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See how verdicts work2-bedroom flat · NG5 6JL
Sold STCListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DAYBROOK: A stunning first floor apartment set within this Grade II listed former hosiery mill in Daybrook, Nottingham.
The apartment is brimming with character and features huge dual aspect factory windows, bare brick walls, and high ceilings.
The property has two double bedrooms, a recently installed boiler, and a large bathroom with bath and separate shower.
There is dedicated off-road car-parking, pleasant communal grounds, and a small on-site gym. WHY SHOULD YOU VIEW? This gorgeous loft-style apartment really does have the wow factor!
The property sits within a listed building and is within walking distance of Arnold town centre that has an abundance of shops, restaurants & bars.
Coming to market free of chain, the property also comes complete with furnishings and appliances, and a has a relatively recently installed gas combination boiler.
For those unfamiliar with the area, the building sits just off the A60 Mansfield Road, around a mile from the City Hospital Campus.
There is an abundance of public transport into Nottingham city centre, that is approximately three miles away. Call us today to view!
The building is set within secure gated grounds and has allocated parking to the rear of the building.
Within the building there is a communal gym to the lower ground floor and there is the benefit of a lift.
Council tax Band - C (Gedling Borough Council)Tenure: LeaseholdAdditional Information: The property is being sold on a leasehold basis with the property held on a 125 year lease granted in the year 2000.
Annual service charges are £2038. Ground rent is £140.
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 Morley Mills, Daybrook
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