1-bedroom flat · NG1 7HD
To rentListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AVAILABLE NOW is a spacious Modern 2nd floor One Bedroom Apartment (Heathcote House) , in the Centre of Nottingham. Short walk to the train station.
General Information - AVAILABLE NOW is a spacious Modern 2nd floor One Bedroom Apartment (Heathcote House) , in the Centre of Nottingham. Short walk to the train station.
The property in brief comprises; an open plan lounge & Kitchen. The kitchen has ample wall and base units, built in electric oven and electric hob with extractor over.
Sink with drainer and mixer tap, the kitchen comes complete with washing machine and Fridge Freezer.
There is a spacious double bedroom and bathroom complete with low level WC, pedestal wash basin, paneled bath with mains fed shower unit. The property benefits from electric heating.
Secure Gated Parking available. Accommodation - Entrance Hallway - Entrance via wooden framed front door, access to the apartment.
Open Plan Lounge Kitchen - Modern fitted kitchen with base and wall units, work top, stainless steel sink unit, integrated oven, hob and extractor above, vinyl flooring, complete with washing machine & Fridge Freezer.
Bedroom One - Double bedroom with fitted carpet.
Bathroom - Bathroom with three piece suite comprising of panelled bath with shower above and shower screen, Pedestal hand wash basin, WC, part tiled walls, vinyl flooring.
Parking - Gated secure parking available. Specific Requirements - The property is let unfurnished. No Smokers. Available Now.
Property Reservation Fee - One week holding deposit to be taken at the point of application, this will then be put towards your deposit on the day you move in. NO APPLICATION FEES!
Deposit - 5 Weeks Rent, Additional Information - Rent: £800 pcm Holding Deposit: £184 (1 Week taken on application) Security Deposit: £923 (5 Weeks) Council Tax Band: B – Nottingham City Parking: Secure Gated Parking Electricity supply: MAINS – Water supply: MAINS - Severn Trent Sewerage: MAINS Heating: Electric panel heaters Broadband type: BT Openreach, please check Ofcom website.
Viewing - Strictly by appointment through Scargill Mann & Co - Derby office .
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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
FAQ
About Canal Street, Nottingham
Explore nearby
