Summary - 1 TEAL WHARF NOTTINGHAM NG7 1GW
2 bed 1 bath Flat
Compact city apartment with balcony, parking and excellent commuter links.
- Ground-floor two-bedroom flat with private balcony
- Compact 553 sq ft internal space
- Lease approx. 60 years — lenders may refuse mortgages
- Service charge approx. £1,148 per year
- Electric storage heaters; potentially higher running costs
- Communal off-street parking and communal gardens
- EPC rating C; built 1996–2002
- Very high local crime and high area deprivation
A compact ground-floor apartment set within Teal Wharf, offering straightforward access to Nottingham city centre, the retail park and Queens Medical Centre. The layout includes an entrance hall, a generous lounge/dining space, a fitted kitchen, two bedrooms and a three-piece bathroom; the second bedroom opens onto a private balcony overlooking communal gardens. Communal off-street parking and nearby commuter routes add practical convenience for tenants or owner-occupiers.
This unit is best suited to a cash buyer or investor prepared to manage lease-related constraints. The current lease length is approximately 60 years — a material issue that may make mortgage approval difficult and could affect resale value. Service charges average around £1,148 per year and heating is provided by electric storage heaters, which can increase running costs compared with gas-heated homes.
The flat sits in a busy, multicultural neighbourhood with excellent mobile and broadband connectivity and an EPC rating of C. Local amenities, bus links and nearby education facilities make the location functional for rented lettings or short-term occupation, but high local crime levels and wider area deprivation are important considerations when assessing long-term desirability and rental demand.
Overall, the property offers immediate rental or occupation potential with straightforward finishes and communal outdoor space. However, the short lease, electric heating and local socio-economic factors are real constraints that should be weighed carefully before viewing or offering.
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