1a, Three Tuns Road, NOTTINGHAM, Nottinghamshire, NG16 3EJ

Description

Conveniently situated in the heart of Eastwood close to the A610, A38 and M1, linking Nottingham and Derby can be found this three-bedroom bay-fronted semi-detached property with additional attic conversion. A shared drive leads to the rear of the property with access to a garage and garden beyond. Eastwood, famed for author D.H.Lawrence, has a good range of amenities including schooling, medical facilities, local and national shopping, supermarket and petrol station. The property is also a short drive from Langley Mill train station and Phoenix Park tram station.

Accommodation

Ground Floor: Entrance hall, lounge, dining room, kitchen. First Floor: Landing, three bedrooms, bathroom. Second Floor: Attic room. External: Front and rear gardens, garage.

Location

Heart of Eastwood, close to the A610, A38 and M1, linking Nottingham and Derby. Easy access into Eastwood high-street. Eastwood has schooling, medical facilities, local and national shopping, a supermarket and petrol station. The property is also a short drive from Langley Mill train station and Phoenix Park tram station.

Tenure / Property Information

Investment Analysis

Indicative GDV is based on the supplied same-road completed sales. The nearest recent evidence is 5 Three Tuns Road at £174,000 in March 2026. Other evidence ranges from £162,000 to £205,000 for 2020–2021 sales, with the £280,000 sale being a higher outlier with no specification supplied. A base GDV of £174,000 is therefore used, but the lack of floor-area, condition and comparable specification details limits confidence.

Investment Snapshot

Strategy Recommendation

Do not underwrite as a BTL at the supplied rent. Consider only after confirming condition, attic conversion compliance, heating, title and all special-condition fees; the evidence does not support a reliable refurbishment, BRRR or flip bid.

Works Required

No specific defects or refurbishment requirements are evidenced. Allow for inspection and confirmation of the EPC E-related works, attic conversion status, heating, garage/shared-drive arrangements and general condition before bidding. No works cost is estimated without supporting evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £174,000 base GDV, a 75% refinance calculation would be £130,500, but total project cost cannot be calculated because refurbishment costs and any seller fees are not supplied. The £1,800 buyer contract documentation fee is known, but it is insufficient to complete a reliable BRRR cash-left-in calculation.

Buy-to-Let Analysis

The supplied advertised rent is £312 pcm, equating to £3,744 annually and a gross yield of approximately 2.88% against the £130,000 guide. This is a very weak headline yield before finance, maintenance, voids, management, insurance and taxation. The evidence is an asking rent rather than achieved rent, and no reliable rental range is supplied.

Flip Analysis

The indicative base GDV is £174,000, supported primarily by the recent £174,000 same-road sale. A flip surplus cannot be calculated because refurbishment costs, acquisition costs beyond the £1,800 documentation fee, selling costs and any seller-charged completion fees are not supplied. The gross margin over the £130,000 guide is not a profit estimate.

Investor Risks & Due Diligence

• EPC rating E may indicate improvement requirements, but no specific works or costs are supplied.

• The attic conversion is described but its planning, building-regulation and mortgageability status are not evidenced.

• The property has a shared drive; rights, maintenance obligations and access arrangements are not supplied.

• Heating details are unavailable.

• The £312 pcm rental evidence is an advertised asking rent and may not represent achievable rent.

• The seller may charge additional completion fees under the Special Conditions of Sale, but their amount is unknown.

• Parking is not fully confirmed beyond the stated garage.

Recommendation

Do not underwrite as a BTL at the supplied rent. Consider only after confirming condition, attic conversion compliance, heating, title and all special-condition fees; the evidence does not support a reliable refurbishment, BRRR or flip bid.

Strategy Rating

Analysis Confidence

There are several same-road completed sales and an advertised rent, but no condition report, floor-area comparability, achieved rental evidence, refurbishment budget, heating details or full auction fee schedule.