2-bedroom flat · NG5 1RJ
For saleListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £120,000 - £130,000*** Robert Ellis Estate Agents are delighted to offer this two-bedroom apartment on Watermark Close, ideal for first-time buyers or investors.
The property features a spacious open-plan living kitchen diner, two good-sized bedrooms, an en-suite to the main bedroom, separate bathroom and the added benefit of allocated parking.
***guide price £120,000 - £130,000*** Robert Ellis Estate Agents are delighted to present this two-bedroom apartment, occupying a particularly desirable top-floor corner position within Watermark Close.
Set away from the main road in a quieter position within the development, the apartment enjoys a greater sense of privacy while remaining conveniently placed for access to Nottingham and surrounding amenities.
Upon entering, you are welcomed into an entrance hallway with a useful storage cupboard and intercom system.
The main living space is the generous open-plan living kitchen diner, providing plenty of room for both relaxing and dining.
The fitted kitchen offers a range of wall and base units, an oven with gas hob and extractor, alongside space for a washing machine and fridge freezer.
There are two well-proportioned bedrooms, with the principal bedroom benefiting from its own private en-suite shower room.
Bedroom two provides further versatile accommodation and could work equally well as a guest bedroom or home office.
A separate bathroom completes the accommodation, fitted with a three-piece suite including a panelled bath.
Outside, the property has the added advantage of allocated parking, providing convenient off-road parking.
The apartment's top-floor corner position, tucked away from the main road, is a particular feature, offering a quieter setting within the development.
Combined with its generous open-plan living space, two bedrooms, two bathrooms and allocated parking, this is a well-positioned and practical home that would make an excellent purchase for first-time buyers, couples or investors.
An early viewing is highly recommended.
Entrance Hallway Wooden entrance door, wall mounted radiator, intercom, storage cupboard, doors leading off to: Living Kitchen Diner (6.01 x 3.76 approx (19'8" x 12'4" approx)) A range of wall and base units with worksurfaces over incorporating a sink and drainer unit, oven with four ring gas hob over and extractor hood above, space and plumbing for a washing machine, space and point for a fridge freezer, UPVC double glazed windows, wall mounted radiators.
Bedroom One (3.40 x 4.1 approx (11'1" x 13'5" approx)) UPVC double glazed window, wall mounted radiator, door leading to the en-suite.
En-Suite (1.8 x 1.7 approx (5'10" x 5'6" approx)) Shower enclosure with electric shower, WC, handwash basin, wall mounted radiator, extractor fan.
Bedroom Two (3.00 x 3.20 approx (9'10" x 10'5" approx)) UPVC double glazed window, wall mounted radiator.
Bathroom (2.4 x 1.7 approx (7'10" x 5'6" approx)) Panelled bath with mixer shower attachment, WC, handwash basin, wall mounted radiator, extractor fan. Outside Allocated parking.
Agents Notes: Additional Information Council Tax Band: B Local Authority: Nottingham Electricity: Mains supply Water: Mains supply Heating: Mains gas Septic Tank : No Broadband: BT, Sky, Virgin Broadband Speed: Standard 19mbps Ultrafast 1800mbps Phone Signal: 02, Vodafone, EE, Three Sewage: Mains supply Flood Risk: No flooding in the past 5 years Flood Defences: No Non-Standard Construction: No Any Legal Restrictions: No Other Material Issues: No A well presented two bedroom top floor apartment for sale!
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 Flat 9 Vellum House, Watermark Close, Nottingham
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