Studio flat · NG4 2FH
For saleListed 13 daysAuction 28 Oct · in 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Auction. The auction will take place over two days, commencing on 28 October 2026. Properties will be allocated to either Day 1 or Day 2 when the catalogue is finalised.
The specific auction date and lot number for this property will be confirmed once the catalogue has been published.
An investment opportunity for two ground floor flats in a sought after residential location with high demand locally for BTL properties and within walking distance of Netherfield's busy high street.
Flat 4 is let at £575 per calendar month Flat 4B is let at £465 per calendar month Total income of £1,040 per calendar month - £12,480 per annum 999 year lease £0 service charge £0 ground rent Flat 4 - The property in brief comprises of kitchen/lounge, double bedrooms and bathroom.
Flat 4 B - The property in brief comprises of an entrance hall open to the lounge / bedroom area, a modern kitchen and shower room. A further benefit is the external shed for storage.
There is good access to the city centre of Nottingham via public transport and road network and the property is close to a wide range of local amenities and shops Leasehold Information We have been informed the lease is 999 years from 12 February 2024.
Ground Rent - N/A. Service Charge - nil. Please see legal pack.
Draft Sales Particulars These sales details are awaiting vendor approval Tenure: Leasehold EPC Rating: DD Terms: Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms.
Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees The following deposits and non- refundable auctioneers fees apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc.
VAT) There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price.
The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
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
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FAQ
About 4 and 4B Bourne Street, Netherfield, Nottingham NG4 2FH
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