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    1. Home
    2. Nottingham properties
    3. 3 bed flat for auction in Canal Street, Nottingham NG1
    Full property analysis
    OverviewAboutValue & compsAuctionReturnsDealAreaAgent & docsFAQ

    1 / 5

    No floorplan from the agent

    Apartment 518, Nottingham One Entrance D, Canal Street, Nottingham, Nottinghamshire, NG1 7HT

    3-bedroom flat · NG1 7HT

    Starting price
    £140,000
    Auction: 28-day completionTenanted

    Listing removed · Listed 122 days · Auction 30 Jul · ended

    Tenanted
    Investor metrics
    Sign in to see yield, deal score, rent estimate, and BMV.
    HMO Article 4 Direction AreaArticle 4 Direction Area: Houses in Multiple Occupation · C3 → C4 HMO conversion requires planning permission here

    Opportunity summary

    See Archie’s verdict, returns by strategy and what to check before viewing.

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    About

    The property

    For sale by Auction on 30 July 2026. Fantastic investment opportunity.

    This duplex penthouse apartment features three double bedrooms and is currently let producing an income of £1,800 per calendar month, yielding an impressive 15.42% based on the current guide price.

    It boasts a stunning balcony views from both levels, modern décor throughout, ample built-in storage, off road parking, underfloor heating and a central location.

    The apartment spans two floors, specifically the 5th and 6th floors of this sought-after building.

    The layout includes an entrance hall, two spacious bedrooms — each with a south-facing terrace that overlooks the canal, a contemporary bathroom with a shower over the bath and a large understairs storage cupboard.

    Stairs lead to the upper level, which opens into a breath-taking open-plan kitchen and lounge area, providing fantastic dual aspect views.

    The expansive living space features floor-to-ceiling windows that open onto a generous terrace, offering spectacular views of Nottingham Castle and the Lace Market.

    The master bedroom is also located on the upper floor and includes a modern ensuite shower room along with a dressing area.

    The property is walking distance to Nottingham Train Station, Nottingham Market Square, restaurants, and vibrant city nightlife.

    Also near the Lace Market tram stop, providing quick links across the city.

    Tenure: Leasehold EPC Rating: B Terms: Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

    Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms.

    Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

    Auction Deposit and Fees The following deposits and non- refundable auctioneers fees apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc.

    VAT) There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

    Additional Information For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

    This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

    Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price.

    The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

    Tenanted

    Key information

    Tenure
    Leasehold
    Local authority
    City of Nottingham
    Unitary Authority
    Sign up free to see flood risk and more→

    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.
    Auction

    What is it worth at the hammer?

    Auction intelligence

    Pro

    See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.

    Returns

    What does it return?

    Set an offer; the calculator follows it.

    Rent evidence
    Rental benchmark

    Nearby rental comparables

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    Local SA Market

    We're still gathering serviced-accommodation data for this area.

    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below starting price

    Model

    Run the numbers.

    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    Investment Disclaimer

    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.

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    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    17/100
    Deal score · weighted
    Weak signals — move on

    Factor breakdown
    BMV discountNot calculated on auction lots — a guide price is a starting price, not an asking price.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market122 days · price-fatigue
    17/25
    —
    Seller motivation
    Not scored yet

    Days on market122
    Price reduction—
    STC fall-through—
    Back to market—
    Agency change—
    EPC rating—
    Listing timeline
    Still activeDay 122 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4HMO Article 4 applies

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

    SchoolsLoading
    StationsLoading
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    Location
    More market detail▾
    NG1 · Live market data · flat only
    NG1 aggregates aren't available right now. The full comparables table below still loads — try refreshing in a few minutes.

    Agent & docs

    Move it forward

    Listing agent
    BTG Eddisons Property Auctions, Nationwide logo
    BTG Eddisons Property Auctions, Nationwide
    listed on rightmove
    03456462288
    340 Deansgate, Manchester, M3 4LY
    View on rightmove

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    Planning & investor docs
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    FAQ

    Questions

    About Apartment 518, Nottingham One Entrance D, Canal Street, Nottingham, Nottinghamshire NG1 7HT

    How much is Apartment 518, Nottingham One Entrance D, Canal Street, Nottingham, Nottinghamshire NG1 7HT?
    The starting price is £140,000.
    What kind of property is Apartment 518, Nottingham One Entrance D, Canal Street, Nottingham, Nottinghamshire NG1 7HT?
    A 3-bedroom flat in NG1 7HT.

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