Studio flat · NG1 3AF
To rentListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Welcome to this bright and modern studio flat, perfectly positioned in the heart of Hockley’s vibrant city centre.
This well-presented property is ideal for anyone looking to enjoy the convenience of city living, with a fantastic range of local shops, amenities and eateries just moments from your doorstep.
The studio comes ready for you to move in from November, and all utility bills and internet are included in the rent (electricity subject to a fair usage cap), making budgeting simple.
The flat offers a comfortable open-plan living space with contemporary fittings and a clean, neutral décor, giving you a blank canvas to make your own.
There is also a handy on-site communal laundry (payable at the machine), so you can say goodbye to trips to the laundrette. The monthly rent is £740, with a one month’s rent deposit required.
Council tax (if applicable) is payable by the tenant. For those who want a closer look, a walk around video tour is available on request.
This is a great opportunity to secure a stylish and affordable city centre pad. Reference: G04FA. Get in touch now to arrange a viewing or to find out more.
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.
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 advisors 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
Agent & docs
FAQ
About G04 Felix Apts, 21 Heathcote Street, Nottingham, Nottingham
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