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See how verdicts work1-bedroom flat · NG7 7JJ
For saleListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE - £90,000 - £100,000 * NO UPWARD CHAIN * A one bedroom apartment offered to market with possession and no upward chain.
This converted lace mill boasts plenty of character throughout making it an ideal opportunity for both first time buyers and buy to let investors providing a potential gross rental yield of 9.6%!
In brief the apartment comprises entrance hall, bright and spacious living space with open plan kitchen, good sized bedroom and bathroom with three piece suite.
In Addtion to this, there is residential parking, with an allocated parking space to the rear of the building. The property has undergone a light refurb throughout including new carpets and paintwork.
The property is located within walking distance to local amenities, convenient for NCT tram service and easy access to commuter routes such as M1. Call now to arrange a viewing.
COUNCIL TAX BAND A Entrance Hall 15' 8" x 4' 7" (4.78m x 1.4m) Inviting entrance hall with access to all rooms.
Kitchen/Lounge 14' 9" x 15' 9" (4.5m x 4.8m) Open plan living room with kitchen, lined with a range of wall and base units with rolled edge worktops over and integral appliances.
Bright and spacious living room with traditional windows allowing plenty of natural light. Bedroom 1 14' 5" x 8' 10" (4.4m x 2.7m) Double bedroom with window to front aspect.
Bathroom 5' 7" x 8' 9" (1.7m x 2.67m) Well-appointed family bathroom with three piece suite comprising panel bath with shower over, wash hand basin and low level flush W.C
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 Egypt Road, Nottingham, Nottinghamshire, NG7
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