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See how verdicts work2-bedroom flat · NG1 1JL
Listing removedListed 328 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Robins Estates are delighted to present this beautifully appointed two-bedroom apartment, located within the iconic Mills Building – one of The Lace Market's most prestigious period conversions.
Combining historic charm with contemporary living, this elegant property is filled with natural light and character features throughout, offering a unique opportunity to own a part of Nottingham’s rich heritage.
Set in the heart of the vibrant Lace Market district, this apartment is ideally suited to investors, professional couples, or first-time buyers seeking stylish city living in a prime location.
Property Overview Accessed via a private entrance lobby, this charming apartment enjoys an impressive welcome with original stone staircase and lift access, setting the tone for the character and quality found throughout.
The property also benefits from one allocated parking space—a rare and valuable asset in this central location.
In Brief, the Accommodation Comprises: Entrance Hall A welcoming space featuring stylish laminate wood flooring, radiator, ceiling light point, and contemporary chrome wall fittings.
Open Plan Kitchen & Lounge A bright and spacious open-plan living area boasting high ceilings and three original sash windows with secondary glazing and Venetian blinds, allowing for plenty of natural light.
Complete with laminate wood flooring, TV and telephone points, and a wall-mounted intercom entry system, this room perfectly blends comfort and practicality.
The kitchen is fitted with cedar wood-style units, rolled edge work surfaces, under-unit lighting, and a stainless steel splashback.
Integrated appliances include a fridge/freezer, dishwasher, built-in oven with four-ring gas hob and extractor hood, plus plumbing for a washing machine.
Finished with feature ceiling light points and chrome wall fittings.
Bedroom One A well-proportioned double bedroom with sash window, built-in wardrobe, radiator, ceiling light point with chrome wall fittings, and a concealed Worcester gas-fired combination boiler.
Bedroom Two Another good-sized double bedroom, also with a sash window, radiator, and stylish chrome light fittings.
Bathroom Contemporary and fully tiled, the bathroom features a large walk-in shower with glass screen and recessed spotlights, chrome heated towel rail, tiled flooring, pedestal wash basin with mixer tap and tiled shelf above, and a low-level WC.
Outside The apartment enjoys direct access to a charming communal courtyard, conveniently accessed via the communal landing—perfect for relaxing or socialising in a peaceful outdoor setting.
Tenure Leasehold 999 year lease from 29/9/1999 Service Charge £4109.00 Ground Rent Council Tax Band D 2025/26 £1894.54 Agents Disclaimer: Robins Estates, their clients, and employees 1: Are not authorized to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of 2: Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assume that the property has all necessary planning, building regulation or other consents and Robins Estates have not tested any services, equipment or facilities.
Purchasers must make further investigations and inspections before entering into any agreement.
Purchaser information - The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017(MLR 2017) came into force on 26 June 2017.
Robins Estates require successful purchasers proceeding with a property to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill or bank statement.
We are also required to obtain proof of funds and provide evidence of where the fund originated from.
This evidence will be required prior to Robins Estates removing a property from the market and instructing solicitors for your purchase.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About Plumptre Street, Nottingham, NG1
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