3-bedroom house · NG15 0EH
Listing removedListed 369 days
Opportunity summary
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About
A beautiful property for sale offered for sale under a section 106 agreement giving you 100% ownership at 75% of the price, this is one not to be missed1 The property has; entrance hallway, lounge with media wall with electric file, inner hallway with wc and a good sized kitchen/diner with patio doors to the rear garden.
To the middle floor are two double bedrooms and the family bathroom and stairs to the top floor where there is a good sized bright main bedroom with a spacious ensuite.
The rear garden has been designed to offer space and place to enjoy with a patio area, Astro turf and a decked seating area.
Access gate to the bottom of the garden gives access to the front of the property where there is off road parking for two vehicles. EPC rating: B.
Tenure: Freehold, Entrance Hallway 1.06m x 1.13m (3'6" x 3'8") Stepping through the front door into the hallway which has laminate wood effect flooring and radiator.
Lounge 4.47m x 3.57m (14'8" x 11'9") Enter through door into the light and bright room which has a continuation of laminate wood effect flooring, feature chimney breast which has an inset electric fire and space for tv.
There is also an understairs storage cupboard, radiator and window to the front elevation.
Inner Hall With stairs to the first floor WC 1.13m x 1.32m (3'8" x 4'4") Situated off of the inner hallway and fitted with a low flush wc and wash hand basin with tiled splash back.
With vinyl flooring, radiator.
Kitchen/Diner 2.35m x 3.59m (7'9" x 11'9") A nicely proportioned kitchen/Diner with appliances to include; electric oven, induction hob with extractor and space for fridge/freezer, washing machine and dishwasher.
There is subway tiled splash backs, vinyl flooring, radiator and patio doors and a window to the rear elevation. Stairs & Landing With radiator and stairs to the first floor.
Bedroom Two 2.65m x 3.59m (8'8" x 11'9") A double bedroom with radiator and two windows to the front elevation.
Bedroom Three 2.4m x 3.6m (7'10" x 11'10") A third double bedroom with radiator and window to the rear overlooking trees.
Bathroom 2.41m x 1.71m (7'11" x 5'7") Fitted with a three piece suite comprising wc, sink and bath with electric shower and glass shower screen.
With tiled splash backs, vinyl flooring, radiator and extractor. Landing With storage cupboard.
Bedroom One A great sized main bedroom with plenty of space for bedroom furniture and with a radiator and window to the front elevation.
Ensuite A nice and spacious ensuite with three piece suite comprising wash hand basin, wc and shower cubicle with mains fed shower and tiled splash backs.
With vinyl flooring, space for storage units, radiator and Velux window to the rear.
Rear Garden Stepping out of the patio doors from the kitchen onto a paved patio area which has a pathway to a decked area and garden gate giving access to the front.
There is a nice Astro turfed area to the middle of the garden and the decked area makes a great ideal seating area under the trees.
Driveway Pathway leads to the front door of the property with small hedging to either side. With hedging under the window giving a nice rural feel.
There is two good sized parking spaces to the front of the property.
Information *Under the section 106 agreement, properties are offered for sale to purchasers at a discounted price of the market value.
For example, a £230,000 house with a 25% discount would be offered to applicants for £170,000.
This is not a shared ownership scheme and even though there is a discount on the sale price, the purchaser still owns 100% of the property.
When you want to sell the property, you must do so on the same terms, which means you have to sell it with the same level of discount you received.
For further information please contact our office on.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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About Stewart Way, Annesley, NG15
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