2-bedroom flat · NG1 1QF
Let agreedReduced £50 (−3.8%) on 5 SepListed 73 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2973515. Beautiful fully furnished City centre (Lace Market) two bedroom flat on the 3rd floor.
Open plan living room with a Juliet balcony overlooking a quit common yard (therefore no street noise). Large master bedroom with king's size bed, en-suite and large in-wall wardrobe.
Separate family bathroom. It includes secure allocated underground parking (included in the rent). Dishwasher, washing machine and large fridge/freezer included.
Would suit young professional couple or post-graduate students. Easy access to qmc. Supermarkets, restaurants and bars moments away. Offered at £1300 pcm. Available From 25th of September 2026.
Summary & Exclusions: - Rent Amount: £1,300.00 per month (£300.00 per week) - Deposit / Bond: £1,300.00 - 2 Bedrooms - 2 Bathrooms - Property comes furnished - Available to move in from 25 September 2026 - Maximum number of tenants is 2 - Students welcome to enquire - No Smokers - Bills not included - Property has parking - No Garden Access - EPC Rating: B If calling, please quote reference: 2973515 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
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When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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
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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 Apartment, Weekday Cross Building Pilcher Gate, Nottingham
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