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 work2-bedroom flat · NG18 4AY
Listing removedListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented two double bedroom top floor apartment with wonderful far reaching open views.
A modern, bay fronted, two double bedroom second floor (top floor) apartment with wonderful far reaching open front views and a good sized layout of living accommodation extending to 791 sq ft.
The property was built in 2002 and benefits from gas central heating, UPVC double glazing and a telephone intercom system.
The property presents an ideal opportunity for first time buyers, professionals and buy-to-let investors looking for low maintenance living.
The accommodation comprises an initial communal entrance hall at ground floor level leading to the main communal hallway with stairs leading up to the second floor (top floor).
The apartment’s accommodation comprises an entrance hall with storage cupboard, modern bathroom with a bath and separate shower, spacious lounge with large bay window enjoying far reaching open views, kitchen/diner and two double bedrooms, bedroom one with fitted wardrobes and bedroom two with a walk-in wardrobe area.
The property is leasehold. 150 year lease from 1/1/2002. Ground rent £100 per annum. Service charge payable to Premier Property Management Ltd £1,291.92 for the year 1/1/26 - 31/12/26.
Outside Externally, there are communal lawns to the front and rear and one allocated parking space.
A communal entrance door to the rear of the building leads to the communal hallway with stairs leading up to the second floor where the apartment's entrance door opens to: Entrance Hall (5.49m x 1.07m (18'0" x 3'6")) With radiator, built-in storage cupboard, loft hatch, telephone intercom system and laminate flooring.
Lounge (4.90m x 4.47m into bay (16'1" x 14'8" into bay)) A spacious bay fronted lounge with two radiators and a double glazed bay window with Juliet balcony French doors to the front elevation affording wonderful far reaching open views.
Kitchen/Diner (3.61m x 2.79m (11'10" x 9'2")) Having modern cabinets comprising wall cupboards, base units and drawers with working surfaces over. Cupboard housing the gas central heating boiler.
Inset 1 1/2 bowl stainless steel sink with drainer and mixer tap. Integrated appliances include an induction hob, single electric oven and concealed extractor hood over.
Space for a tumble dryer and plumbing and space for a washing machine. Space for a fridge/freezer.
Radiator and a double glazed window to the front elevation, again enjoying those elevated, far reaching views.
Bedroom 1 (3.66m‘2.44m x 3.10m (12‘8" x 10'2")) The first of two double bedrooms having a large built in wardrobe with hanging rails and shelving.
Radiator and double glazed window to the rear elevation.
Bedroom 2 (4.06m x 2.82m (13'4" x 9'3")) A second double bedroom having a walk-in wardrobe area, radiator and a double glazed window to the rear elevation.
Bathroom (3.25m max into shower x 2.44m (10'8" max into show) Having a four piece white suite with chrome fittings comprising a panelled bath. Separate tiled shower enclosure.
Pedestal wash hand basin. Low flush WC. Radiator, ceiling spotlights, part tiled walls, extractor fan and obscure double glazed window to the rear elevation.
Viewing Details Strictly by appointment with the selling agents. For out of office hours please call Alistair Smith, Director at Richard Watkinson and Partners on .
Tenure Details The property is leasehold with vacant possession upon completion. 150 year lease from 1/1/2002. Ground rent £100 per annum.
Service charge payable to Premier Property Management Ltd £1,291.92 for the year 1/1/26 - 31/12/26. Services Details All mains services are connected.
Mortgage Advice Mortgage advice is available through our independent mortgage advisor. Please contact the selling agent for further information.
Your home is at risk if you do not keep up with repayments on a mortgage or other loan secured on it.
Fixtures & Fittings Any fixtures and fittings not mentioned in these details are excluded from the sale price.
No services or appliances which may have been included in these details have been tested and therefore cannot be guaranteed to be in good working order.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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
.png)
FAQ
About 39, Kings Stand, Mansfield
Explore nearby