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See how verdicts work5-bedroom house · NG20 0QD
Sold STCListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Short Street, Warsop, Ng20 0Qd An excellent opportunity to acquire a substantial five-bedroom, five-bathroom property with HMO potential, offered with vacant possession.
Arranged across three floors to maximise rental potential, the accommodation comprises two bedrooms on the ground floor, two on the first floor, and a fifth bedroom within the converted loft.
Each bedroom benefits from its own private bathroom, while a spacious communal reception room provides comfortable shared living space, making it ideally suited to professional tenants.
Situated in a popular residential location, the property is within easy reach of a wide range of local amenities, including shops, supermarkets, cafés, leisure facilities, and excellent transport links.
Nearby schools, green spaces, and everyday amenities further enhance its appeal and support strong demand for shared accommodation.
The property offers an excellent opportunity for investors looking to create a high-yielding asset.
With five lettable rooms and continued demand for quality shared accommodation, it has strong long-term investment potential, whether as a first HMO purchase or an addition to an existing portfolio.
All works required for HMO use have been completed, including an Electrical Installation Condition Report (eicr), Fire Alarm Certificate, Emergency Lighting Certificate, Fire Safety Certification, and Building Regulations Completion Certificate.
Please note the property is currently vacant and is not licensed as an HMO.
Any purchaser intending to operate it as a licensable HMO will need to apply for the appropriate licence and satisfy themselves that the property complies with all relevant local authority licensing requirements.
Financial Breakdown Gross Rent: £32,000.00 Net income: £22,800.00 Gross yield: 11.64% Net yield: 8.29% Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract.
Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08573
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 2, Short Street, Warsop
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