2-bedroom flat · NG7 1LU
Sold STCListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in this popular development, this two bedroom apartment makes for an ideal investment opportunity.
The accommodation comprises of an entrance hall, open plan living/dining/kitchen, two double bedrooms (master with en-suite shower room) and a further bathroom.
Being offered to the market with no onward chain and benefitting from an allocated parking space, early viewing is strongly recommended.
HALLWAY 18' 1" x 3' 4" (5.51m x 1.02m) With fitted carpet, wall mounted electric heater and two ceiling lights.
OPEN PLAN LIVING/DINING/KITCHEN 16' 9" x 13' 3" (5.11m x 4.04m) Comprising of a fitted kitchen with a range of high and low level units with a rolled edge worktop over incorporating a stainless steel sink and drainer, upstand and breakfast bar seating, integrated electric oven, inset hob with stainless steel splashback and extractor hood over, washing machine plumbing, wood effect flooring and ceiling light.
The living area has a fitted carpet, three double glazed windows, wall mounted electric radiator and two wall lights.
MASTER BEDROOM 12' 5" x 11' 8" (3.78m x 3.56m) With fitted carpet, double glazed window, fitted wardrobe, wall mounted electric heater and two wall lights.
EN-SUITE With a corner shower enclosure with a mains fed mixer bar shower, low flush w.c., pedestal wash hand basin, vinyl floor covering and ceiling light.
BEDROOM TWO 9' 2" x 8' 6" (2.79m x 2.59m) With fitted carpet, double glazed window, fitted wardrobe, wall mounted electric heater and wall light.
BATHROOM Comprising of a panelled bath with chrome mixer tap and shower attachment over, low flush w.c., pedestal wash hand basin, vinyl floor covering and ceiling light.
EXTERNAL With an allocated, underground parking space.
AUCTIONEER COMMENTS This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional. REFERRAL ARRANGEMENTS The Partner Agent and Auctioneer may recommend the services of third parties to you.
Whilst these services are recommended as it is believed they will benefit you; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted, please be aware that the Auction Coordinator or Partner Agent may receive payment for the recommendation.
Where this is the case, the Partner Agent and Auctioneer will inform you of any referral arrangements and any payment they will receive, prior to any services being taken by you.
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 advisors 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
Agent & docs
FAQ
About Park West, Derby Road
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