2-bedroom flat · NG7 4HR
For saleListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
City Sales are pleased to bring to the market this spacious second floor two double bedroom apartment within the popular development of Portland Square.
The building has undergone intrusive Fire Safety and Cladding inspections with regards to obtaining an EWS1 Certificate, the management company are currently in the process of drawing up a plan of action with regards to works to be done although current timescales are not known.
Portland Square is very well situated with most city destinations easily accessible to both universities and both hospitals in the heart of the Canning Circus area, just minutes from Nottingham's City Centre.
The tramline and Nottingham Trent University are located at the end of Portland Road, as is the Arboretum and five-minute walk will take you to Nottingham's City Centre.
City Sales are pleased to bring to the market this spacious second floor two double bedroom apartment within the popular development of Portland Square.
The building has undergone intrusive Fire Safety and Cladding inspections with regards to obtaining an EWS1 Certificate, the management company are currently in the process of drawing up a plan of action with regards to works to be done although current timescales are not known.
Portland Square is very well situated with most city destinations easily accessible to both universities and both hospitals in the heart of the Canning Circus area, just minutes from Nottingham's City Centre.
The tramline and Nottingham Trent University are located at the end of Portland Road, as is the Arboretum and five-minute walk will take you to Nottingham's City Centre.
Communal Entrance Enter through a secure intercom door with communal hall giving access to the second-floor apartment via internal lift or stairs.
Entrance Hall Entrance door leading into the flat with access to the open plan living/dining/kitchen area, both double bedrooms and the bathroom.
Open Plan Living/Dining/Kitchen Area 20' 11" x 16' 0" (6.4m x 4.9m) With open plan living the kitchen area comprises of a range of wall and base units, roll edged work surfaces with inset stainless-steel sink and mixer tap over, electric oven, four ring gas hob and extractor fan, space and plumbing for both a washing machine and dishwasher and breakfast bar.
The living area has French doors with Juliet style balcony, central heating radiator, ceiling light point and storage cupboard housing the boiler.
Bedroom One 14' 7" x 8' 9" (4.47m x 2.69m) Having a double-glazed window to the rear elevation, ceiling light point and central heating radiator.
Bedroom Two 13' 3" x 8' 3" (4.04m x 2.54m) Having a double-glazed window to the rear elevation, ceiling light point and central heating radiator.
Bathroom 7' 8" x 7' 3" (2.34m x 2.21m) Comprising of a white three-piece suite with bath and overhead shower, low level flush W/C, pedestal wash handbasin and heated towel rail.
Leasehold Information The flat is held on a 999 year lease which commenced on 4 July 2002 (976 years remaining). The ground rent is 1 peppercorn (if demanded).
The service charge for the year commencing 1st April 2025 is £138.36 per month.
Council Tax Band This property is Nottingham City Council Tax Band B which is approximately £2,065.93 per annum for 2025/26. Prospective buyers are advised to check this.
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 Flat 24 Portland Square, Raleigh Street, Nottingham
Explore nearby