2-bedroom house · NG4 2DN
Sold STCReduced £10k (−4.2%) on 13 AugListed 147 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £240,000 - £260,000 - Superb brand new two bedroom, three storey detached house. Sap rating B. Situated on a pleasant cul-de-sac close to Colwick Park.
The accommodation comprises; Two Double Bedrooms, Two Bathrooms, Modern Open Plan Lounge/Kitchen/Diner. Spacious Integral Garage. Air Source Hear Pump. Large Driveway. Good Size Rear Garden.
10 Year Warranty. No Upward Chain. Entrance Hall Stairs to the first floor. Door to the rear garden. First Floor Landing Doors to the Lounge/Kitchen/Diner, Bedroom and Bathroom.
Lounge/Kitchen/Diner Open Plan room with a range of modern base and wall units. Appliances to include Fridge/Freezer, Washing machine, Oven, Hob and Extractor. Tiled flooring.
Windows to the front elevation. L shaped, opens into Lounge/Dining Area. Bedroom Window to the rear. Bathroom Tiled walls and floors. Window to the rear.
Bath with mains mixer shower with raindrop head. Toilet. Vanity unit with integrated sink. Second Floor Doors to the bedroom and bathroom. Bedroom Spacious room with dormer window to the rear.
Bathroom Tiled walls and floors. Window to the rear. Bath with mains mixer shower with raindrop head. Toilet. Vanity unit with integrated sink. Garage Accessed via double doors.
The vendor can offer the opportunity for this to be converted to a Lounge area (subject to planning and building control). Exterior Large tarmac driveway giving access to the garage.
To the rear is a low maintenance garden with artificial grass.
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.
Area
Agent & docs
FAQ
About 18A, Ramblers Close, Colwick
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