1-bedroom flat · NG1 1HD
To rentReduced £60 (−7%) on 14 OctListed 49 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to rent this spacious and stylish one double bedroom, first-floor furnished apartment, ideally located within the highly sought after Lace Market area of Nottingham City Centre.
Situated within the Mills Building, this characterful development enjoys an excellent city-centre location, just a short walk from the Motorpoint Arena, Nottingham Station and tram stops, as well as an excellent selection of independent shops, restaurants, cafés and bars.
The Mills Building has been sympathetically restored to retain much of its original character, offering attractive warehouse-style living with high ceilings, large windows and original architectural features.
Open plan living and kitchen area.
Neutrally decorated with wood effect flooring, the living space is furnished Large windows provide plenty of natural light and enhance the excellent feeling of space.
The kitchen features a range of wall and base units with granite effect worktops and a selection of integrated and freestanding appliances, including a dishwasher.
The generous double bedroom is neutrally decorated and furnished with a double bed, bedside table and drawers, with carpeted flooring throughout.
Two large windows provide plenty of natural light, while a built-in double wardrobe offers excellent storage. Completing the accommodation is the modern bathroom, finished in neutral tones.
Offering character, space and an excellent location in the heart of Nottingham, this apartment is ideally suited to a professional individual or couple looking to enjoy everything the city centre has to offer.
EPC Rating: C
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 Plumptre Place, Mills Building Plumptre Place, NG1
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