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See how verdicts work3-bedroom terraced house · NG25 0EL
Sold STCListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* NO UPWARD CHAIN * END-TERRACED HOME * TOWN CENTRE LOCATION * REQUIRING UPDATING AND COSMETIC REFURBISHMENT * OPPORTUNITY TO MODERNISE * ENTRANCE HALL WITH STORAGE * WELL-PROPORTIONED LOUNGE * DINING KITCHEN TO THE REAR * GROUND FLOOR WC * THREE BEDROOMS * BATHROOM * SMALL FRONT AND REAR GARDENS * PERMIT PARKING * Offered for sale with the significant advantage of no upward chain, this end-terraced home occupies a highly convenient location just a short walk from the town centre and its wide range of amenities.
Requiring updating and cosmetic refurbishment throughout, the property presents an excellent opportunity for buyers to modernise and personalise a home to their own taste and specification.
The accommodation briefly comprises an entrance hall with useful storage, a well-proportioned lounge to the front, and a spacious dining kitchen stretching across the rear of the property.
From here, there is access to a small rear hallway with a ground floor WC off. To the first floor are three bedrooms and a family bathroom.
Externally, there are small gardens to both the front and rear, with the rear garden benefiting from two useful brick-built outhouses providing excellent additional storage.
Permit parking is available per household. This is a fantastic opportunity for purchasers seeking a well-located property with great potential. Early viewing is highly recommended.
Accommodation - A uPVC double glazed entrance door leads into the entrance hall. , which features a central-heating radiator, stairs rising to the first floor, and a useful built-in storage cupboard.
Entrance Hall - Which features a central heating radiator, stairs rising to the first floor, and a useful built-in storage cupboard.
Lounge - The lounge is a well proportioned reception room with a central heating radiator and a uPVC double-glazed window to the front aspect.
Dining Kitchen - The dining kitchen is fitted with a range of base and wall cabinets with rolled-edge worktops and tiled splashbacks.
There is an inset stainless steel single drainer sink with hot and cold taps, space for appliances, a gas cooker point, and plumbing for a washing machine.
Additional features include a central heating radiator, two uPVC double glazed windows to the rear aspect, and a pantry-style cupboard housing the Ideal combination boiler.
Rear Hallway - A rear hallway provides access to the outside via a uPVC double-glazed door and leads to the ground floor cloakroom.
Ground Floor Cloakroom - Fitted with a low level w/c, wash basin with hot and cold taps, an electric towel radiator, and a uPVC double glazed obscured window to the side aspect.
First Floor Landing - Having an access hatch to the roof space and a range of built-in storage cupboards with shelving.
Bedroom One - A double bedroom with a central heating radiator, uPVC double glazed window to the front aspect, and a built-in double wardrobe.
Bedroom Two - Also a double bedroom, featuring a central heating radiator, uPVC double glazed window to the rear aspect, and built-in double wardrobes.
Bedroom Three - Having a central heating radiator and a uPVC double glazed window to the front aspect.
Bathroom - The bathroom is fitted with a cast-iron bath with hot and cold taps and an electric Triton shower over, a wash basin with hot and cold taps, a low-level w/c, a central heating radiator, and a uPVC double-glazed obscured window to the side aspect.
Gardens - To the front of the property there is a small lawned garden with a pathway leading to the front door.
The rear garden is fully enclosed by a combination of brick walling and timber panel fencing, is paved throughout, and benefits from a courtesy gate to the rear and two integrated storage sheds.
Parking - Permit parking is provided per property Council Tax - The property is registered as council tax band B. Viewings - By appointment with Richard Watkinson & Partners.
Additional Information - Please see the links below to check for additional information regarding environmental criteria (i.e.
flood assessment), school Ofsted ratings, planning applications and services such as broadband and phone signal.
Note Richard Watkinson & Partners has no affiliation to any of the below agencies and cannot be responsible for any incorrect information provided by the individual sources.
Flood assessment of an area:_ Broadband & Mobile coverage:- School Ofsted reports:- Planning applications:-
Value & comps
No previous sales on record.
Returns
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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.
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About Kings Court, Southwell, Southwell
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