Summary -
Apartment 20 Park West,Derby Road,NOTTINGHAM,NG7 1LU
NG7 1LU
1 bed 1 bath Apartment
Ready-made rental near universities with long lease and parking.
Let to tenants at £845pcm (income from day one)
A compact one-bedroom leasehold apartment offered as a ready-made buy-to-let in a lively student-focused pocket just north of Nottingham city centre. It is currently let at £845pcm with tenants in situ, providing immediate rental income for investors. The apartment has an open-plan living/kitchen, balcony, allocated underground parking and an EPC C rating.
The building is undergoing fire-safety and cladding works to obtain an EWS1 certificate; the management company expects completion by summer 2027. Service charge and ground rent cover communal maintenance and the parking space, but running costs are notable and should be factored into yield calculations.
Practical details that affect ownership: a long lease (979 years remaining), a six-monthly service charge of £1,507.50 (c. £3,015pa) and ground rent of £64.50 six-monthly (c. £129pa). The property sits in a cosmopolitan, student-dominated neighbourhood with above-average crime statistics — suitable for investors targeting student lets, less so for those seeking a quiet family home.
Overall, this apartment suits investors wanting immediate rental return and low management complexity. Be aware of ongoing communal remediation works, confirmed tenancy terms, and the area profile when assessing long-term capital growth and vacancy risk.
1 bedroom apartment for sale in Derby Road , Canning Circus, NG7 — £80,000 • 1 bed • 1 bath • 466 ft²
2 bedroom apartment for sale in Derby Road, Canning Circus, NG7 — £120,000 • 2 bed • 2 bath • 752 ft²
1 bedroom apartment for sale in Noel Street, Nottingham, NG7 — £80,000 • 1 bed • 1 bath • 491 ft²
2 bedroom apartment for sale in Raleigh Street, Nottingham, NG7 — £135,000 • 2 bed • 1 bath • 633 ft²
1 bedroom apartment for sale in Huntingdon Street, Nottingham, NG1 — £95,000 • 1 bed • 1 bath • 448 ft²
2 bedroom apartment for sale in Derby Road, Nottingham, NG7 — £155,000 • 2 bed • 2 bath • 650 ft²
