2-bedroom flat · NG1 1QF
For saleReduced £10k (−11.1%) on 11 SepListed 187 days
Opportunity summary
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About
Guide price £140,000-£150,000.
Situated on the third floor of this popular and centrally positioned development situated in the heart of the Lace Market with an array of amenities on the doorstep, this two bedroom apartment is being offered with no onward chain and makes for an ideal first time purchase or investment opportunity.
The accommodation comprises of an entrance hall leading to a spacious open plan living/dining/kitchen, two double bedrooms (master with en-suite and fitted wardrobes) and a bathroom.
The property also benefits from an allocated, gated parking space. Guide price £140,000-£150,000.
Situated on the third floor of this popular and centrally positioned development situated in the heart of the Lace Market with an array of amenities on the doorstep, this two bedroom apartment is being offered with no onward chain and makes for an ideal first time purchase or investment opportunity.
The accommodation comprises of an entrance hall leading to a spacious open plan living/dining/kitchen, two double bedrooms (master with en-suite and fitted wardrobes) and a bathroom.
The property also benefits from an allocated, gated parking space.
Hallway 16' 5" x 3' 3" (5m x 0.99m) With wood effect laminate flooring, intercom system, wall mounted electric radiator, airing cupboard (housing a new hot water cylinder replaced in January 2026) and fitted ceiling spotlights.
Open plan living/dining/kitchen 25' 8" x 11' 5" (7.82m x 3.48m) The living area has wood effect laminate flooring, double glazed window to the front elevation, wall mounted radiator, two ceiling lights and two wall lights.
The fitted kitchen has a range of high and low level units with a rolled edge worktop over incorporating a stainless steel sink and drainer, integrated electric oven, inset hob and extractor hood over, integrated fridge, freezer, dishwasher and washing machine, vinyl flooring and fitted ceiling spotlights.
Master bedroom 12' 5" x 8' 11" (3.78m x 2.72m) With wood effect laminate flooring, a range of fitted wardrobes, double glazed window to the rear elevation, wall mounted electric radiator and ceiling light.
En-suite Comprising of a shower enclosure with a mains fed mixer bar shower, low flush w.c., pedestal wash hand basin, vinyl flooring, chrome heated towel rail, opaque double glazed window to the rear elevation and fitted ceiling spotlights.
Bedroom two 10' 9" x 8' 11" (3.28m x 2.72m) With wood effect laminate flooring, double glazed window to the rear elevation, wall mounted electric radiator and ceiling light.
Bathroom Comprising of a panelled bath with shower attachment over, low flush w.c., pedestal wash hand basin, vinyl flooring, chrome heated towel rail and fitted ceiling spotlights.
External The property benefits from a gated, allocated parking space.
Value & comps
No previous sales on record.
Returns
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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 313, Weekday Cross Building, The Lace Market, Nottingham
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