1-bedroom flat · NG1 1GH
For saleListed 41 days
Opportunity summary
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About
Flat 63, the habitat, woolpack lane, nottingham, NG1 1GH Asking Price: £90,000 – cash buyers only chainfree – sold as seen EWS1 Rating: B2 (Unmortgageable) Lease Remaining: 976 Years Headline Summary A welllocated onebedroom apartment in The Habitat, offered chainfree, sold as seen, and available exclusively to cash buyers due to the building’s EWS1 B2 rating.
The property benefits from a long lease of 976 years, secure building access and a modern openplan layout. Ideal for investors seeking a competitively priced citycentre opportunity.
Key Features Cash buyers only chainfree sold as seen EWS1 Certificate – B2 Rating (unmortgageable) 976 years remaining on the lease Onebedroom apartment Openplan lounge/kitchen Double bedroom Bathroom with threepiece suite Secure entry system Lift access Popular Lace Market / Hockley location Strong rental demand area Room Dimensions (Approximate and for guidance only) Lounge/Kitchen: 4.8m x 3.4m Bedroom: 3.2m x 2.9m Bathroom: 2.1m x 1.9m Property Description Reeds Rains are pleased to present Flat 63, The Habitat, a wellproportioned onebedroom apartment situated in the heart of Nottingham’s Lace Market district.
This property is offered chainfree and sold as seen, providing a straightforward and attractive opportunity for cash buyers.
The apartment features an openplan living and kitchen area, a double bedroom, and a bathroom with a modern threepiece suite.
The building benefits from secure fob entry, lift access and a communal courtyard area. With 976 years remaining on the lease, the property offers longterm stability for investors.
Please note: An EWS1 certificate is available, but the building currently holds a B2 rating, meaning the property is not suitable for mortgage lending.
As such, the sale is restricted to cash buyers only. This apartment represents an excellent opportunity for investors seeking a competitively priced citycentre property with strong rental demand.
Lease & Financial Information Lease length: 976 years remaining Ground rent: Tbc Service charge: Tbc Council Tax: Band to be confirmed Tenure & Disclaimer Tenure: Leasehold Disclaimer: All services/appliances have not and will not be tested.
Arrange a Viewing Flat 63 is available now and offers excellent value for central Nottingham living. Viewings can be arranged immediately for cash buyers only.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
NOT260045/8 Deatils Flat 63, the habitat, woolpack lane, nottingham, NG1 1GH Asking Price: £90,000 – cash buyers only chainfree – sold as seen EWS1 Rating: B2 (Unmortgageable) Lease Remaining: 976 Years Headline Summary A welllocated onebedroom apartment in The Habitat, offered chainfree, sold as seen, and available exclusively to cash buyers due to the building’s EWS1 B2 rating.
The property benefits from a long lease of 976 years, secure building access and a modern openplan layout. Ideal for investors seeking a competitively priced citycentre opportunity.
Key Features Cash buyers only chainfree sold as seen EWS1 Certificate – B2 Rating (unmortgageable) 976 years remaining on the lease Onebedroom apartment Openplan lounge/kitchen Double bedroom Bathroom with threepiece suite Secure entry system Lift access Popular Lace Market / Hockley location Strong rental demand area Room Dimensions (Approximate and for guidance only) Lounge/Kitchen: 4.8m x 3.4m Bedroom: 3.2m x (truncated)
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat 63, The Habitat,, Woolpack Lane, Nottinghamshire
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