2-bedroom flat · NG2 4RR
For saleListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available now We have a two-bedroom ground floor apartment for sale with the help of shared ownership.
This well designed apartment is located within the sought after Pelham Waterside development on Trent Lane, offering contemporary living in an attractive riverside setting.
The apartment features a thoughtfully planned layout with spacious accommodation throughout, ideal for modern lifestyles.
Positioned at ground floor level, the home benefits from convenient access and a strong connection to its surroundings, making it an excellent choice for first time buyers, downsizers or those seeking a stylish city base close to Nottingham's vibrant waterfront.
Specification Kitchen Fitted modern kitchen Integrated appliances Angled extractor hood Contemporary mixer taps Luxury vinyl flooring Bathroom Porcelanosa white suite with chrome fittings Tiling to ceiling around the bath Shower over bath Glass shower screen Luxury vinyl flooring Heating Gas fired central heating Thermostatic radiator valves Double glazed windows External EV chargers Off-street allocated parking for one car Cycle store Decoration White emulsion walls and ceilings White gloss painted woodwork Council tax banding - C Energy performance - B What is shared ownership?
Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest.
The housing association owns part of it - but you're living there, you decorate it, and you decide when to sell. Buying a percentage means a smaller deposit and smaller mortgage.
It's a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%. The properties are sold on a 990 year shared ownership lease. Who qualifies?
Anyone who does not currently own or part own a property and has a household income of less than £80,000 per year can apply.
How to apply You will need to provide a completed application form, financial assessment, Mortgage in Principal and proof of funds for your application to be complete and accepted.
Please email completed application forms to NCHA. A member of the Sales team will contact you directly once your application has been reviewed.
Your affordability will be assessed based on the information you provide on the application form. NCHA will make an offer based on the amount you can afford, between 10 - 75%.
If your application is successful a non-refundable reservation fee of £350 is required to reserve your new home, this amount goes towards your deposit on completion.
Local information Pelham Waterside enjoys a superb riverside setting on Trent Lane, positioned alongside the River Trent and the area's new pedestrian bridge, creating a strong connection between tranquillity and city living.
The development is ideally placed for enjoying Nottingham's vibrant waterfront, with scenic walking and cycling routes on the doorstep and green open spaces close by.
Nottingham city centre is easily accessible, offering a wide choice of shops, restaurants, cultural attractions and employment opportunities, while excellent transport links make commuting straightforward.
Combining waterside views with modern urban convenience, Pelham Waterside offers a distinctive place to call home in a well connected and evolving part of the city.
Disclaimer Any measurements quoted are approximate and must be checked on site and against the layout which may vary due to unforeseen circumstances. Floor plans may be mirror handed.
Images are displaying typical standard rooms of existing shared ownership properties.
These details have been produced for illustrative purposes only and does not form any part of a contract or constitute and offer. Actual specification may vary from that shown in floor plan.
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
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FAQ
About Bridgewater Close, Nottingham, Nottinghamshire, NG2
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