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 house · NG11 8LZ
Sold STCReduced £10k (−4.8%) on 21 JunListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented two double bedroom bungalow located on this much sought after road. The property has been well cared for by the current owner and is being sold with no upward chain.
The accommodation comprises entrance porch, entrance hall, lounge, fitted kitchen, two bedrooms, wet room.
There are gardens to the front and rear and there is also a garage located in a block within walking distance of the property.
The property also benefits from electric storage heaters, double glazing and the gardens do have cctv security. The property has a limited lease so is only available to cash buyers.
The freehold is available to buyl. No chain. Entrance Porch Double glazed front door, tiled flooring.
Entrance Hall Double glazed front door, carpet flooring, airing cupboard, electric storage heater, storage cupboard, coving to ceiling, double glazed window to front aspect.
Lounge 5.30 x 4.00 - Coal effect fire, carpet flooring, electric storage heater, double glazed sliding door to rear gardens.
Fitted Kitchen 3.10 x 2.10 - Matching base and wall units with worktops over, drawers, single drainer sink unit with mixer tap, electric cooker point, plumbing for washing machine, coving to ceiling, double glazed window to front aspect.
Bedroom One 4.60 x 2.70 - Electric storage heater, built in wardrobes, bedside cabinets, storage cupboard, carpet flooring, double glazed window to side and rear aspect.
Bedroom Two 3.70 x 3.00 - Electric storage heater, carpet flooring, double glazed window to rear aspect.
Wet Room 1.90 x 1.70 - Electric shower, low level W.C., pedestal wash basin, tiled walls, wall mounted electric heater, double glazed window to rear aspect.
Outside To the front there is a lawn, pathway. Enclosed rear gardens with views over a green and comprising lawn, beds, borders, flowers.
Garage There is a garage located in a block a short distance from the bungalow with an up and over door.
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
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FAQ
About 6, Gervase Gardens, Nottingham
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