48 Broughton Drive, Nottingham, Nottinghamshire, NG8 1DW

Description

An opportunity to acquire a freehold semi-detached two-bedroom bungalow located in the sought-after location of Wollaton An opportunity to acquire a freehold semi-detached two-bedroom bungalow

Accommodation / Key Property Details

• Situated in a quiet and well-established residential area in the sought-after area of Wollaton
• Scope for conversion of attic for further accommodation (STP) An opportunity to acquire a freehold semi-detached two-bedroom bungalow located in the sought-after location of Wollaton
• Freehold two-bedroom semi-detached bungalow
• Situated in a quiet and well-established residential area
• Located in the sought-after area of Wollaton
• On the periphery of the prestigious Wollaton Park
• Excellent catchment area for both Primary & Secondary Schools
• Easy reach of QMC & University of Nottingham
• Great road connectivity, 10 min drive to J25 of the M1

Location

48 Broughton Drive, Nottingham, Nottinghamshire, NG8 1DW

Tenure

Freehold; verify title, lease terms, rights, covenants, easements and special conditions in the legal pack.

Development / Planning

Scope for conversion of attic for further accommodation (STP) An opportunity to acquire a freehold semi-detached two-bedroom bungalow located in the sought-after location of Wollaton Scope for conversion of attic for further accommodation (STP) Potential future scope for development of garden (STP)

Auction Information

Investment Analysis

Investment Snapshot

Market Comparables

The auction particulars are the primary factual source for this sheet. HB value screens are desktop estimates only. Before bidding, verify recent Land Registry sales or specialist commercial/land transactions matching the same micro-location, tenure, size, condition and use.

Proposed Works

Source condition indicators: In need of a full refurbishment throughout. HB desktop allowance: £52,000. Confirm scope through inspection, survey and contractor/QS pricing.

Rental Value

No passing/ERV figure extracted from source particulars. No unsupported market rent has been presented as achieved income.

Low / Base / High Investment Scenario

BTL Analysis

Obtain genuine local rental comparables before relying on a BTL appraisal; no achieved rent is invented here.

BRRR Analysis

At the HB base value screen of £245,000, a 75% refinance is approximately £183,750 before lender criteria. Compare against the full project cost, not guide price alone.

Flip Analysis

Base value screen less guide, HB works allowance and buyer premium leaves approximately £16,200 before SDLT, legal, finance, holding, professional, selling costs and tax. This is not net profit.

Maximum Bid Indicator

Deduct works, buyer premium, legal/professional fees, finance, holding, contingency, selling costs and required profit/return from a verified end value. SDLT is buyer-specific and excluded from this desktop screen.

Strategy Recommendation

BTL, BRRR or refurbishment/resale depending on verified rent, end value, survey and legal-pack findings.

Strategy Rating

BTL: ★★★☆☆ | BRRR: ★★★☆☆ | Flip: ★★★☆☆

Key Risks

In need of a full refurbishment throughout; Planning/consent conditions and implementation status; Legal-pack special conditions and seller fees; Physical condition and valuation/finance risk.

Analysis Confidence

High for facts directly reproduced from the Auction Estates particulars; medium/low for HB desktop works/value assumptions until direct comparable research, inspection, survey, legal-pack review and contractor/QS pricing are completed.