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 · NG16 1LB
Listing removedListed 372 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** priced to sell! ***A great opportunity to purchase this spacious first floor apartment in Watnall.
With intercom access and no garden to worry about, it is ideal for busy young professionals, down-sizers, or investors. No upward chain!
The accommodation comprises of a hallway to the 2 double bedrooms, open plan lounge kitchen diner and bathroom. Outside, there are communal gardens and a dedicated parking space.
Located within easy reach of Kimberley town centre offering an array or amenities, there is nearby countryside and excellent road links providing access to Nottingham city centre.
Call us on option 1) to arrange your viewing. Entrance Hall Entrance door, intercom system, radiator, storage cupboard, airing cupboard housing the hot water tank and doors to all rooms.
Open Plan Living Space 6.68m x 6.02m (21' 11" x 19' 9") Lounge Diner Area - UPVC double glazed windows to both sides, 2 radiators. Open to the kitchen area.
Kitchen Area - A range of matching wall & base unit, work surfaces incorporating an inset one & a quarter bowl stainless steel sink & drainer unit.
Integrated appliances to include: Electric oven & hob with extractor over, fridge freezer and washing machine. Wood effect laminate flooring, radiator and uPVC double glazed window to the side.
Bedroom 1 3.42m x 2.86m (11' 3" x 9' 5") UPVC double glazed window to the side and radiator. Bedroom 2 2.8m x 2.59m (9' 2" x 8' 6") UPVC double glazed window to the side and radiator.
Bathroom 3 piece suite in white comprising WC, vanity sink unit and bath with shower over. Extractor fan, chrome heated towel rail and obscured uPVC double glazed window to the side.
Outside There is a car park with an allocated parking space and visitor parking.
Lease Information We have been informed by our sellers that the property is currently held on a 150 year lease which commenced in 2004.
The annual ground rent is £242 and the annual service charge is £1090 (As of October 2025).
Agents Note We have been informed by the seller that the boiler is located in the cupboard in the entrance hall.
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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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
FAQ
About 25, Riddles Court, Nottingham
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