1-bedroom flat · NG1 1HS
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stylish One-Bedroom Apartment with Secure Underground Parking in Nottingham’s Lace Market Kings Court, Commerce Square, Nottingham, NG1 1HS Offers Over £120,000 A fantastic opportunity to acquire a stylish one-bedroom apartment in the heart of Nottingham’s historic and highly sought-after Lace Market, complete with secure allocated underground parking Set within an attractive period conversion, this well-presented apartment combines character and contemporary city living.
With lift access, an impressive communal atrium and a tenant currently in situ , the property is particularly appealing to investors, while also offering an excellent city-centre home for owner-occupiers.
Key Features One-bedroom apartment Secure allocated underground parking Prime Lace Market location Tenant currently in situ 965 years remaining on the lease Chain free Period conversion with character features Bright open-plan living and kitchen area Kitchen with breakfast bar Double bedroom with fitted wardrobes Stylish bathroom with freestanding bath Lift access Attractive communal areas and central atrium Excellent tram and rail connections Walking distance to Nottingham city centre Offers Over £120,000 Ground Rent & Service Charge: £836.42 per quarter PropertyStep inside to a bright and inviting open-plan living space, providing a versatile area for relaxing, dining and entertaining.
The fitted kitchen benefits from a practical breakfast bar, creating a natural separation between the kitchen and living areas while maintaining the apartment’s open and spacious feel.
The generous double bedroom features fitted wardrobes , providing excellent built-in storage, while the contemporary bathroom is a particular highlight, incorporating a freestanding bath for a stylish and luxurious finish.
The apartment forms part of a characterful period development and benefits from lift access, secure underground parking and well-maintained communal areas An impressive central atrium and resident post room further enhance the development.
The Lace MarketThe location is a major attraction.
Situated in the heart of Nottingham’s historic Lace Market conservation area , the apartment is surrounded by an exceptional choice of independent cafés, restaurants, bars and boutique shops.
Many of Nottingham’s most popular attractions are right on the doorstep, including the National Justice Museum, Nottingham Contemporary, City of Caves and historic St Mary’s Church The vibrant High Pavement area is also close by, offering an excellent selection of restaurants and places to enjoy Nottingham’s thriving social scene.
Transport & ConnectivityFor commuters and city professionals, the apartment is ideally positioned for Nottingham’s excellent transport network.
Lace Market Tram Stop is just a short walk away , providing convenient connections across Nottingham, including Nottingham Station, Beeston, Clifton and Hucknall.
Nottingham Railway Station is also easily accessible and provides regular services to a range of destinations, including London St Pancras, Leicester, Derby and Sheffield Nottingham city centre itself is within easy walking distance, making this an ideal base for enjoying everything the city has to offer without relying on a car.
Investment OpportunityWith a tenant already in situ , secure parking and a highly sought-after city-centre location, this property could make an attractive addition to an investment portfolio.
Equally, for a first-time buyer or professional looking for a stylish home in the heart of Nottingham, the apartment offers an appealing combination of convenience, character and modern living.
Offered at Offers Over £120,000, this is an opportunity to acquire a well-presented one-bedroom apartment with secure underground parking in one of Nottingham’s most popular city-centre locations.
Early viewing is highly recommended. EPC rating: C.
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 advisors 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 Commerce Square, 18 Kings Court, Nottingham
Explore nearby