1-bedroom flat · NG1 1AS
For saleReduced £15k (−17.6%) on 1 OctListed 380 days
Opportunity summary
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About
Reeds Rains are now in receipt of an offer for the sum of (£85000) for (Apartment 742, Marco Island, Huntingdon Street, Nottingham, Nottinghamshire, NG1 1AS).
Anyone wishing to place an offer on the property should contact Reeds Rains 36 Upper Parliament Street NG1 2AG before exchange of contracts.
Apartment 742, Marco Island, Nottingham - £85,000 Listed with Reeds Rains Estate Agents A rare opportunity to acquire a corner unit in the iconic Marco Island development - one of the few apartments offering a dedicated one-bedroom layout rather than a studio.
These corner units seldom come to market and are highly sought after for their enhanced privacy, dual-aspect views, and spacious configuration.
Property Features: - Price: £85,000 - Type: Leasehold apartment - Floor: 7th floor corner unit - Size: Approx.
474 sq ft - Bedrooms: 1 double bedroom - Bathrooms: 1 modern bathroom - Living Space: Open-plan kitchen/dining/living area with dual-aspect windows - Kitchen: Integrated oven, hob, dishwasher, washer/dryer - Extras: Electric heating, airing cupboard, tiled splashbacks - Building Amenities: Lift access, 24-hour concierge, secure entry - Council Tax Band: B (Nottingham City Council) - EPC Rating: C - Tenure: Leasehold (150 years from new) - Chain Status: No onward chain Location Highlights: Marco Island is perfectly positioned in the heart of Nottingham city centre, offering immediate access to: - Victoria Centre shopping and leisure - Nottingham Trent University - Lace Market and Hockley’s vibrant nightlife - Excellent transport links including tram and bus routes This apartment is ideal for professionals, students, or investors seeking a prime city location.
With a potential rental yield of 9.3%, it’s a fantastic buy-to-let opportunity, estimated to achieve £850–£900 pcm.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
NOT250058/8 Public Notice Reeds Rains are now in receipt of an offer for the sum of (£85000) for (Apartment 742, Marco Island, Huntingdon Street, Nottingham, Nottinghamshire, NG1 1AS).
Anyone wishing to place an offer on the property should contact Reeds Rains 36 Upper Parliament Street NG1 2AG before exchange of contracts.
Details Apartment 742, Marco Island, Nottingham - £85,000 Listed with Reeds Rains Estate Agents A rare opportunity to acquire a corner unit in the iconic Marco Island development - one of the few apartments offering a dedicated one-bedroom layout rather than a studio.
These corner units seldom come to market and are highly sought after for their enhanced privacy, dual-aspect views, and spacious configuration.
Property Features: - Price: £85,000 - Type: Leasehold apartment - Floor: 7th floor corner unit - Size: Approx.
474 sq ft - Bedrooms: 1 double bedroom - Bathrooms: 1 modern bathroom - Living Space: Open-plan kitchen/dining/living area with dual-aspect windows - Kitchen: Integrated oven, hob, dishwasher, washer/dryer - Extras: Electric heating, airing cupboard, tiled splashbacks - Building Amenities: Lift access, 24-hour concierge, secure entry - Council Tax Band: B (Nottingham City Council) - EPC Rating: C - Tenure: Leasehold (150 years from new) - Chain Status: No onward (truncated)
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.
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About Apartment 742, Marco Island,, Huntingdon Street, Nottinghamshire
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