2-bedroom house · NG20 8BH
Listing removedReduced £25 (−3.3%) on 17 JunListed 221 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Zero Deposit Guarantee Available ** This spacious two double bedroom home is ideally located close to shops and also with easy access to Sports Direct.
The property comprises of: Ground Floor: Rear entrance leading to the modern fitted kitchen with a range of wall and base units, inset sink and drainer, freestanding gas cooker with hob and chimney style extractor fan over.
Further to the kitchen is a downstairs bathroom with a seperate wc. There are two good size reception rooms, one with an under stairs storage cupboard and both having electric fire places.
First Floor: Two double bedrooms with storage cupboards and off the master bedroom there is an extra room which would make an idela nursery or study.
Outside to the the front there is a small enclosed garden area, to the rear is a concrete yard area with shared step access to the house. Council Tax Band: Holding Deposit: £183.00
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Prospect Drive, Shirebrook
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