1-bedroom flat · NG9 7AS
Listing removedListed 43 days
Opportunity summary
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About
A well presented ground floor one double bedroom apartment, tucked away off the main road, within a convenient location to the nearby shops, services and amenities in Stapleford town centre.
Gas central heating from a combination boiler, double glazing, one allocated parking space, hot and cold air conditioning unit, modern interior.
The property offers easy access to good transport links. We believe the property will make an ideal first time buy or investment opportunity. We highly recommend an internal viewing.
Robert Ellis are pleased to welcome to the market this modern build one bedroom ground floor apartment within walking distance of town centre amenities.
With single level accommodation comprising communal entrance hallway leading through to the apartment's inner hallway adjoining the double bedroom, upgraded shower room, boiler/storage closet and open plan living/dining/kitchen.
The property also benefits from gas fired central heating from a combination boiler, double glazing, one allocated parking space, hot and cold air conditioning unit, communal gardens and grounds.
We believe the property will make an ideal first time buy or investment opportunity, offering a reasonable rental yield, whilst also being conveniently located just off Derby Road in Stapleford.
There is easy access to the nearby shops, services and amenities, as well as fantastic on-the-doorstep transport links such as the i4 bus service, the A52 for Nottingham and Derby, Junction 25 of the M1 motorway and the Nottingham express tram terminus situated at Bardills roundabout.
We highly recommend an internal viewing. Communal Entrance Offering doors/staircases to all apartments.
Entrance Hall (3.50 x 1.81 (11'5" x 5'11")) Panel entrance door, security phone entry system, radiator, spotlights, doors to all rooms, useful boiler closet housing the gas fired combination boiler (for central heating and hot water), coat pegs and consumer unit.
Open Plan Living/Dining/Kitchen The living area offers a set of double glazed French doors opening out onto the communal garden area, radiator, media points and wall mounted hot and cold air conditioning unit.
The living area then opens out to the kitchen space.
The kitchen area comprises a matching range of fitted base and wall storage cupboards, with granite-effect roll top work surfacing incorporating a single sink and draining board with central mixer tap and tiled splashbacks, integrated fridge/freezer, plumbing for washing machine, fitted four ring hob with extractor over and oven beneath, tiled splashbacks and LED spotlights.
Bedroom One (3.53 x 2.73 (11'6" x 8'11")) Two double glazed windows to the rear, radiator and telephone point.
Shower Room (1.96 x 1.80 (6'5" x 5'10")) Recently re-fitted modern white three piece suite comprising walk-in double size shower cubicle with glass screen and dual attachment mains shower, wash hand basin with mixer tap and storage cabinets beneath, and hidden cistern push flush WC.
Decorative marble-style wall boarding, double glazed window, wall mounted mirror fronted bathroom cabinets and chrome ladder towel radiator.
Allocated Parking There is one allocated parking space belonging to the property. Agents Note It is understood that the property is held on a leasehold term of 125 years from 2014.
This leaves approximately 113 years remaining on the lease. We have also been notified that the ground rent is £10 per annum and the service charge is approximately £1328.20 per year.
This equates to a quarterly charge of £332.05 or a monthly charge of £110.68. We ask that you confirm this information with your solicitor prior to completion.
Directions From our Stapleford Branch on Derby Road, proceed in the direction of Sandiacre before taking an eventual left hand turn off Derby Road just past the precinct of shops and the nursery.
Nursery Court can be found at the end of the driveway. A ground floor one bedroom apartment set back from the main road within walking distance of town centre amenities.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Apartment 2 Nursery Court, 143A, Derby Road, Nottingham
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