2-bedroom flat · NG8 5DP
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to purchase this beautifully presented two-bedroom first-floor apartment, set within a gated community and offering the rare combination of a 950-year lease, NO SERVICE CHARGE and a ground rent of just £10 per annum!
If you're searching for a property that combines comfortable living with outstanding leasehold benefits and valuable additional features, this impressive apartment deserves your attention.
Renovated and maintained to a high standard by the current owner, the property is presented in move-in-ready condition, making it an excellent choice for first-time buyers, downsizers, professional couples or investors seeking an attractive property with long-term appeal.
One of the standout features is the exceptionally long 950-year lease, providing considerable reassurance for prospective buyers.
Even better, there is no service charge to pay, alongside a remarkably low annual ground rent of just £10.
These favourable terms can make a significant difference to the ongoing cost of ownership compared with many other leasehold properties.
Situated within a gated community, the apartment offers an appealing setting away from the main road, while still benefiting from excellent transport connections and convenient access to local amenities.
The accommodation briefly comprises an entrance hall leading to a comfortable lounge, a fitted kitchen, two well-proportioned bedrooms and a bathroom.
The layout offers practical, versatile living space suitable for a range of buyers.
Outside, the property benefits from both front and rear gardens, providing valuable outdoor space to enjoy, relax in or personalise to your own taste.
A private garage adds further appeal, offering secure parking or useful additional storage.
Another attractive feature is the installation of solar panels with feed-in tariff payments, potentially providing an additional financial benefit through the existing arrangement.
Buyers are advised to confirm the tariff terms, eligibility and remaining payment period during their due diligence. The location is another major advantage.
Tucked away at the end of Llanberis Grove, the property enjoys convenient access to Nuthall Road, providing connections to the M1 motorway and Nottingham City Centre.
Offered for sale with NO UPWARD CHAIN, this is an excellent opportunity to secure a well-presented home with generous outdoor space, a garage, solar panels and exceptionally favourable lease terms.
Why You'll Want to View Properties offering a 950-year lease, no service charge and only £10 annual ground rent are particularly attractive to buyers looking to keep ongoing property costs down.
Combined with the gated setting, private gardens, garage and no-chain position, this apartment has plenty to offer.
Early viewing is highly recommended to appreciate everything this property has to offer.
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
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FAQ
About Llanberis Grove, Nottingham, Nottingham City
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