2-bedroom flat · NG1 1QR
For saleListed 397 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment opportunity to purchase a very well presented two double bedroom spacious apartment within sought after development of One Fletcher Gate located in the heart of The Lace Market.
The apartment is tastefully furnished and benefits from laminate flooring and overlooks Fletcher Gate.
Entrance hall leads through into an open plan living, dining and kitchen area with integrated appliances (including fridge-freezer and dishwasher).
The master bedroom is carpeted and includes a double bed along with fitted wardrobes and en-suite shower room.
Second good size double bedroom and family bathroom with shower over bath complete the apartment.
The property is popular for renters looking for a home in a very well kept development in the heart of the city.
The Fletcher Gate development is located close to all amenities, within walking distance to Nottingham Train Station and the tram service.
Tenanted until July 2026 at a monthly rent of £1150pcm giving an estimated gross yield of 7.9% The property is offered with parking for one car within the gated underground car park for the development.
Council: Nottingham City Council Council tax band: D EPC rating: C Tenure: Leashold Service Charges: £2712.26pa Ground Rent: £250.00pa Lease Length: 9th December 2004 expiring 31st December 2128 Please note all above figures have been provided by the seller- we would strongly advise these points are checked via a conveyancing solicitor.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
FAQ
About One Fletcher Gate, Adams Walk, Nottingham, Nottinghamshire, NG1 1QR
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