2-bedroom flat · NG8 2GS
Sold STCListed 400 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented and proportioned two bedroom self-contained first floor flat in a sought-after and convenient development. A spacious self-contained two-bedroom first floor flat.
Available to the market with the benefit of chain free possession, this excellent flat situated in a small development and is considered ideal for a first buyer, investor, or those looking to downsize.
In brief the internal accommodation comprises: entrance hall, kitchen diner, inner hallway, sitting room, two-double bedrooms and shower room.
Outside the property is set in communal maintained grounds, with lawned areas to front and rear, a drying area, communal parking, and a dedicated garage.
Occupying a established and sought-after residential location with regular bus routes, and easy access to Bramcote Lane shops, doctors and a wide range of other facilities.
Recess porch shelters the wooden entrance door with glazed panels.
Hallway - With stairs off to the first floor landing, with loft hatch with ladder to large partially boarded loft space, ideal for storage, and useful storage cupboard.
Kitchen Diner - 4.32m x 2.85m (14'2" x 9'4" ) - Fitted wall and base units, work surfacing with tiled splash back, single sink and drainer with mixer tap, inset electric hob with extractor above and electric oven below, plumbing for a washing machine, integrated fridge and freezer, UPVC double glazed window, wall mounted electric heater, walk-in pantry cupboard with UPVC double glazed window.
Inner Hallway - Sitting Room - 4.78m x 3.66m (15'8" x 12'0" ) - Electric heater, UPVC double glazed window, and fuel effect electric fire with granite style hearth and surround and Adam style mantle.
Bedroom One - 3.65m x 3.33m (11'11" x 10'11" ) - UPVC double glazed window, wall mounted electric heater, fitted wardrobes and side table.
Bedroom Two - 3.33m x 3.01m (10'11" x 9'10" ) - UPVC double glazed window, and electric heater.
Shower Room - 2.36m x 2.12m (7'8" x 6'11" ) - Fitted with a WC, wall mounted wash-hand basin inset to vanity unit with illuminated mirror above, shower cubicle with MX electric shower over, fully tiled walls, UPVC double glazed window, airing cupboard housing the hot water cylinder with slatted shelves above.
Outside - The property sits in communal grounds which are primarily lawned with a drying area, communal parking and the property has a benefit of a garage within a block to the rear of the building.
Material Information: - Leasehold Property Construction: Brick Water Supply: Mains Sewerage: Mains Heating: Electric Heaters Solar Panels: No Building Safety: No Obvious Risk Restrictions: Cannot let out unless it's family.
Rights and Easements: None Planning Permissions/Building Regulations: None Accessibility/Adaptions: None Does the property have spray foam in the loft?: No Has the Property Flooded?: No Disclaimer: - These details and Key facts are for guidance only and complete accuracy cannot be guaranteed If there is any point, which is of particular importance, verification should be obtained.
All measurements are approximate. No guarantee can be given with regard to planning permissions or fitness for purpose. No apparatus, equipment, fixture or fitting has been tested.
Full material information is available in hard copy upon request. A Spacious Self-Contained Two-Bedroom First Floor Flat.
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.
Area
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FAQ
About Wollaton Vale, Wollaton, Nottingham
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