We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom detached house · NG6 9LT
Sold STCListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** For Sale By Online Auction ** Pre-Auction Offers Considered ** Buyers Fee Applies ** Two bedroom detached bungalow in need of full renovation.
Comprising on lounge/diner, kitchen, bathroom and two bedrooms. Front and rear garden, Driveway and car port. Situated in a popular location with excellent transport links on your doorstep.
Within walking distance to Bulwell town centre with its many shops and cafe’s and close to healthcare facilitie’s and Nottingham City Hospital Auction Information - This property is for sale via Online Auction.
This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform.
The winning bidder, assuming the reserve is met, is granted exclusivity of the property at the winning bid price for 28 days in which they must exchange, or the vendor reserves the right to remarket the property, and the reservation fee will not be returned, they will then have a further 28 days to complete.
The auction will run for 3 hours on a set date and time chosen by the vendor of the property.
Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3.6% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £5940 inclusive of VAT.
The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives.
We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE SALE PRICE.
Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability.
Bidders will be required to register in order to download the ‘legal pack’, if you choose to bid on the property, you will be required to complete further identity checks for anti-money laundering purposes, provide card and solicitors details before you are able to place a bid.
Properties may be sold prior to public auction if an offer is accepted by the vendors.
Material Information - TENURE: Freehold COUNCIL TAX: Nottingham - Band C PROPERTY CONSTRUCTION: Cavity brick ANY RIGHTS OF WAY AFFECTING PROPERTY: No CURRENT PLANNING PERMISSIONS/DEVELOPMENT PROPOSALS: No FLOOD RISK: Very Low ASBESTOS PRESENT: Not known ANY KNOWN EXTERNAL FACTORS: No LOCATION OF BOILER: UTILITIES - mains gas, electric, water and sewerage.
MAINS GAS PROVIDER: MAINS ELECTRICITY PROVIDER: MAINS WATER PROVIDER: Severn Trent MAINS SEWERAGE PROVIDER: Severn Trent WATER METER: BROADBAND AVAILABILITY: Please visit Ofcom - Broadband and Mobile coverage checker.
MOBILE SIGNAL/COVERAGE: Please visit Ofcom - Broadband and Mobile coverage checker. ELECTRIC CAR CHARGING POINT: not available.
ACCESS AND SAFETY INFORMATION: Level access OTHER INFORMATION: **The property is also situated within the Nottingham City boundaries and will therefore be part of the Selective Licensing scheme nottinghamcity.gov.uk, Please note that selective licencing is non-transferable and therefore any new owner would need to apply for a new license and would need to obtain information from the council direct with regards to costs.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
FAQ
About Chilwell Court, Forest Park, Bulwell, Nottingham
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