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 terraced house · NG17 4BD
Listing removedListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A TWO BEDROOMED TERRACED HOUSE, WHICH ALSO HAS AN ATTIC ROOM. TO BE SOLD SUBJECT TO THE CURRENT TENANCY, PRODUCING £750PCM. ON THE ASKING PRICE OF £120,000, THIS PRODUCES 7.5% GROSS RETURN.
GAS HEATING (COMBINATION BOILER) AND UPVC DOUBLE GLAZING. LOUNGE, DINING ROOM AND FITTED KITCHEN WITH BUILT IN ELECTRIC OVEN. GROUND FLOOR BATHROOM. TWO DOUBLE BEDROOMS AND SECOND SEPARATE WC/BASIN.
ATTIC ROOM, WHICH COULD BE A BEDROOM, SUBJECT TO REGULATIONS. OUTSIDE, THE PROPERTY HAS A REAR GARDEN WITH PAVING AND GRASS. Viewing: - and further information through our Mansfield office on .
Alternatively, email Directions: - Leave Mansfield on Sutton Road, which then becomes Mansfield Road. Fork left onto Outram Street and then turn right onto North Street.
Accommodation Comprises - Lounge - 3.76m x 3.40m (12'4 x 11'2) - UPVC double glazed window and door to the front aspect. Radiator, coving and laminate. Access to the cellar, with light and power.
Also housing the gas and electric meters and consumer unit. Dining Room - 3.73m x 3.68m (12'3 x 12'1) - UPVC double glazed rear aspect. Radiator, laminate flooring and access to the stairs.
Kitchen - 2.57m x 2.01m (8'5 x 6'7) - With base and eye level units, roll tops and stainless-steel sink unit and single drainer. Built in electric oven, hob and cooker hood.
Wall mounted combination boiler. Radiator, tiled flooring and UPVC double glazed window and back door.
Bathroom - Comprising panelled bath with shower attachment to the taps, wash hand basin within vanity unit and WC. Tiled bath surround, tiled flooring, radiator and UPVC obscure glaze.
First Floor - Landing - Bedroom One - 4.78m x 3.48m (15'8 x 11'5) - UPVC double glazed front elevation, radiator and built in cupboard. Bedroom Two - 3.81m x 3.71m (12'6 x 12'2) - Radiator.
UPVC double glazed rear elevation. Cloakroom - Having WC and wash basin. Radiator.
Attic Room - 4.39m x 2.97m (14'5 x 9'9) - Without the necessary building regulation approval this can’t be classed as a bedroom.
Prospective buyers are advised to make their own enquiries as to requirements. UPVC double glazed aspect. Radiator. Outside - The property has a garden area to the rear, which has paving and grass.
The property is in council tax band A. PLEASE NOTE – THERE ARE NO INTERNAL PHOTOGRAPHS TO PROTECT THE TENANTS RIGHT TO PRIVACY. Financial Advice - We offer help and advice in arranging your mortgage.
Please contact this office. Written quotations available on request. YOUR HOME IS AT RISK IF YOU DO NOT KEEP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.
Money Laundering - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.e.
passport, driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase or sale of a property.
As With All Our Properties - we have not been able to check the equipment and would recommend that a prospective purchaser should arrange for a qualified person to test the appliances before entering into any commitment.
MA5844/12.11.2025
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.
Area
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FAQ
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