1-bedroom flat · NG10 5QD
Listing removedListed 336 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We would like to welcome to the market this studio flat situated in the popular Grade 2 Listed building of Springfield Mill situated in Sandiacre.
Upon entry to the flat, there is a welcoming entrance hall with a storage cupboard housing a washer and boiler.
To the left, is a modern tiled bathroom with a heated towel and light up vanity cabinet over a porcelain hand wash basin.
Straight ahead there are doors leading to the heart of the flat, and open plan kitchen and living area featuring three of the building’s beautiful original windows.
The kitchen comprises of both high and low cupboards, with a high gloss finish and integrated dishwasher, cooker and four ring induction hobs and mixer tap over a stainless steel bowl.
Located in the popular residential village of Sandiacre, close to a wide range of local schools, shops and parks.
The property benefits from fantastic transport links including nearby bus stops and easy access to the M1, A50 and A52.
East Midlands airport is within a short drive as well as Long Eaton train station.
Entrance Hall 1.63m x 1.3m Entrance hall with boiler cupbord to the right and bathroom to the left with door to main living space ahead.
Bathroom 1.27m x 2.26m Bathroom with walk in shower, wash hand basin and vanity wall unit and storage with tiled wall and spot lights.
Open plan living space / Kitchen 3.89m (Max) x 8.03m - Large open plan living space with three floor to ceiling windows for maximum light into the property.
There are two storage heaters at each end of the living space and laminated flooring.
To the right is the kitchen area, with high gloss cupbords above and below, including an intergrated dishwasher, oven and four ring hob with stainless steel wash basin.
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 Springfield Mill, Sandiacre, Nottingham, Derbyshire, NG10
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