.39m), though ready for modernisation, offers a functional layout with wall, base, and drawer units, contrasting work surfaces, and a stainless steel sink and drainer with a mixer tap.
It includes a gas cooker point and plumbing for an automatic washing machine, with a window and door to the rear elevation providing garden access and natural light.
The bungalow boasts two generous double bedrooms.
The Master Bedroom (4.11m x 3.35m) is a spacious retreat, featuring a range of fitted furniture for ample storage, a central heating radiator, and a window to the side elevation.
Bedroom Two (3.53m x 3.38m) is another well-proportioned room, benefiting from a bay window to the front elevation and a central heating radiator.
The Bathroom (2.49m x 1.96m) is fitted with a bath, WC, and a pedestal wash basin.
It also conveniently houses the combi boiler, a central heating radiator, and a window to the rear elevation, offering scope for a modern update. Externally, the property truly shines.
Occupying a fantastic plot, it sits back from the road behind a fenced and gated front garden with a driveway providing ample off-road parking for at least two cars.
The rear of the property boasts a mature and well-maintained garden, featuring lush lawns, attractive borders, and established shrubs and trees, creating a serene outdoor space.
A brick-built outbuilding provides useful additional storage.
This bungalow presents a rare opportunity to create a bespoke home in a highly sought-after area, combining great potential with a desirable location.
Early viewing is highly recommended to fully appreciate what this property has to offer.
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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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
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FAQ
About 21, Wood Street, Nottingham
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