2-bedroom flat · NG3 6AX
Listing removedListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** guide price £170,000 - £180,000 *** This beautifully renovated two-bedroom apartment is finished to an exceptional standard throughout and is ready for immediate occupation offering a fantastic opportunity for first time buyers, downsizers or investors alike.
This home features a bright and spacious open-plan kitchen and living area, thoughtfully designed for modern living.
The kitchen is fitted with a range of wall and base units with under-counter lights for ambience, a range of integrated appliances including fridge, freezer, washing machine, electric hob and oven.
The living area includes a Juliet balcony to enhance the space with natural light.
There are two well proportioned double bedrooms with the master bedroom featuring a newly fitted modern en-suite shower room.
A stylish family bathroom has also recently been installed including a three-piece suite with overhead shower and a touch-activated Bluetooth mirror with anti-mist function adding a sleek, modern touch.
This home is in a sought-after location in Mapperley with a variety of local amenities in proximity.
This includes a variety of shops, supermarkets, independent restaurants and bars as well as frequent bus services providing access to the surrounding areas as well as Nottingham City Centre.
Further benefits include allocated parking, a chain free position and a high-quality finish throughout, making this an ideal turn-key home. This home is one you don’t want to miss out on.
Contact Frank Innes today to arrange your viewing.
Ground Rent - £125 pa Service Charge - £1,477 pa Lease - 975 years Kitchen / Living (5.3m x 4.1m) Bedroom One (3.3m x 3.1m) Ensuite (3.2m x 1.3m) Bedroom Two (3.05m x 3m) Bathroom (2.03m x 1.75m)
Value & comps
No previous sales on record.
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Returns
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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 Apartment 12 Pasteur House,, Ockbrook Drive, Nottinghamshire
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