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See how verdicts work2-bedroom terraced house · NG5 2JQ
For saleReduced £10k (−5%) on 12 SepListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented throughout... A well-presented and deceptively spacious mid-terrace property is ideally suited to a range of buyers, including first-time purchasers, couples and investors.
Conveniently positioned in a popular location, the property is close to a variety of local shops, great schools and excellent transport links, making it an ideal choice for those seeking a home that is ready to move straight into.
The ground floor comprises two well-proportioned reception rooms, providing excellent flexibility for both living and dining, together with a modern fitted kitchen.
To the rear, there is an externally accessed outbuilding, currently utilised as a useful utility room. To the first floor are two generous double bedrooms and a three-piece family bathroom suite.
Externally, the property offers on-street parking to the front, while the rear boasts an enclosed, low-maintenance paved garden.
Overall, this is a fantastic opportunity to acquire a spacious and well-maintained home in a popular location, with excellent access to everyday amenities and transport connections.
No upward chain Living Room Dimensions: 3.33m x 3.46m (10'11" x 11'4").
The living room has wood effect flooring, a radiator, a dado rail, an in-built cupboard, a recessed chimney breast alcove with a brick surround, a TV point, a UPVC double-glazed window to the front elevation and a UPVC door providing access into the accommodation.
Dining Room Dimensions: 3.48m x 3.45m (11'5" x 11'4").
The dining room has wood effect flooring, a cast iron fireplace, a radiator, a UPVC double-glazed window to the rear elevation and is open access into the kitchen.
Kitchen Dimensions: 1.87m x 1.95m (6'1" x 6'4").
The kitchen has fitted base and wall units with fitted worktops and a tiled splashback, an integrated oven with a gas hob and an extractor fan, a stainless steel sink with a mixer tap and drainer, recessed spotlights, tiled flooring, a UPVC double-glazed window to the side elevation and a UPVC door providing access out to the garden.
Out-Building (2.14m x 0.91m) The out-building has lighting, a wall-mounted boiler and space and plumbing for a washing machine. Landing Dimensions: 4.38m x 0.78m (14'4" x 2'6").
The landing has carpeted flooring, a radiator, a loft hatch and provides access to the first floor accommodation.
Master Bedroom (3.47m x 3.48m) The main bedroom has carpeted flooring, a radiator, a TV point and a UPVC double-glazed window to the front elevation.
Bedroom Two Dimensions: 3.51m x 2.55m (11'6" x 8'4"). The second bedroom has carpeted flooring, a radiator, and a UPVC double-glazed window to the rear elevation.
Bathroom Dimensions: 1.81m x 1.88m (5'11" x 6'2").
The bathroom has a low level dual flush W/C, a pedestal wash basin with a tiled splashback and a mixer tap, a panelled bath with a mains-fed shower and a glass shower screen, a heated towel rail, an extractor fan, tiled flooring and partially tiled walls.
Additional Information Broadband Speed - Ultrafast - 5500 Mpbs (Highest available download speed) & 5500 Mbps (Highest available upload speed) | Phone Signal – All 4G & 5G coverage | Electricity – Mains Supply | Water – Mains Supply | Heating – Gas Central Heating – Connected to Mains Supply | Sewage – Mains Supply | Flood Risk – No flooding in the past 5 years+ | Flood Risk Area - very low chance of flooding | Construction – Brick | Mining Area – Located on the coalfield.
No further mining report is currently required for this property according to Mining Remediation Authority records.
| Accessibility – No | Other Material/Safety Issues – No known safety issues have been disclosed by the seller.
| Any Legal Restrictions – restrictive covenants | Council Tax Band Rating - Nottingham City Council - Band A | Tenure: Freehold | Disclaimer Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities.
Purchasers must make further investigations and inspections before entering into any agreement.
Rear Garden To the rear of the property is an enclosed garden with a paved patio area, courtesy lighting, a brick-built outhouse housing the boiler and space for a washing machine. Parking - On Street
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.
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FAQ
About 61 Melrose Street, Nottingham
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