3-bedroom bungalow · NG16 5GJ
Sold STCListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** versatile village life! *** You will be charmed by this 3 bedroom bungalow the minute you walk through the entrance door.
Having been well maintained and refurbished, the accommodation provides 2 ground floor bedrooms and a further bedroom upstairs with the converted attic.
The appealing living area has a spacious feel which opens to the kitchen & dining area, with a separate utility room and wc, whilst the upstairs landing providing useful wardrobe/storage space leads to bedroom 1 & bathroom.
This is definitely one to view to get a feel for the space and how it could work for you. Outside, the rear garden is fairly low maintenance and offers a high level of privacy.
The driveway alongside the property which leads to the detached garage provides good off street parking. Call our sales team now to arrange a viewing.
Entrance Hall Composite entrance door to the front, radiator, wood effect laminate flooring, stairs to the first floor and doors to the open plan living space and bedrooms 2 & 3.
Open Plan Lounge Kitchen Diner 8.93m x 3.65m (29' 4" x 12' 0") A range of matching wall & base units, work surfaces incorporating an inset double stainless steel sink & drainer unit.
Integrated electric oven & gas hob with extractor over. Plumbing for dishwasher, space for fridge freezer, central island providing further storage space, ceiling spotlights and vertical radiator.
2 uPVC double glazed windows to the rear, wood effect laminate flooring. Door to the rear, door to the utility room and French doors leading to the rear garden.
Utility Room 3.0m x 1.51m (9' 10" x 4' 11") A range of matching wall & base units, work surfaces with an inset stainless steel sink & drainer unit.
Wall mounted Viessmann combination boiler, ceiling spotlights, plumbing for washing machine, heated towel rail, built in storage cupboard and door to the WC.
WC WC, pedestal sink unit, tiled flooring, ceiling spotlights and obscured uPVC double glazed window to the side.
Bedroom 2 3.19m x 3.07m (10' 6" x 10' 1") UPVC double glazed window to the front and radiator. Bedroom 3 3.57m x 2.03m (11' 9" x 6' 8") UPVC double glazed window to the front and radiator.
Landing 2 built in storage cupboards, velux window, radiator and doors to bedroom 1 and bathroom. Bedroom 1 3.82m x 3.2m (12' 6" x 10' 6") 2 velux windows, ceiling spotlights and radiator.
Bathroom 3 piece suite in white comprising WC, pedestal sink unit and bath with mains fed shower over. Extractor fan, velux window and chrome heated towel rail.
Outside To the front of the property is a turfed lawn with flower bed borders. A tarmacadam driveway provides ample off road parking leading to the detached garage.
The SouthWest-facing rear garden offers a good level of privacy and comprises a paved patio, turfed lawn, flower bed borders with a range of plants & shrubs and timber built shed.
The garden is enclosed by timber fencing to the perimeter with gated access to the side.
*** Agent Note *** Agent note: The seller has provided us with the following information: The gas boiler is located in the utility.
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
Agent & docs
FAQ
About 7, Palmerston Street, Nottingham
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