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See how verdicts work2-bedroom flat · NG1 1AN
For saleReduced £5k (−2.8%) on 23 SepListed 342 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £180,000-£190,000 Set within the heart of Nottingham’s historic and sought-after Lace Market district, this stylishly-presented second-floor apartment offers an exceptional opportunity for first-time buyers, investors or professionals seeking a simple commute and easy access to the City’s wonderful amenities, transport links and cultural highlights!
The apartment opens into a welcoming entrance hallway with wood-effect flooring and doors leading off to the further accommodation.
The bright and cosy lounge features a Juliet balcony, allowing fresh air and natural light to enhance the space and with views across the City.
Adjacent, the fitted kitchen features cream wall and base units, wood-finish worktops and integrated appliances including a hob with extractor, oven, dishwasher and a built-in fridge and freezer.
There are two double bedrooms, including a generous rear double bedroom with its own Juliet balcony offering a lovely outlook in addition to an en-suite shower room which is finished with a sleek white three-piece suite, tiling, a rainfall shower and heated towel rail.
The second bedroom is also a good-size and alternatively ideal for guests, sharers or home working.
A modern main bathroom includes a three-piece suite with a panelled bath, pedestal basin and low-level WC.
Completing the offering is secure allocated underground parking, a valuable asset for City Centre living.
The property is superbly located within easy reach of Nottingham’s best cafés, restaurants, bars, music venues and independent shops.
Excellent transport links are moments away - including tram connections to Beeston and The University of Nottingham, Nottingham Bus Station and Nottingham Train Station with direct trains to London.
This is a prime opportunity to secure a stylish, low-maintenance home in one of the city’s most sought-after neighbourhoods.
EPC Rating: C Entrance Hallway (7.66m x 1.14m) Lounge (4.54m x 3.43m) Kitchen (3.07m x 2.49m) Bedroom One (5.82m x 3.07m) En-Suite Shower Room (2.48m x 1.97m) Bedroom Two (4.55m x 2.30m) Bathroom (2.47m x 2.40m) Parking - Allocated Parking Disclaimer These particulars are produced in good faith and are set out as a general guide only.
Please note that all measurements quoted are approximate and are the maximum measurements for the space. Floor plans are for illustrative purposes only. Services have not been tested.
David James Estate Agents have established professional relationships with third-party suppliers for the provision of services to Clients.
As remuneration for this professional relationship, the agent receives referral commission from the third-party company.
David James Estate Agents receives the following commission from each third party supplier on a per referral basis: All Moves UK Ltd: 18% including VAT of the invoice total (£107 including VAT average) MoveWithUs Limited: £188 including VAT (average)
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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FAQ
About Apt 17, Lexington Place, Nottingham
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