1-bedroom house · NG1 1QR
For saleListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Asking Price £165,000. We are delighted to bring to market this rare opportunity located in the heart of Nottingham's historic Lace Market.
This spacious, duplex, apartment benefits from an abundance of natural light and open plan living.
Briefly, the space offers one bedroom and en suite on the first floor and an open plan kitchen/living/dining room to the ground floor along with a WC.
This property provides the perfect opportunity for anybody looking for luxury city centre living or a perfect investment with the apartment currently let for £900pcm. Call now to view!
Hallway 1.87m (6'2) x 1.14m (3'9) Entrance door to communal hallway, wall mounted electric radiator and W/C. W/C .89m (2'11) x 2.06m (6'9) Fitted with wash basin and W/C.
Kitchen/Dining/Reception Room 7.1m (23'4) x 4m (13'1) Fitted with a matching range of base and eye level units with worktop space over, 1+1/2 bowl stainless steel sink with mixer tap, integrated fridge/freezer, dishwasher and washer/dryer, fitted electric fan assisted oven, four ring ceramic hob with extractor hood over, three double glazed windows to the front and two wall mounted electric heater.
Bedroom 4.62m (15'2) x 4.05m (13'3) Fitted storage cupboard, access to communal hallway and three double glazed windows to the front.
En-suite 1.71m (5'7) x 2.16m (7'1) Fitted with a three piece suite comprising of bath with shower over, wash basin, W/C, heated towel rail and tiling to walls.
Lease Information Lease: 102 years remaining Service Charge: £2400 pa Ground Rent: £250 pa Disclaimer Walton & Allen, their clients and any joint agents give notice that 1: They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and Walton & Allen s have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise. Free Mortgage Advice Walton & Allen offer free initial mortgage advice.
We help you compare the whole of the mortgage market to find one of the best deals for you. Find out how much you could borrow and how much money you could potentially save.
Call or respond to this advert. *A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
Think carefully before securing other debts against your home. * Viewing 24hrs Notice To arrange a viewing on this property please contact our Sales Team at Walton & Allen on Nottingham .
Please note 24hrs notice is usually required on this property.
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 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
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FAQ
About Number One Fletcher Gate, NG1
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