2-bedroom flat · NG1 7FE
Let agreedListed 72 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fabulous two bedroom furnished apartment found in this stunning Victorian building.
Exposed brickwork, sash windows and wooden floors throughout, the transformation from Victorian to modern day living is spectacular.
The Gresham is situated in the heart of Nottingham city centre, next to the canal. The building is close to the Broad Marsh bus station, Nottingham Tram terminus and Nottingham Railway Station.
Easy access to both Nottingham's Universities along with Nottingham's Queens Medical Centre. East Midlands Airport is a 50 minute bus ride away and the bus stops outside the railway station.
There is no parking at this development however contract parking is available at local city centre car parks.
Local Council: Nottingham City Council EPC Rating: C Council Tax band: C SUMMARY OF ALL FEES, PAYMENTS AND DEPOSIT BREAKDOWN Please read the relevant section carefully before making an application.
If you are unsure which section applies to you, please speak to a member of our team before proceeding.
Individual Tenancies The following fees apply only where the Tenancy is granted to an individual Tenant as an Assured Periodic Tenancy: Tenant applications - No fee Guarantor charge, if applicable - No fee Home Office Visa Check, if applicable - No fee Holding Deposit, to reserve the Tenancy subject to referencing - 1 week’s rent Tenancy Deposit - up to 5 weeks’ rent Payments in the event of default: Lost keys and/or security devices - The Tenant will be liable to cover the reasonable cost of replacement of these items Late payment of rent - Where rent is at least 14 days overdue, the Tenant will be liable to pay interest on the outstanding rent at a rate of 3% above the Bank of England base rate Other Fees: Variation of Contract, change within the current contract - £50 including VAT, or reasonable costs incurred if higher Assignment of Contract, change of Tenant within the current contract - £50 including VAT, or reasonable costs incurred if higher Novation of Contract, provision of a new contract - £50 including VAT, or reasonable costs incurred if higher Surrender of Tenancy - A Tenant will be required to make a payment for an early termination/surrender of the Tenancy Agreement at the Tenant’s request.
The payment cannot exceed the loss suffered by the Landlord or the reasonable costs incurred by us as the Letting Agent Pets - No additional rent, fee, deposit, insurance requirement or charge will be payable by the Tenant as a condition of obtaining consent to keep a pet.
The Tenant remains responsible for any damage, nuisance, infestation, cleaning or other reasonable loss caused by any pet kept at the property, subject to the terms of the Tenancy Agreement, any applicable tenancy deposit rules and any statutory restrictions Corporate Tenancies The following fees apply only where the Tenancy is granted to a Company and is not an Assured Periodic Tenancy: Company applications - £540 per Tenancy Holding Deposit - determined on application Tenancy Deposit - determined on application Payments in the event of default - determined at the time of the default All fees are inclusive of VAT
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.
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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 The Gresham, Carrington Street NG1 7FE
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