Flats 1-4, 406 Alfreton Road, Nottingham NG7 5NG

Lot 130 · NG7 5NG · Savills Auctions · East Midlands

£230,000guide price
8.7%gross yield
Residential8.7% gross yield
Flats 1-4, 406 Alfreton Road, Nottingham NG7 5NG
Photo: Savills Auctions catalogue

Pre-bid risk check

Check public-data risks before you chase this lot.

Two signals already stand out. The £19 pack checks them against official sources, then adds planning, licensing, flood, sold-price context and our own repeat-lot history. It is not a legal opinion.

EPC E

This may be rentable, but it leaves little room for future energy-standard changes or lender caution.

medium confidence, Auction listing enrichment

Freehold listed

The listing indicates freehold tenure. Confirm against title and special conditions.

medium confidence, Auction listing

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About this lot

Proof of funds of 10% of the guide price is required to bid on this lot, please see notes below Substantial end of terrace property Four one bedroom self-contained flats Rear yard In need of moderniation Investment part let at £20,120 per annum (3 of 4 flats let)

A substantial end of terrace property.The property is arranged as four one bedroom self-contained flats over three storeys.Externally the property benefits from a rear yard.In need of moderniation.Investment part let at £20,120 per annum (3 of 4 flats let). The property is considered to be underlet and there is potential to increase the income received. Interested parties are to rely on their own enquiries in this regard. Additional information Tenure Freehold. Notes A proof of funds for a minimum of 10% of the guide price is required in order to bid on this lot, to be provided in the form of a recent bank statement (within the last month) or confirmation from an SRA regulated solicitor or chartered accountant, to be emailed to steven.morish@savills.com. Book a viewing View Virtual Tour Contact Contact Now Contact Now Arrange a viewing Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account. Please select a time from the options below All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact. Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly. Viewings are in the process of being…

From the Savills Auctions listing. Read the full listing and legal pack →

Key facts

130Lot number
ResidentialUse class
FreeholdTenure
EEPC
£20K/yrPassing income
2 September 2026Auction date

Recent sold prices nearby

20 registered sales in this postcode sector over the last two years, straight from HM Land Registry. What nearby properties actually sold for — not what they were guided at.

5 WO***** RO**NG7 5QU£150,000
14 BI**** AV****NG7 5AF£120,000
34 BI**** AV****NG7 5AF£137,500

17 more sales with full addresses, sale dates and prices — including any prior sale of this exact lot.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0. Sales typically register 6–12 weeks after completion, so very recent transactions may not yet appear.

Renovation upside in NG7

Evidence from 557 properties in this postcode district that sold twice with material uplift — the signature of value-add work between sales.

+69.4%median uplift
£41,050typical value added
4.7 yearstypical hold period

See 557 example projects — real before/after sale pairs with postcodes, prices and dates. Plus the planning applications that likely explain each uplift.

Derived from 557 registered sale pairs in NG7 where the property gained ≥15% between two arms-length sales (HM Land Registry Price Paid data, OGL v3.0). The planning applications visible above may explain individual uplifts. Past performance is not a guarantee of future returns.

Investor angles

Investment LetNeeds Refurb

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