We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work5-bedroom house · NG1 1JT
For saleReduced £100k (−9.1%) on 25 SepListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Exceptional Multi-Level Home with Lift Access & Double Garage in Nottingham’s Lace Market Positioned on a quiet and discreet road within Nottingham's historic Lace Market, Kirk House presents an exceptionally rare opportunity to acquire a substantial multi-level home that blends heritage architecture with high-end contemporary living.
Tucked away from the main streets yet moments from the city centre, this beautifully finished residence sits within an imposing period building, offering a level of privacy, character and convenience unmatched in this part of Nottingham.
Arranged over several floors and served by an internal lift from the ground floor upwards, the property has been designed and maintained to an exceptional standard throughout.
The main living and dining area is an impressive open-plan space featuring exposed beams, vaulted ceilings and large windows that flood the room with natural light.
Solid oak flooring and high-quality finishes create a warm yet refined atmosphere ideal for both everyday living and entertaining.
The adjoining kitchen is superbly appointed, offering extensive storage, premium worktops and integrated appliances.
Its thoughtful layout and generous proportions make it a highly functional and sociable space.
Throughout the property, a beautifully crafted solid oak staircase provides an architectural feature that reinforces the building's quality and distinctive character.
Across the various floors, the accommodation offers spacious bedrooms, well-designed bathrooms and flexible additional rooms that can be used as offices, dressing rooms or guest spaces.
The proportions throughout are excellent, and the overall layout provides versatility for a wide range of lifestyles.
The property also benefits from a private terrace with elevated views, creating a rare outdoor retreat in a city-centre conservation area.
One of the most valuable features of Kirk House is its secure double garage, large enough to accommodate two substantial vehicles such as a pair of Range Rovers.
Parking of this scale is exceptionally rare within the Lace Market and significantly enhances the practicality and desirability of the home.
Kirk House is currently tenanted but will be offered with vacant possession on completion, presenting an opportunity for both private buyers and investors wishing to place their own stamp on an exceptional property.
Its position within the Lace Market conservation area places it amongst some of Nottingham's finest heritage buildings, once central to the city's global lace industry and now home to creative businesses, independent restaurants, boutique bars and cultural spaces.
This is a unique and substantial residence offering style, space and a superb location.
Properties of this calibre, with lift access, private garaging and such high-quality finishes, are seldom available. An early viewing is strongly recommended.
These sales particulars have been prepared by FHP Living on the instruction of the vendor.
Services, equipment and fittings mentioned in these particulars have not been tested, and as such, no warranties can be given.
Prospective purchasers are advised to make their own enquiries regarding such matters. These sales particulars are produced in good faith and are not intended to form part of a contract.
Whilst FHP Living have taken care in obtaining internal measurements, they should only be regarded as approximate.
Purchaser information - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, FHP Living require any successful purchasers proceeding with a purchase to provide two forms of identification i.e.
Passport or photocard driving license and a recent utility bill. This evidence will be required prior to FHP Living instructing solicitors in the purchase or the sale of a property.
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
.jpeg)
FAQ
About Kirk House, 27, Ristes Place, Nottingham
Explore nearby