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See how verdicts work3-bedroom terraced house · DE21 7JH
Listing removedListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented and modernised three-bedroom mid-terrace home, perfectly suited to first-time buyers.
Tucked away in a no-through road close to Spondon village, this attractive property offers well-proportioned accommodation throughout. Viewing is highly recommended.
The ground floor comprises two reception rooms and a fitted kitchen, while the modern family bathroom is conveniently located on the first floor alongside the three bedrooms.
Further benefits include gas-fired central heating, uPVC double glazing, and an enclosed rear garden.
Reader Street is an established no through road location situated within the heart of Spondon village and is therefore well situated for shops, schools and transport links together with excellent road links for the A52, M1 motorway and A50 leading the Nottingham East Midlands Airport.
Lounge 10'10" x 10'11" (3.3m x 3.3m) Inner Hallway 2'6" x 2'7" (0.8m x 0.8m) Dining Room 10'10" x 11'7" (3.3m x 3.5m) Kitchen 6'2" x 11'2" (1.9m x 3.4m) First Floor Landing 2'11" x 14'8" (0.9m x 4.5m) Bedroom One 10'11" x 11'0" (3.3m x 3.4m) Bedroom Two 7'6" x 6'8" (2.3m x 2.0m) Bedroom Three 6'1" x 7'10" (1.9m x 2.4m) Bathroom 7'6" x 4'7" (2.3m x 1.4m) Buyer Information: 1.
Anti-Money Laundering (AML) Regulations: We are legally required to verify all purchasers. The cost is £24 (inc VAT) per person. 2.
General: These sales particulars are intended as a general guide only. If any detail is especially important, please contact us—particularly if you’re travelling a long distance to view. 3.
Measurements: All measurements are approximate and provided for guidance only. 4. Services: Services, equipment, and appliances have not been tested.
Buyers should arrange their own surveys or inspections. 5. These details are given in good faith but do not form part of any offer or contract. Information should be independently verified.
Hannells Limited and its employees or agents are not authorised to make representations or warranties regarding the property.
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 advisers 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
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FAQ
About Reader Street, Spondon
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