4-bedroom house · NG7 5ND
Listing removedReduced £5k (−2.9%) on 16 JulListed 165 days
Opportunity summary
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About
Guide Price: £180,000 to £200,000. Benwell Daykin are delighted to offer to the market this four bedroom, mi-terrace home, located in the popular Radford area of Nottingham.
The property has been recently used as a HMO investment property. Guide Price: £180,000 to £200,000.
Benwell Daykin are delighted to offer to the market this four bedroom, mi-terrace home, located in the popular Radford area of Nottingham.
The property has been recently used as a HMO investment property. Hallway uPVC singular door leading externally, wooden floor and radiator.
Bedroom four 11' 2" x 7' 1" (3.412m x 2.183m) uPVC double glazed window with front aspect, wooden flooring and radiator.
Lounge 7' 5" x 11' 4" (2.286m x 3.474m) uPVC double glazed window with rear aspect, carpet to the flooring, radiator and access to the kitchen. Staircase to the first floor.
Kitchen 10' 4" x 5' 8" (3.152m x 1.743m) Double glazed window with rear aspect, a range of wall and base units with work surfaces over, an 1+1/2 bowl stainless steel sink with mixer tap, built in oven, gas hob and extractor hood and various freestanding white goods.
Tiled flooring and uPVC singular door leading out to the yard.
Bathroom 5' 8" x 5' 8" (1.728m x 1.749m) Double glazed window with rear aspect, radiator, three piece bathroom suite comprising of bath tub with electric shower over it, wash hand basin and low level WC.
Bedroom one 5' 8" x 5' 8" (1.728m x 1.749m) uPVC double glazed window with front aspect, wooden flooring and radiator.
Bedroom two 9' 2" x 11' 4" (2.796m x 3.469m) uPVC double glazed window with rear aspect, wooden flooring and radiator.
Bedroom three 11' 2" x 11' 4" (3.410m x 3.464m) uPVC double glazed window with front aspect, wooden flooring and radiator.
General The property is currently used as a HMO with the rooms currently rented as below: Ground floor: £420pcm First floor front bedroom: £460pcm First floor back bedroom: £440pcm Second floor bedroom: £460pcm This provides a yield between 10.7% and 11.9%, with scope for rents to increase.
All the properties furnishings are included with the sale of the property, making this an ideal investment, with sitting tenants.
Viewing: To arrange a viewing on this property please contact our Sales Team at Benwell Daykin. Please note 24 hours notice is usually required on this property. Property to sell?
If you are considering selling your property, Benwell Daykin estate agents would be delighted to visit you to provide a free property valuation. Call us today to make an appointment!
Disclaimer: Benwell Daykin, their clients and any joint agents give notice that 1: They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and Benwell Daykin have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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FAQ
About 31, Wallan Street, Nottingham
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