2-bedroom flat · NG1 1HS
For saleReduced £10k (−5.9%) on 12 AugListed 104 days
Opportunity summary
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About
Guide price £170,000 - £180,000 spacious city centre apartment with no upward chain... This fourth-floor, two-bedroom duplex apartment, offering approximately 1,010 sq. Ft.
Of accommodation, is situated within a Grade II listed building in the highly sought-after Lace Market area of Nottingham City Centre.
Offered to the market with no upward chain, the property also boasts impressive views.
With its close proximity to bars, restaurants, shops, Nottingham Station, and excellent public transport links, this home offers a lifestyle of convenience and accessibility.
The accommodation comprises an entrance hall leading to an open-plan living space with a modern fitted kitchen and a separate W/C, perfect for both entertaining and everyday living.
The lower floor hosts two bedrooms, both serviced by a five-piece bathroom suite.
Externally, the property benefits from a dedicated underground parking space, accessed via a car lift, with parking provided on a payable basis within the service charge, offering added convenience in this central location.
Must be viewed!
EPC Rating: C Entrance Hall (4.14m x 2.24m) The hallway has laminate flooring and provides access into the accommodation Lounge Diner (5.72m x 5.24m) The lounge diner has laminate flooring, a TV point, AV and projector ready.
Space for a dining table, a wall-mounted room heater, and two single-glazed wooden sash windows.
Kitchen (2.85m x 2.94m) The kitchen has fitted base and wall units with fitted countertops, a stainless steel sink and a half with a mixer tap and a drainer, an integrated oven with an electric induction hob and extractor fan, a freestanding dishwasher & washing machine, partially tiled walls, recessed spotlights and laminate flooring.
WC (1.48m x 1.30m) This space has a low level flush WC, a wash basin with mixer taps, partially tiled walls, tiled flooring and an extractor fan.
Stair Hall (2.38m x 0.88m) Hallway (5.64m x 1.14m) The hallway has laminate flooring, recessed spotlights, an in-built cupboard and provides access to the lower ground floor accommodation.
Cupboard (2.95m x 0.89m) Master Bedroom (6.07m x 2.97m) The main bedroom has laminate flooring, fitted floor to ceiling wardrobes with mirrored sliding doors, a wall-mounted heater, recessed spotlights and a single-glazed wooden sash window.
Bedroom Two (3.28m x 2.11m) The second bedroom has carpeted flooring, a wall-mounted heater and a single-glazed wooden sash window.
Bathroom (2.92m x 2.82m) The bathroom a low level flush WC, a bidet, a wash basin with a stainless steel mixer tap, a panelled bath, a shower enclosure with a wall mounted shower fixture, fully tiled walls, a heated towel rail, recessed spotlights, an extractor fan, vinyl flooring and an in-built cupboard.
Additional Information Broadband Speed - 1000Mpbs (Hyperoptic Full Fibre) | Phone Signal – Mostly Good 4G / 5G coverage | Electricity – Mains Supply | Water – Mains Supply | Heating – Electric Heaters – Connected to Mains Supply | Sewage – Mains Supply | Flood Risk – No flooding in the past 5 years+ | Flood Risk Area - No| Construction – Brick | Mining Area – Located on a coalfield.
No further mining report is currently required for this property according to Mining Remediation Authority records.
| Accessibility – No | Other Material / Safety Issues – Vendor has made us aware of unsafe cladding | Any Legal Restrictions – Grade II Listed Building| Council Tax Band Rating - Nottingham City Council - Band D | Tenure: Leasehold | Leasehold Information Property Tenure is Leasehold Service Charge in the year marketing commenced (£pa): £5161.48 Car Park in the year marketing commenced (£pa): £375.36 Gates In the year marketing commenced (£pa): £42.60 Property Tenure is Leasehold.
Term: 999 years from 24th June 1992 Term remaining 965 years. The information regarding service charges has been obtained from the vendor.
HoldenCopley have checked the most recent statement for the service charge and have obtained the lease length via the Land registry.
HoldenCopley offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase.
The information will be confirmed by your solicitor via the management pack and Landlord pack where applicable.
We strongly recommended that you contact your solicitor before entering into negotiations to confirm the accuracy of information.
Disclaimer Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities.
Purchasers must make further investigations and inspections before entering into any agreement. Parking - Allocated Parking Underground allocated parking.
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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