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 work1-bedroom flat · NG5 4FA
Sold STCReduced £3.5k (−2.3%) on 26 OctListed 279 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**CALLING ALL FIRST TIME BUYERS** WHITEGATES bring to the market this luxurious one bedroom apartment situated in the heart of Sherwood, Nottingham.
At just over 1.5miles from Nottingham City centre, Sherwood is considered one of THE places to live in Nottingham.
The apartment boasts luxury throughout with open plan lounge kitchen leading directly on to large, private terrace. Furthermore, the accomodation comprises; entrance hall.
Bright, spacious double bedroom with further access to the balcony aswell as bathroom with walk-in shower cubicle.
The eco-friendly apartment block also benefits from solar panels allowing huge savings in todays climate. Sherwood has everything a young professional could wish for.
A good mix of housing, some incredible restaurants and bars and coffee shops and independent shops.
CALL TODAY TO ARRANGE A VIEWING Hallway 7' 2" x 8' 11" (2.18m x 2.72m) Entrance to the property with access to all rooms and storage cupboard. LVT light wood flooring.
Living Room/Kitchen 21' 8" x 11' 4" (6.6m x 3.45m) Living area has LVT light wood flooring, access through the sliding doors to the balcony, storage heater.
Kitchen has a mix of wall and base units in navy blue, white worktop, integrated dish washer, oven and hob with extractor fan. Mixer tap and stainless steel sink. Grey tiled flooring.
Bedroom 10' 4" x 12' 3" (3.15m x 3.73m) Double bedroom, room for ample furniture, grey carpet throughout, storage heater and access to the balcony through the sliding doors.
Bathroom 5' 7" x 9' 0" (1.7m x 2.74m) Tiled flooring, walk in shower cubicle with grey tiles. Half tiled walls acting as hand basin splash back, low level WC, wall mounted towel rail.
Value & comps
No previous sales on record.
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 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.
Area
Agent & docs
FAQ
About Spondon Street, Nottingham, Nottinghamshire, NG5
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