1-bedroom flat · NG5 8RQ
Listing removedReduced £10k (−6.3%) on 21 JunListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price: £160,000 - £170,000 great first-time buy...
This well-presented one-bedroom ground floor maisonette offers modern accommodation throughout, making it the perfect purchase for a first-time buyer, investor, or anyone looking for a home ready to move straight into.
Situated in the popular area of Redhill, the property benefits from being within close proximity to local shops, excellent transport links into Nottingham City Centre, and a range of nearby amenities.
Internally, the accommodation comprises a bright and airy living room open plan to a modern fitted kitchen creating a stylish and sociable living space, a spacious double bedroom, and a three-piece bathroom suite complete with a bath and overhead shower.
Outside, the property benefits from allocated off-street parking. Combining comfort, convenience, and a sought-after location, this fantastic maisonette is not one to be missed.
Must be viewed Entrance Hall (4.42m x 2.15m) The entrance hall has carpeted flooring, an in-built cupboard, and a single composite door providing access into the accommodation.
Kitchen & Living Space (5.60m x 4.57m) The kitchen has a range of fitted base and wall units with laminate worktops, a stainless steel sink with a mono mixer tap and drainer, an integrated oven with an electric hob and extractor hood, space and plumbing for a washing machine and a dishwasher, space for a fridge freezer, space for a dining table, recessed spotlights, wood-effect flooring, a radiator, a UPVC double-glazed window, and open plan to the living area.
The living area has a UPVC double-glazed window, a TV point, carpeted flooring, and a radiator.
Bedroom (4.41m x 4.12m) The bedroom has dual-aspect UPVC double-glazed windows, carpeted flooring, a radiator, a wall-mounted smart heating thermostat, and a TV point.
Bathroom (2.89m x 1.52m) The bathroom has a low level flush WC, a pedestal wash basin, an electrical shaving point, a panelled bath with a mains-fed shower and a shower screen, partially tiled walls, wood-effect flooring, an extractor fan, and a radiator.
Additional Information Broadband Speed - Ultrafast Available - 1800 Mbps (download) 220 Mbps (upload) | Electricity – Mains Supply | Water – Mains Supply | Heating – Gas Central Heating – Connected to Mains Supply | Sewage – Mains Supply | Flood Risk – No flooding in the past 5 years+ | Flood Risk Area - High risk for surface water / very low risk for rivers & sea as per the Gov website.
| Construction – Brick | Mining Area – Potentially located on a 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 - Gedling Borough Council - Band A | Tenure Information Service Charge in the year marketing commenced (£pa): £397.66 Ground Rent in the year marketing commenced (£pa): £0 Property Tenure is Leasehold.
Term: 999 years from 1 January 2022 - Term remaining 995 years. The information regarding service charges and ground rent has been obtained from the vendor.
HoldenCopley have checked the most recent statement for ground rent and service charge 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.
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
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 20 Nicholson Close, Nottingham
Explore nearby