2-bedroom flat · NG5 7NJ
Sold STCListed 256 days
Opportunity summary
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About
£130,000 to £140,000 Guide Price Ground Floor Apartment in Prime Location Located on the ground floor, this modern apartment presents an outstanding opportunity for both investors and first-time buyers.
Ideally positioned within commuting distance of the city, it also benefits from close proximity to the amenities of Arnold and Mapperley, including a wide selection of shops, bars and restaurants.
The property is accessed via a secure communal entrance hall with an intercom system.
Inside, the apartment opens into a spacious entrance hall leading to a generous open-plan living area that seamlessly connects to the contemporary kitchen, which features an integrated oven and hob.
There are two well-proportioned bedrooms, including a main bedroom with a built-in wardrobe and a stylish shower room.
Further advantages include an allocated parking space, providing added convenience and peace of mind for residents.
Length of Lease remaining: 105 years Ground Rent £150,00 per annum Service Charge £1,291.57 per annum - Leasehold - Council Tax Band B HALLWAY 10' 0" x 3' 6" (3.05m x 1.08m) LIVING/DINING 18' 5" x 14' 1" (5.63m x 4.31m) KITCHEN 7' 6" x 6' 6" (2.30m x 2.00m) SHOWER ROOM 6' 9" x 6' 3" (2.06m x 1.91m) BEDROOM TWO 9' 0" x 8' 6" (2.75m x 2.61m) BEDROOM ONE 9' 11" x 9' 1" (3.03m x 2.78m)
Value & comps
No previous sales on record.
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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 starting price
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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 Edison Way, Arnold, Nottingham
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