2-bedroom flat · NG5 1QH
Sold STCReduced £10k (−7.1%) on 17 SepListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price: £140,000 - £150,000 well-presented ground floor flat...
Well-presented throughout and offering spacious, versatile accommodation, this two-bedroom ground floor flat is the perfect purchase for first-time buyers, downsizers, professionals or investors alike.
Situated in a popular and well-connected location, the property is within easy reach of a range of local shops, excellent schools and fantastic transport links.
The apartment is accessed from the shared hallway via its own main fire door, which opens into a small lobby and cloakroom area, creating a welcoming entrance.
The accommodation comprises a modern fitted kitchen, a generous reception room providing ample space for both relaxing and entertaining, two well-proportioned bedrooms, and a three-piece bathroom suite.
The apartment also benefits from an intruder alarm, a secure door entry system with telephone connectivity, and wheelchair-friendly access, ensuring both comfort and peace of mind.
Externally, the property benefits from an allocated parking space, adding further practicality to this attractive home.
Offering move-in-ready accommodation in a sought-after location, this flat presents an excellent opportunity for a wide range of buyers seeking comfortable, low-maintenance living.
Must be viewed Entrance (1.18m x 1.18m) Entrance into the main accommodation from the lobby, is through a single composite door.
Hallway (3.53m x 1.92m) The hallway has laminate flooring, a radiator, a wall-mounted phone intercom and two built-in cupboards.
Living Room (4.60m x 4.17m) The living room has UPVC double-glazed windows, laminate flooring and two radiators.
Kitchen (2.64m x 2.88m) The kitchen has a range of fitted gloss shaker style base and wall units with worktops and a tiled splashback, an integrated oven, an electric hob and cooker hood, stainless steel sink with a drainer and a swan neck mixer tap, space and plumbing for a washing machine and dishwasher, space for a fridge-freezer, tiled flooring and a UPVC double-glazed window.
Master Bedroom (4.00m x 2.96m) The main bedroom has a UPVC double-glazed window, laminate flooring and a radiator.
Bedroom Two (2.32m x 2.96m) The second bedroom has a UPVC double-glazed window, laminate flooring and a radiator.
Bathroom (2.72m x 1.58m) The bathroom has a low level flush W/C, a pedestal wash basin, a fitted panelled bath with a mains-fed shower and a glass shower screen, tiled flooring, partially tiled walls, a radiator, recessed spotlights, an extractor fan and a UPVC double-glazed obscure window.
Leasehold Information The vendor has advised the following: Service Charge in the year marketing commenced (£pa): £1,068.62, Ground Rent in the year marketing commenced (£pa): £180.43, Property Tenure is Leasehold.
Term: 150 years from 1st February 2002 - Term remaining 126 years. The information regarding service charge and ground rent has been obtained from the vendor.
HoldenCopley have checked the most recent statement for the service charge and ground rent and have obtained the lease length via the Land registry.
HoldenCopley offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase.
The information will be confirmed by your solicitor via the management pack and Landlord pack where applicable.
We strongly recommended that you contact your solicitor before entering into negotiations to confirm the accuracy of information.
Additional Information Broadband Speed - Ultrafast - 1000 Mpbs (Highest available download speed) & 1000 Mbps (Highest available upload speed) | Phone Signal – All 4G & 5G coverage | Electricity – Mains Supply | Water – Mains Supply | Heating – Electric Heating – Connected to Mains Supply | Sewage – Mains Supply | Flood Risk – No flooding in the past 5 years+ | Flood Risk Area - High chance of surface water flooding, very low chance of flooding from rivers and the sea | Construction – Brick | Mining Area – Located on the coalfield.
No further mining report is currently required for this property according to Mining Remediation Authority records.
| Accessibility – No | Other Material / Safety Issues – No known safety issues have been disclosed by the seller.
| Any Legal Restrictions – No | Council Tax Band Rating - Nottingham City Council - Band B | Tenure: Leasehold | Disclaimer Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities.
Purchasers must make further investigations and inspections before entering into any agreement. Parking - Allocated Parking
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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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.
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FAQ
About 27 Sheridan Way, Nottingham
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