Modern Method of Auction
Auction date not yet published
2-bedroom detached house · NG10 1DJ
For saleReduced £15k (−11.5%) on 17 OctListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Frank Innes are pleased to bring to the market this two-bedroom detached home, located in the well-connected town of Long Eaton. Offered with no upward chain!
This property is an ideal purchase for first-time buyers and investors alike. The accommodation briefly comprises a bright and welcoming lounge, a spacious kitchen, diner area and a conservatory.
To the first floor are two generously sized double bedrooms and a family bathroom. Outside, the property features a low-maintenance rear garden with a combination of pebbles, slabs and astroturf.
The garden also includes well established trees and shrubs all enclosed within fenced boundaries.
This property offers heaps of potential and has benefitted from remedial works, including underpinning completed in 1999.
Situated in the sought-after town of Long Eaton, the property enjoys easy access to a wide range of local amenities, including highly regarded schools, shops, and parks.
Excellent transport links are close by, with convenient access to the A52, M1 and A50, while Sawley railway station and East Midlands Airport are both just a short drive away, making this an ideal location for commuters.
An internal viewing is highly recommended to appreciate the accommodation on offer!
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional. Living Room UPVC double glazed bay fronted window, gas fire and a radiator. Dining Room Sliding patio doors into the conservatory, gas fire and radiator.
Kitchen This fitted kitchen offers a range of wall, base and drawer units, a sink drainer, space for a washing machine, stand alonecooker.
Double glazed window to the rear and access to the conservatory. Conservatory Surrounding double glazed windows and French doors leading into the rear garden.
Landing Double glazed window to the side, access to the loft, both bedrooms and the bathroom. Bedroom One Double glazed window to the front and a radiator.
Bedroom Two Double glazed window to the rear, radiator and a storage cupboard with a double glazed window to the front.
Bathroom A fitted bathroom featuring an obscured double glazed window to the side, WC, wash hand basin, walk in shower, radiator and a storage cupboard which houses the boiler.
Outside The property features a low-maintenance rear garden with a combination of pebbles, slabs and astroturf.
The garden also includes well established trees and shrubs all enclosed within fenced boundaries.
Agency Notes Please note that an aml fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
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 8, Charles Street, Nottingham
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