2-bedroom bungalow · NG16 5AX
For saleReduced £10k (−5.9%) on 8 OctListed 378 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £175,000.
In need of renovation is this two-bedroom detached bungalow nestled on a generous plot in a charming village setting of Brinsley.
The property briefly comprises of an entrance hall, lounge, kitchen, two double bedrooms, and a bathroom. Outside there is a lawned garden to the front with potential off road car parking.
Access to the side leading to the large rear garden which is mainly laid to lawn. The property is perfect for various extension and refurbishment. Viewing is strongly recommended.
Entrance Wooden door leading to the hallway, doors giving access to the lounge, kitchen two bedrooms and bathroom. Walk in store cupboard with gas & electric meters. Central heating radiator.
Lounge (4.09m (13'5") x 3.33m (10'11")) Double glazed window to the rear elevation, gas fire, central heating radiator radiator.
Kitchen (2.39m (7'10") x 2.29m (7'6")) Single glazed window to the side elevation, wooden door to the rear elevation, base units with laminate worktop over, stainless steel sink & drainer with mixer tap, radiator & quarry tiled flooring.
Bedroom One (3.63m (11'11") x 3.35m (11'0")) Double glazed bay window to the front elevation, tiled fireplace, central heating radiator.
Bedroom Two (3.35m (11'0") x 3.33m (10'11")) Double glazed bay window to the front elevation, central heating radiator.
Bathroom Frosted double glazed window to the front elevation, panelled bath, low flush WC, wash hand basin, cupboard housing hot water tank, part tiled walls, central heating radiator.
Front Garden Lawned front garden with pathway to side & hedge boundary. Potential off road car parking.
Rear Garden Large rear garden mainly laid to lawn, plants & shrubs, brick outbuildings & hedge boundary.
Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’.
The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers’ obligations and sellers’ commitments.
It is stro Auctioneers Additional Comments The successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price.
A non refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
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
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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 advisors 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 94, Hobsic Close, Nottingham
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