2-bedroom terraced house · NG7 2PG
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom part furnished property close to the QMC. Viewing is essential.
Overview - The property comprises - Front Reception Room - 3.62 x 3.45 (11'10" x 11'3") - With grey wood effect laminate flooring, radiator, UPVC double glazed window and door.
Dining Room - 3.58 x 3.48 (11'8" x 11'5") - To the rear with built in storage under the stairs, grey wood effect laminate flooring, radiator, UPVC double glazed window and stairs to the first floor.
Kitchen - 4.38 x 1.74 (14'4" x 5'8") - Having a range of fitted wall and base units including an electric oven, gas hob, fridge freezer, washing machine and microwave.
Tiled floor, rear door and two UPVC double glazed windows. Stairs - To the first floor.
Bedroom 1 - 3.61 x 3.46 (11'10" x 11'4") - To the front with grey carpet, radiator, built in cupboard and UPVC double glazed window.
Bedroom 2 - 3.47 x 2.66 (11'4" x 8'8") - To the rear, with grey carpet, radiator and UPVC double glazed window.
Bathroom - 3.09 x 1.72 (10'1" x 5'7") - Having a modern white suite incorporating an electric shower over the bath, chrome towel radiator, airing cupboard housing the combi boiler, UPVC double glazed window and tiled floor.
Outside - An enclosed rear garden. Material Information - DEPOSIT: £1035. You will be required to pay a holding deposit equivalent to one weeks rent at the point of referencing.
This is then credited to the security deposit when acceptable references are completed. UTILITIES - Mains gas, electric, water and sewerage.
GAS & ELECTRICITY PROVIDER: TBC MAINS WATER PROVIDER: Severn Trent FLOOD RISK: Very low. BROADBAND AVAILABILITY: Please visit Ofcom - Broadband and Mobile coverage checker.
MOBILE SIGNAL/COVERAGE: Please visit Ofcom - Broadband and Mobile coverage checker. ELECTRIC CAR CHARGING POINT: Not available. ACCESS AND SAFETY INFORMATION: Level access to the front and rear.
References and credit checks will be required.
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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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 Cloister Street, Nottingham
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