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See how verdicts work2-bedroom flat · NG1 1QR
For saleListed 319 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £175,000 - £185,000.
We are delighted to offer this extremely spacious corner apartment which is located in a superb city centre location and has accommodation briefly comprising open plan kitchen/dining/reception, two double bedrooms, ensuite and bathroom with a private balcony.
The property benefits from an allocated parking space, an on site concierge, lift, entryphone and is offered to the market with no onward chain.
This property has the potential to let for £1500pm generating a gross yield of 10%. Call now to view!
Hallway Entrance Door to Communal Hallway, Storage/Airing Cupboard, door to Jack and Jill En Suite Shower Room. Living Room Open Plan Living Room with space for Lounge and Dining areas.
Floor to ceiling double glazed windows to front and side, open to Kitchen area. Kitchen Fitted with a matching range of base and eye level units with worktop space over.
Integrated appliances include; fridge/freezer, dishwasher and washing machine, fitted electric fan assisted oven, four ring hob with extractor hood over, breakfast bar, sink with mixer tap, double glazed window to side.
Bedroom 1 Double Bedroom with fitted wardrobe, access to En Suite, double glazed window to side.
En Suite Shower Room Fitted with a three piece bathroom suite comprising; Shower over, wash basin and W.C. Towel radiator, extractor fan, tiled splash backs, double glazed window to side.
Bedroom 2 Double Bedroom. Bathroom Fitted with a suite comprising; Bath over Shower, wash basin and W.C. Towel radiator, extractor fan, tiled splash backs.
Fletcher Gate Situated on the first floor, in the Lace Market, in the heart of Nottingham City Centre, Fletcher Gate has secure fob entry a Concierge Service and underground Parking.
Lease Information Lease Length: 107 years remaining Service Charge: £2712.56 Ground Rent: £250 Selective Licensing Please check to find out if this property is within the Nottingham Selective Licensing area at Disclaimer Walton & Allen, their clients and any joint agents give notice that 1: They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and Walton & Allen s have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise.
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
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FAQ
About One Fletcher Gate, Nottingham City Centre, NG1
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