570 Woodborough Road, Nottingham, NG3 5FH

Description

An opportunity to acquire a freehold mixed-use property comprising ground floor retail unit and a one-bedroom self-contained flat on the upper floor, located in a prominent position on Woodborough Road. Full Planning Permission for conversion to a five-bedroom HMO. An opportunity to acquire a freehold mixed-use property comprising ground floor retail unit and a one-bedroom flat on the upper floor

Accommodation / Key Property Details

• Occupying a prominent position on Woodborough Road
• Full Planning Permission for conversion into a 5-bed HMO An opportunity to acquire a freehold mixed-use property comprising ground floor retail unit and a one-bedroom self-contained flat on the upper floor, located in a prominent position on Woodborough Road. Full Planning Permission for conversion to a five-bedroom HMO.
• Freehold mixed-use property
• Located 1.7 miles North East of Nottingham City Centre
• Excellent transport links to the City Centre & surrounding areas
• Less than 1 mile from the popular Mapperley Top
• Close to a variety of Shops, restaurants, bars and leisure
• On a busy bus route with buses in and out of the city
• Close to Aldi supermarket & a wide range of amenities

Location

570 Woodborough Road, Nottingham, NG3 5FH

Tenure

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

Development / Planning

An opportunity to acquire a freehold mixed-use property comprising ground floor retail unit and a one-bedroom self-contained flat on the upper floor, located in a prominent position on Woodborough Road. Full Planning Permission for conversion to a five-bedroom HMO. An opportunity to acquire a freehold mixed-use property comprising ground floor retail unit and a one-bedroom flat on the upper floor Full Planning Permission for conversion into a 5-bed HMO An opportunity to acquire a freehold mixed-use property comprising ground floor retail unit and a one-bedroom self-contained flat on the upper floor, located in a prominent position on Woodborough Road. Full Planning Permission for conversion to a five-bedroom HMO. Full Planning Permission for conversion into a 5-bed HMO

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

HB desktop allowance: £19,000. 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 £195,000, a 75% refinance is approximately £146,250 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 £14,200 before SDLT, legal, finance, holding, professional, selling costs and tax. This is not net profit.

Specialist HMO Analysis

Confirm lawful planning use, Article 4 position, HMO licensing, minimum room/amenity standards, fire safety and evidenced room rents before purchase.

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

Planning/consent conditions and implementation status; Property is recorded as Sold Prior; 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.