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See how verdicts work1-bedroom flat · NG1 1QP
For saleListed 543 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Extremely well presented one double bedroom spacious apartment located within the sought after development of One Fletcher Gate, in the heart of The Lace Market.
Entrance hall leads through into an open plan living, dining area.
Adjacent kitchen forms the open plan area with breakfast-bar offering integrated appliances (including fridge-freezer, cooker and dishwasher).
Large windows allowing the daylight to flood in making this a very light and airy apartment in the heart of the city.
To complete the property, one double bedroom with built in wardrobe and storage cupboard. A new, modern shower room with large walk in shower complete the apartment.
The property is turnkey with not only new bathroom, new flooring and blinds. Shown in excellent condition.
The sought after One Fletcher Gate development is located close to all amenities, within walking distance to Nottingham Train Station and the Tram service.
Amenities of all varieties: shops, cafes, restaurants and bars are all in a short walking distance from the development.
This property is highly desirable to rent, in this much sought after development, in the heart of the city centre. Potential rental income £900-950pcm, giving an estimated gross yield of 7.4.% - 7.9%.
Viewing highly recommended.
Council: Nottingham City Council Council tax band: C EPC rating: C Tenure: Leasehold Service Charges: £2189.00 per annum Ground Rent: £250.00 per annum Lease Length: 25th January 2005 to 31st December 2128 - 103 years remaining as of 29/04/2025 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
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
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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 1QP
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