2-bedroom flat · NG1 3AP
Sold STCListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***EWS1 Certificate Approved*** Making for an ideal first time purchase or investment opportunity this two bedroom sixth floor apartment affords a contemporary interior and private terrace with City Centre views.
Being offered to the market with no onward chain the accommodation comprises of an entrance hall opening out into an open plan living/dining/kitchen, master bedroom with fitted wardrobes and en-suite, second double bedroom with fitted wardrobes and a main bathroom.
Also benefitting from an allocated parking space, early viewing is strongly recommended.
HALLWAY 7' 4" x 4' 4" (2.24m x 1.32m) With fitted carpet, airing cupboard, intercom system and fitted ceiling spotlights.
OPEN PLAN LIVING/DINING/KITCHEN 19' 6" x 11' 1" (5.94m x 3.38m) The living area has fitted carpet, double glazed windows and French Doors to the private terrace, wall mounted electric heater and fitted ceiling spotlights.
The fitted kitchen has a range of fitted high and low level units with a rolled edge worktop over incorporating a one and quarter bowl stainless steel sink and drainer, breakfast bar seating, splash back tiling, integrated electric oven, inset hob with extractor hood over, integrated microwave, fridge, freezer, slimline dishwasher and washer dryer, vinyl flooring and fitted ceiling spotlights.
MASTER BEDROOM 9' 7" x 9' 3" (2.92m x 2.82m) With fitted carpet, double glazed windows and French Doors to the private terrace, wall mounted electric heater, fitted wardrobe with sliding doors and fitted ceiling spotlights.
EN-SUITE With a double wide walk in shower enclosure with a mains fed mixer bar shower, low flush w.c., pedestal wash hand basin, vinyl flooring, part wall tiling, chrome heated towel rail and fitted ceiling spotlights BEDROOM TWO 10' 5" x 8' 11" (3.18m x 2.72m) With fitted carpet, wall mounted electric heater, fitted wardrobe with sliding doors and fitted ceiling spotlights.
BATHROOM Comprising of a panelled bath with chrome mixer taps and shower attachment over, low flush w.c., pedestal wash hand basin, vinyl flooring, part wall tiling, chrome heated towel rail and fitted ceiling spotlights.
EXTERNAL With a private terrace with views across the City Centre and an allocated, gated parking space.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Castle Exchange, Broad Street
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