2-bedroom flat · NG31 9DF
Sold STCListed 524 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Norman Leys is a delightful stone built Victorian house that has been converted to provide a number of stylish individual homes of impressive accommodation.
It has been thoroughly modernised in a major renovation carried out at great expense.
Flat 2 provides comfortable and secure accommodation which includes a hall, generous living room, kitchen/dining room, two bedrooms and two bathrooms.
Benefits include gas fired central heating and double glazed windows. The property has an allocated parking space and enjoys the use of the lovely south facing gardens.
There is also visitor parking available. Viewing recommended. EPC Rating: C ENTRANCE HALL An 'L' shaped entrance hall with coving and spotlighting.
KITCHEN/DINING ROOM 5.04m x 2.03m A modern fitted kitchen comprising an attractive range of base cupboards, working surfaces and wall cupboards, AEG integrated oven, AEG fridge and freezer, hob with stainless steel chimney style extractor over, integrated washer-dryer, integrated dishwasher, inset stainless steel one and a half bowl sink and drainer, central heating boiler (recently replaced), spotlights, coving, glazed door to the living room and hall and double glazed window to the front elevation.
LIVING ROOM 5.48m x 3.91m Having three double glazed windows to the side elevation and double glazed window to the front, high coved ceiling, central heating thermostat and two radiators.
BEDROOM 1 4.29m x 3.65m With double glazed window to the front elevation, coving and radiator.
EN SUITE 1.93m x 1.86m Containing a modern suite comprising shower cubicle, pedestal wash basin and low level WC., shaver point, radiator, coving, spotlights and extractor fan.
BEDROOM 2 4.18m x 2.62m With double glazed window to the front elevation, radiator and coving.
BATHROOM 2.12m x 1.94m A re-fitted bathroom containing a white suite comprising panelled bath, pedestal wash basin and low level WC., chrome heated towel rail, coving and spotlights.
SERVICES Mains water, gas, electricity and drainage are connected. LEASE AND SERVICE CHARGE The property will be sold on a new 999 year lease. There is no ground rent.
Service charge will be £1,640 per year. DIRECTIONS From High Street proceed south taking the left turn at the traffic lights on to Avenue Road.
Continue on to Stonebridge Road, over the traffic lights on to Beacon Lane. The property is on the right-hand side just before the turning for Woodlands Drive.
AGENTS NOTE Please note these particulars may be subject to change and must not be relied upon as an entirely accurate description of the property.
Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed and they do not form part of any contract.
Some measurements are overall measurements and others are maximum measurements. All services and appliances have not and will not be tested.
NOTE Anti-Money Laundering Regulations – Intending purchasers will be required to provide identification documents via our compliance provider, Coadjute, at a cost of £54 inc.
VAT per transaction. This will need to be actioned at the offer stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
Newton Fallowell and our partners provide a range of services to buyers, although you are free to use an alternative provider.
If you require a solicitor to handle your purchase and/or sale, we can refer you to one of the panel solicitors we use. We may receive a fee of up to £300 if you use their services.
If you need help arranging finance, we can refer you to the Mortgage Advice Bureau who are in-house. We may receive a fee of £300 if you use their services.
For more information please call in the office or telephone .
Garden The property stands within substantial grounds with beautifully manicured communal gardens and ALLOCATED PARKING for 2 cars within the communal carpark.
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
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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 Beacon Lane, Norman Leys, NG31
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