3-bedroom flat · NG3 1GH
To rentListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to rent this stylish 3-bedroom furnished penthouse in the sought-after William Bancroft Building, a converted former cotton mill combining character features with modern city living.
Ideally located just a few minutes' walk from Motorpoint Arena, Hockley and Nottingham city centre, this spacious apartment is perfect for professional sharers or students looking for a central, well-connected home.
Property highlights: - Spacious 3-bedroom furnished penthouse - High ceilings & exposed brickwork - 3 furnished double bedrooms, each with bed, wardrobe, drawers, desk & chair - 2 bathrooms - 1 en-suite + 1 shared - 55" Sony HDTV - Modern fitted kitchen with integrated appliances - Fridge freezer, fan oven, electric hob, dishwasher & washer dryer - Virgin high-speed internet included - Video intercom entry system - Secure gated allocated parking available for £90pcm, subject to availability Bills package available on request.
A UK-based homeowner guarantor is required for all tenants. Interested? Contact us today to arrange a viewing quoting ref 61WBB. Council Tax Band: C Holding Deposit: £100
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.
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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.
Area
Agent & docs

FAQ
About Apartment , William Bancroft Buildings, Roden Street, Nottingham
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