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See how verdicts work1-bedroom flat · NG1 1QF
For saleReduced £10k (−7.7%) on 26 AugListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment only This one bedroomed apartment is situated in Nottingham city centre and is sold with a tenant in situ paying £850 pcm till May 2027.
The property has an open plan lounge and kitchen area. The kitchen has a modern kitchen with built in appliances.
The double bedroom is situated down the hall near the bathroom which has a three piece suite with shower.
The building consists of 120 apartments within the complex and has a court yard area and security intercom. The apartment has electric heating and original style sash windows.
The apartment is set within the popular vibrant Lace Market area with an abundance of independent bars, shops and eateries.
The tram and train station are within walking distance making commuting easy and convenient.
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
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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
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FAQ
About Apt 26 Weekday Cross Building,, Pilcher Gate, Nottinghamshire
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