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See how verdicts work2-bedroom flat · NG7 6NB
For saleReduced £21.5k (−14.4%) on 26 OctListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOREST FIELDS: This fabulous first floor, two bedroom apartment is situated in a Victorian period conversion and provides very generous room sizes and close proximity to town.
Situated in a small development of just 21 apartments overlooking The Forest, the property is very well maintained, has two very good sized bedrooms, with the master being en-suite.
The property comes to market chain-free, and includes furniture & white goods. WHY SHOULD YOU VIEW?
This apartment features a large open-plan living space with kitchen and a small study area situated just off the living room.
There are two substantial bedrooms, with the master being en-suite, and the property comes to the market with the benefit of furniture included.
The Ridge is a development of 21 luxury apartments in a conversion of 2 substantial Victorian properties overlooking The Forest on Gregory Boulevard.
The apartments are finished exceptionally well with appliances, gas central heating, and there is secure gated access.The development appeals to professionals looking for spacious and interesting accommodation.
None of the 21 apartments are exactly the same, and all offer more space than is normal for apartment living.
The property is only a short walk from Nottingham's tram network, and comes with gated off-road car parking for one car. Council Tax Band B - Nottingham City Council. Tenure: Leasehold.
150 Year Lease commenced 2007. Ground Rent: £200 per annum. Service Charge: £2400 approx per annum.
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 The Ridge, Foxhall Road, Forest Fields
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