2-bedroom property · NG2 6UG
Sold STCListed 719 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented light and airy first floor flat with no upward chain. Buying in the popular Hilton Grange development provides so much more than the flat itself.
It is ideally located within it’s community with a CO-OP, local butchers and hair dressers.
There is a frequent local bus route round the corner for West Bridgford, Nottingham City as well as the community bus for the health centre.
Hilton Grange is a popular complex for over 55s with a fantastic community spirit and a lovely range of communal facilities including a large lounge for things such as coffee mornings, birthday parties or festive celebrations.
It has plentiful parking, laundry and computer rooms, a gym and a guest bedroom for additional visitors.
The flat boasts a beautiful view over the gardens and established trees, with an south facing aspect, and is located close to the lift.
The property is entered through an intercom communication system with communal areas, lifts that lead to the first floor and wide hallway leading to the front entrance door.
On entering the flat the hall benefits from a double storage cupboard with access into the lounge, both bedrooms and the shower room.
The large lounge / diner offers ample living space with a window and door that opens up onto the south facing balcony and an opening into the fitted kitchen.
The room has a sense of light and space due to the patio style full length window providing the view.
Both double bedrooms benefit from dual aspect windows and the shower room consists of a shower, WC and wash basin.
Service Charge and Ground Rent - £381.41PM Lease - 999 years from 1 January 2006 Hallway - Double door, door to: Living Room - 5.86m x 3.72m (19'3" x 12'2") - Window to rear, door to: Balcony - 1.12m x 3.72m (3'8" x 12'2") - Kitchen - 2.68m x 2.53m (8'10" x 8'4") - Open plan, door to: Bedroom - 5.23m x 2.71m (17'2" x 8'11") - Window to rear, window to side, door to: Bedroom - 4.00m x 2.71m (13'1" x 8'11") - Window to rear, window to side, door to: Shower Room - 2.35m x 1.76m (7'9" x 5'9") - Door to:
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Hilton Crescent, West Bridgford, Nottingham
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