2-bedroom flat · NG17 5BB
No longer listedListed 43 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***********HOLDING FEE RECEIVED*********** COVID 19 - DUE TO GOVERNMENT RESTRICTIONS WE ARE AT THIS PRESENT TIME UNABLE TO CARRY OUT VIEWINGS.
THIS IS TO ENSURE THE SAFETY OF THE LIGHTHOUSE TEAM AND THAT OF THE GENERAL PUBLIC.
WE ARE HOWEVER REGISTERING INTEREST FOR WHEN RESTRICTIONS ARE LIFTED SO PLEASE EMAIL YOUR NAME AND CONTACT NUMBER AND ONCE WE ARE ABLE WE WILL CONTACT YOU AND ARRANGE FOR YOU TO VIEW YOUR SELECTED PROPERTY.
Thank you - Team Lighthouse. Well presented two bedroomed self contained flat in Sutton in Ashfield. Within walking distance of the local town centre and within easy access of local bus routes.
The property briefly comprises of a kitchen diner with lounge area, a shower room and two bedrooms. It also benefits from an atrium entrance with secure door and telecom opening.
Viewing strictly through Lighthouse. EPC: E We welcome interest from prospective applicants and viewings will be arranged through our office.
Considered ALL PROPERTIES ARE TAKEN AS SEEN and prospective tenants must make sure that they are happy with the particulars and condition of the property before applying for a property and entering into a tenancy agreement.
PLEASE NOTE: A HOLDING FEE OF ONE WEEKS RENT WILL BE TAKEN WHILST THE RIGHT TO RENT, CREDIT CHECKS AND AFFORDABILITY CHECKS ARE CARRIED OUT. THE HOLDING FEE WILL THEN BE DEDUCTED FROM THE DEPOSIT.
IF THE CHECKS ARE NOT SUCCESSFUL THE FEE WILL BE RETURNED. IF A TENANT WITHDRAWS FROM THE APPLICATION THE FEE IS NON REFUNDABLE TO COVER COSTS.
LIGHTHOUSE ESTATE AGENTS AND LETTINGS IS A MEMBER OF THE PROPERTY OMBUDSMAN : MEMBERSHIP NUMBER DO2304 ALL PROPERTY BONDS ARE SECURED AND HELD BY THE DEPOSIT PROTECTION SCHEME.BONDS FROM THE 1ST JUNE ARE A MAXIMUM OF FIVE WEEKS RENT
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 Clare Road, Sutton In AshfieldNotts
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