2-bedroom property · NG16 5BQ
Listing removedListed 327 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £115,000.
Offered for sale is this delightful two bedroom plus loft room end terrace house having double glazing and gas central heating.
The accommodation briefly comprising of lounge, dining room and kitchen to the ground floor. Two bedrooms and bathroom to the first floor.
The property also has a loft room and store room to the second floor. Outside there is an enclosed garden to the rear. T Property is being sold with a tenant with an income of £8340 per annum.
Viewing is strongly recommended. Lounge (3.66m (12'0") x 3.56m (11'8")) Upvc door to the front elevation, double glazed window to the front elevation. Electric fire with stone effect fire surround.
Central heating radiator. Door leading to the dining room. Dining Room/Sitting Room (3.76m (12'4") x 2.95m (9'8")) Double doors leading to the kitchen, staircase leading to the first floor.
Under stairs storage cupboard. Central heating radiator. Kitchen (3.66m (12'0") x 3.02m (9'11")) Upvc door leading to the enclosed rear garden, double glazed windows to the rear elevation.
Stainless steel sink unit with mixer taps and side drainer inset into work surfaces, a range of base and wall units, central heating radiator. Plumbing for automatic washing machine.
Central heating radiator. First Floor/Landing Access to bedrooms one and two, access to the bathroom. Door leading to the staircase which gives access to the loft room.
Bedroom One (4.47m (14'8") x 3.66m (12'0")) Double glazed window and central heating radiator. Bedroom Two (3.66m (12'0") x 2.39m (7'10")) Double glazed window and central heating radiator.
Bathroom White three piece suite comprising of panelled bath with shower over, pedestal wash hand basin and low flush wc. Tiling to the walls. Wood effect floor covering.
Second Floor/Landing With storage cuboard. Store Room (2.79m (9'2") x 1.52m (5'0")) Loft Room (3.76m (12'4") x 2.62m (8'7")) Skylight window to the rear elevation and central heating radiator.
Outisde Walled boundary to the front with gated access to the front of the property. The rear garden has artificial grass, garden shed plus storage.
Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers’ obligations and sellers’ commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
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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
Agent & docs
FAQ
About 33, Plainspot Road, Nottingham
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