2-bedroom flat · NG4 4FG
Listing removedListed 63 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first floor maisonette is clean and tidy throughout.
Situated above a Chemist with local amenities and bus services on the door step, and benefitting from reaching views to the rear from the Living room and kitchen. Available now, long term!
The Accommodation Comprises:- Stairs To First Floor Entrance lobby with stairs to first floor landing, UPVC double glazed window.
Inner Hallway With large storage cupboard housing hot water tank, electric heater.
Kitchen (7'05 x 9'07) With a fitted kitchen with wood effect units comprising electric oven, ceramic electric hob and extractor over, fridge/freezer*, washing machine, * UPVC double glazed window.
*Please note these items are left on a goodwill basis and won't be repaired or replaced by the landlord.
Living Room (13'11 x 10'05) With neutral decor, electric heater and UPVC double glazed window with far reaching views to the rear.
Bathroom With a white suite comprising a bath with electric shower over and screen, wc and basin, heated towel rail. UPVC double glazed window.
Bedroom 1 With neutral decor, UPVC double glazed window, electric heater. Bedroom 2 With neutral decor, UPVC double glazed window, electric heater.
Outside The property entrance is to the right hand side of the Chemist, with a wooden gate. Steps to the rear lead to a garden area which the tenant of the flat may use and maintain if they wish.
(Please note the garden is current unmaintained and needs clearing, the Landlord will not undertake this, the garden may be used and cleared by the tenant or left as it is) Material Information Restrictions - No smoking is allowed in the property.
Deposit: £890.00 - You will be required to pay a holding deposit equivalent to one weeks rent at the point of referencing.
This is then credited to the security deposit when acceptable references are completed. Flood risk: Very low Available - Now Management of tenancy - Marriotts will be managing the property.
Utilities - Mains electric, water and sewerage. Electric supplier - tbc Water supplier - Severn Trent Water. Water meter: Yes Council tax - Band A - Gedling Borough Council.
Broadband availability - if this link doesn't work please visit Ofcom - Broadband and Mobile coverage checker.
Mobile signal/coverage - if this link doesn't work please visit Ofcom - Broadband and Mobile coverage checker. Electric car charger point - not available.
Access and safety information - First floor flat with stairs to front door and then immediately upto the first floor. Several steps down to the garden. References and credit checks are mandatory.
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 271a, Westdale Lane, Nottingham
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