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See how verdicts work1-bedroom flat · NG2 3UR
Listing removedListed 450 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptional opportunity to invest in The Laceworks, a fully operational, purpose-built student accommodation (PBSA) development in the heart of Nottingham.
The building has 222 high-specification studio apartments and is ideally located just a short distance from Nottingham Trent University and the University of Nottingham.
This modern design studio accommodation comprises a private en-suite shower room, bespoke kitchens with modern appliances, distinct sleeping, living, and study zones.
The tenant gets high-speed Wi-Fi, all utilities (water, heating, electricity) included in their rental.
The property is being sold with the tenant in situ, generating an annual rental income of £11,336. The property is fully compliant for the rental market. Service charge £2,563.55, Leasehold £350.
The building has unrivalled amenities such as a “hotel-style” reception area, on-site gym, private dining room, communal kitchen, games zones, and coffee-lounge style social areas.
As well as a parcel delivery room, secure cycle storage, laundry facilities, 24/7 security with CCTV, secure access gates, alarm systems, and night officers.
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 Queens Road, Nottingham, NG2
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