Summary - 73 MANSFIELD STREET NOTTINGHAM NG5 4BN
1 bed 1 bath Block of Apartments
Freehold 14-unit new-build yielding strong rental income potential.
14 one-bedroom apartments, practical completion September 2025
Total internal area 890 sqm; apartments total 630 sqm
Offered vacant or fully let for buyer flexibility
Expected gross rent approx. £157,600 pa (approx. 7.2% gross yield)
Freehold title; new-build specification reduces immediate maintenance
Located in a relatively deprived area; consider tenant profile impact
No flood risk; excellent mobile signal and fast broadband
Council tax bands and service charge details not provided
This newly built freehold block on Mansfield Street comprises 14 one-bedroom apartments, delivering a high-quality, turn-key asset on practical completion in September 2025. The development totals 890 sqm internal (630 sqm apartments) and is offered either vacant or fully let, giving buyers flexibility to start earning immediately or implement their preferred management plan.
Projected gross rent is around £157,600 per annum, pricing the asset at a guide of £2.2 million. That equates to an approximate gross yield of about 7.2%, presenting a straightforward income-led purchase for income-focused investors or portfolio managers seeking modern stock in Nottingham.
Practical positives include freehold tenure, new-build specification (reduced short-term maintenance), fast broadband and excellent mobile signal, and no recorded flood risk. The surrounding area has plentiful local amenities and good primary schools, supporting ongoing tenant demand for one-bedroom homes aimed at private renters and new arrivals.
Material considerations: the location falls within a relatively deprived area and local secondary provision includes a school rated “requires improvement,” which may influence longer-term demographic demand. Practical completion is in 2025, so immediate physical inspection of final finishes will be necessary, and details such as council tax bands, service charges or long-term management arrangements are not supplied and will require confirmation prior to exchange.
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