2-bedroom semi-detached house · NG16 4FZ
Listing removedListed 301 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY **ATTENTION FIRST TIME BUYERS** **Off road parking** NO UPWARD CHAIN**Close to local amenities & Langley Mill Train station** A MUST VIEW!
DESCRIPTION A two bedroom semi detached property set on a sizable plot offered with no upward chain.
Bailey Brook Crescent is ideally located in close proximity to a wide range of local amenities including shops, schools, bus routes, Langley mill train station and major road links.
The property is set back from the road with a driveway providing off road parking to the front and gardens to both the front and rear.
In brief the internal accommodation comprises of an entrance hallway, through lounge diner and a fitted kitchen. To the first floor are two bedrooms and a family bathroom and separate WC.
The property is part double glazed and is gas centrally heated. Viewings are essential! Auctioneer's Comments This property is offered through Modern Method of Auction.
Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack.
Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Hallway UPVC double glazed entrance door to the front elevation, tiled flooring, stairs to the first floor landing and doors to; Lounge/ Diner 23' 5" x 11' 4" ( 7.14m x 3.45m ) UPVC double glazed windows to both front and rear, laminate flooring and two radiators.
Kitchen 11' 3" x 8' ( 3.43m x 2.44m ) Fitted with matching wall and base units, roll top work surfaces incorporating a stainless steel sink and drainer unit and space for further appliances, extractor fan cooker hood, tiled flooring, UPVC double glazed window to the rear and door to the garden.
Seperate W.C Fitted with a low level WC and UPVC double glazed window to the rear elevation.
Landing With doors leading to; Bedroom One 10' 9" x 9' 8" ( 3.28m x 2.95m ) UPVC double glazed window to the rear elevation, fitted wardrobes, laminate flooring and radiator.
Bedroom Two 10' 5" x 9' 7" ( 3.17m x 2.92m ) UPVC double glazed window to the front elevation, laminate flooring and radiator Office/ Study 4' 5" x 9' 11" ( 1.35m x 3.02m ) UPVC double glazed opaque window to the front elevation.
Bathroom Fitted with a paneled bath with mixer taps and shower hose, wall mounted hand wash basin, tiled splash backs, radiator and UPVC double glazed window to the rear elevation. 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About Bailey Brook Crescent, Langley Mill, Nottingham
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