1-bedroom flat · NG10 1RE
Listing removedListed 196 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Wallace jones are delighted to offer for rent this good sized unfurnished, 1 double bedroom ground floor apartment in the recently converted Barclays Bank building in the heart of Long Eaton.
Available to now An unfurnished ground floor apartment in the recently converted Barclays Bank building at the heart of Long Eaton.
Having been converted to the highest standard, the property is access via a communal entrance to the rear and the accommodation briefly comprises, large entrance lobby with store cupboard, good sized open plan lounge/kitchen with integrated oven, hob, extractor, washer dryer and fridge, 1 double bedroom with en suite shower room.
Available to view now - please be advised that no parking is available with this property Rental £750 per calendar month with £750 deposit long term tenants preferred Council Tax Band A with Erewash Borough Council Applicants to be non smokers and due to the location and type of property, this is not considered suitable for pets or children £100 holding fee, credit checks and references apply
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Flat 3, 1 Derby Road, Nottingham
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