2-bedroom flat · NG1 1GH
For saleReduced £10k (−12.5%) on 8 SepListed 171 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A great opportunity to acquire this chain free and deceptively spacious two-bedroom apartment which is located in a popular and convenient residential location in the centre of Nottingham.
The apartment features two double bedrooms both with en-suites and fitted wardrobes, a large open plan living room/dining area, fitted kitchen and W.C.
There are large windows, doors and a Juliet balcony of the living room allowing for the area to be flooded with light.
The apartment would benefit from a little cosmetic up grading allowing you the opportunity of putting your own stamp on it.
The apartment also comes with the added benefit of being marketed with no onward chain, secure allocated parking and a very long lease with viewings highly recommended to appreciate the quality and size of accommodation on offer.
Situated in the centre of Nottingham which offers easy access to local amenities, transport links and school catchment area as well as being a short walk from London Road which provides excellent travel links to the motorway network.
To book A viewing with Purplebricks - You can use the brochure link in the full property description in the Rightmove advert or book online via the Purplebricks Website, App, or phone our main number found on Google.
Property Ownership Information Tenure Leasehold Council Tax Band D Annual Ground Rent £250.00 Ground Rent Review Period No review period Annual Service Charge £2,294.02 Service Charge Review Period No review period Lease End Date 01/01/3002 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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
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 advisors 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
.png)
FAQ
About Flat 7/The Habitat, Woolpack Lane, Nottingham
Explore nearby