Modern Method of Auction
Auction date not yet published
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 bungalow · NG10 5NX
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**FOR SALE BY MODERN METHOD OF AUCTION** GUIDE PRICE £190,000 PLUS RESERVATION FEE** Deceptively Spacious, Stylish Two-Bedroom End-Terrace Bungalow with Spacious Living Space and Direct Park Access - No Upward Chain.
EPC Rating: E. Council Tax Band: A. This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional.
Location Situated in a highly regarded, elevated pocket of Sandiacre, Far New Close offers the perfect blend of quiet residential living and exceptional everyday convenience.
The property boasts an enviable position that enjoys pleasant open aspects and direct pedestrian access toward the leafy expanses of Hayworth Road Park, making it an ideal choice for first-time buyers, downsizers, or young families who value outdoor recreation right on their doorstep.
Sandiacre itself provides a thriving village atmosphere with an excellent choice of local amenities, including independent shops, cafes, traditional pubs, and supermarkets, whilst the more extensive retail, dining, and leisure facilities of Long Eaton town centre are just a short drive away.
For families, the area is well-served by reputable local primary and secondary schooling. Commuters will find the location particularly advantageous.
Far New Close benefits from superb transport links, with swift and easy access to Junction 25 of the M1 motorway and the A52, providing effortless connections to both Nottingham and Derby city centres.
Additionally, frequent bus routes serve the immediate area, and Long Eaton railway station is within easy reach, offering regular services further afield.
Summary • Unique End-of-Terrace Bungalow: An exceptionally rare-to-market single-storey home occupying a prime end position for enhanced privacy and natural light.
• Impressive Living Space • Generous & Elevated Plot: Set back in an elevated position offering lovely open views and plenty of space for landscaping or entertaining.
• Two Well-Proportioned Double Bedrooms: Includes a fantastic master bedroom featuring a flexible bonus snug area • Direct Park Access: Uniquely positioned with views and direct access out toward the popular Hayworth Road Park, perfect for outdoor recreation.
• Off-Road Parking & Garage: Benefits from its own private driveway and a separate garage providing secure vehicle parking or excellent storage.
• Accessible Design: Features helpful disabled ramped access at the property entry.
• No Upward Chain: Offered to the market with the benefit of no onward chain, paving the way for a smooth and immediate transaction.
General Information TENURE: The agent understands the property is Leasehold. Terms is lease is 999 years from June 1961. Ground Rent: £20 per annum.
THE CONSUMER PROTECTION REGULATIONS These details are for guidance only and complete accuracy cannot be guaranteed.
If there is any point which is of particular importance, verification should be obtained before viewing.
The Agent has not tested any apparatus, equipment, fixture or fittings or services and so cannot verify that they are connected, in working order or fit for the purpose intended.
Items in photographs are NOT necessarily included. All measurements are approximate. These details do not constitute a contract or part of a contract.
The Agent has not checked legal documents to verify the Freehold/Leasehold status of the property or that necessary planning permissions have been obtained.
Interested parties are advised to obtain verification from their solicitor or surveyor.
MONEY LAUNDERING REGULATIONS Under government regulations we are required to carry out prescribed identity checks on all purchasers and also obtain precise details of funding for their purchase.
This must be done before agreeing a sale. We will carry out these checks, electronically and as soon as you make an acceptable offer on a property.
There is a charge of £36 for one person and £54 for two or more. Prices are inclusive of VAT and are non-refundable.
FLOOR PLANS Where shown, the plan is for illustration purposes only and is not to scale.
The floor area shown is taken from the EPC calculations and is therefore approximate and will include only habitable areas.
PROPERTY INFORMATION QUESTIONNAIRE A copy of the Property Information Questionnaire is available about this property at our office.
This has been completed by the Seller to provide comprehensive information about the property which will be of relevance to any intending Purchaser.
FIXTURES AND FITTINGS Only those items mentioned in these particulars are included in the sale. All other items are excluded.
GENERAL ADVICE All interested parties should check availability and explore the situation of a property on Google Earth/ Google Street Maps Street View before viewing. Viewings are via the Agents.
REFERRAL FEES Referral fees may be paid to us for referring clients to mortgage, insurance, surveying and conveyancing services which can range from £50 to £200.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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

FAQ
About Far New Close, Sandiacre, Nottingham, Derbyshire, NG10
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