2-bedroom flat · NG1 3AP
Let agreedListed 38 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SPACIOUS 2-BEDROOM CITY CENTRE APARTMENT - BROAD STREET, NOTTINGHAM NG1 Available now - excellent central location I AM Property Management are pleased to offer this two-bedroom apartment on Broad Street, Nottingham, situated right in the heart of the city centre.
The property offers an excellent opportunity for tenants looking for a central Nottingham home at a more affordable rental price, with an incredible range of shops, restaurants, bars, entertainment and attractions all within easy walking distance.
The apartment is situated above a wine bar, so prospective tenants should be aware that there may be some noise associated with the commercial premises below, particularly during its opening hours.
The property itself is also of a more basic and functional standard, rather than being presented as a newly refurbished or high-end apartment.
This is reflected in the rental price and makes it a particularly good option for someone who prioritises location and value for money over a polished finish.
The Property The accommodation provides: Two bedrooms Living accommodation Kitchen Bathroom Excellent central location Residential accommodation above a commercial premises The property would suit a range of tenants, particularly those wanting to be right in the centre of Nottingham without paying premium rental prices for a newly refurbished apartment.
Fantastic City Centre Location Broad Street is positioned within Nottingham's vibrant city centre, giving you an enormous choice of amenities right on your doorstep.
Old Market Square, the main hub of Nottingham city centre, is within easy reach, providing access to shopping, events, restaurants and public transport.
The property is also close to Hockley and the Lace Market, known for independent shops, cafés, restaurants and nightlife, as well as Nottingham Contemporary and the National Justice Museum.
For shopping, Victoria Centre and the surrounding city-centre shopping streets are nearby.
There are also numerous entertainment and leisure attractions close by, including: Nottingham Castle Nottingham Playhouse National Ice Centre Motorpoint Arena Broadway Cinema Nottingham Contemporary National Justice Museum City of Caves The Lace Market Hockley Old Market Square Nottingham Castle and its grounds offer museums, galleries, historic caves and attractions and are also within the wider city-centre area.
Important Information Please note that this property is situated above a wine bar.
Applicants should therefore be comfortable living above a commercial premises and with the potential for some associated noise.
The apartment is not being marketed as a luxury or newly refurbished property and has a more basic finish.
The rental price has been set accordingly, offering tenants the opportunity to secure a two-bedroom property in an exceptional city-centre location at a more affordable price point.
We strongly recommend that prospective tenants consider the property's location and the nature of the accommodation carefully before arranging a viewing. Viewings are highly recommended.
Council Tax Band: A (Nottingham City Council) Holding Deposit: £300
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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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
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