We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work59-bedroom flat · NG1 1GD
For saleListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nottingham legend, lower parliament street, nottingham, NG1 1GD - pbsa 59 bedrooms An exceptional opportunity to acquire a prominent city centre development in one of the East Midlands' most dynamic and fast-growing urban locations.
Located on the highly visible Lower Parliament Street, Nottingham Legend occupies a strategic position within Nottingham City Centre, benefiting from immediate access to the city's retail, leisure, commercial and transport infrastructure.
The property sits within walking distance of Nottingham Railway Station, Nottingham Trent University, the Lace Market, Hockley and the city's principal business districts.
Once built, the scheme provides investors with the opportunity to secure an asset within a city experiencing sustained population growth, significant inward investment and strong demand across multiple property sectors.
Nottingham continues to attract major employers, students and residents, underpinned by two universities, a diverse economic base and excellent connectivity via the M1 motorway, East Midlands Airport and national rail services.
The development has been designed to maximise the site's potential whilst complementing the surrounding cityscape, creating a landmark destination within one of Nottingham's most established locations.
Investment Highlights • Prime Nottingham City Centre location • Landmark development on Lower Parliament Street • Offered on a build-complete basis • Excellent connectivity and transport links • Positioned within a high-demand regeneration area • 59 total bedrooms - pbsa • Suitable for investors seeking a high-quality city centre asset Further information, development details, financial information and data room access are available upon request.
Planning ref 24/01783/PFUL3
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
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 advisers 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
.png){kind=logo}
FAQ
About Nottingham Legend, Lower Parliament Street, Nottingham
Explore nearby
