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See how verdicts work3-bedroom flat · NG1 1JU
For saleReduced £95k (−33.9%) on 26 OctListed 508 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic investment opportunity to acquire a large three double bedroom apartment spread over 1000sq ft in the heart of Nottingham's Lace Market.
Large open plan lounge and kitchen/diner provide a great living space.
Kitchen is fully fitted with integrated appliances along with an island unit for extra worktop space which can also be used as a breakfast bar.
In addition, the apartment comprises of three spacious double bedrooms.
En-suite bathroom to the master bedroom and a further large main bathroom with shower over bath with 'Jack and Jill' access-style doors.
Secure parking behind electric gates for one car is offered with this property. Currently Tenanted from August 2024 at a rent of £1750pcm.
The Tenants having recently renewed their Tenancy, with the monthly rent rising to £1950pcm from August 2025, giving an estimated gross yield of 8.4% Viewing highly recommended.
Council Tax band: C EPC rating: B Tenure: Leasehold Service Charges: £3,348.58 Ground Rent: £NIL Lease Length: 999 years from 24th June 1999 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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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.
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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 21 Barker Gate, Nottingham NG1 1JU
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