2-bedroom flat · DE74 2AA
Listing removedListed 92 days · slow let
Opportunity summary
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About
We have available this modern ground floor flat which has it's own entrance and allocated parking. Comprising two double bedrooms, open plan living/dining/kitchen and a modern bathroom.
This modern ground floor flat which has it's own entrance and allocated parking. Comprising two double bedrooms, open plan living/dining/kitchen and a modern bathroom.
The property is located in the popular village of Kegworth. With excellent transport links, it is within commuting distance of Nottingham, Derby, Leicester and London, with regular trains to St.
Pancras from East Midlands Parkway railway station and close to the M1 motorway. It is also conveniently located for Donington Park Motorsport Circuit and Nottingham East Midlands Airport.
The village is also close to Sutton Bonington Campus of Nottingham University..
Kitchen - 6.8m x 3.98m (22'3" x 13'0") - Fitted kitchen with a range of wooden wall and base units, integrated oven with gas hobtop and extractor hood, stainless steel sink with mixer tap and drainer.
There is plumbing for a washing machine, space for a full sized fridge freezer and a cupboard housing the boiler with some extra storage.
There is a window out tothe rear of the property and grey lino to the floor. The kitchen has an open plan to the living/dining space.
Living/Dining - 6.8m x 5.03m (22'3" x 16'6") - Good sized reception room, large enough to accomodate and living area and a dining area.
Neutral decor with access through a front door to the front of the property and a window to the front of the property allowing in lots of natural light.
The reception room is neutrally decorated with cream carpets and painted walls.
Bedroom 1 - 3.85m x 3.65m (12'7" x 11'11") - Large double bedroom with neutral decor, double uPvc doors to a Juliette balcony and a window allowing in lots of natural light.
Bedroom 2 - 2.90m x 2.55m (9'6" x 8'4") - Double bedroom with neutral decor and a rear facing aspect.
Bathroom - 2.9m x 2.55m (9'6" x 8'4") - Bathroom with white suite comprising a full sized bath with shower over, hand basin and WC.
There are modern white tiles to the walls and grey lino to the floor. Outside - The property benefits from being ground floor and having it's own entrance.
There is a paved and gravelled area to the front suitable for some potted plants if desired. To the rear of the property is an allocated parking space.
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
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FAQ
About Wood Drive, Kegworth
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