Long lease, tenanted income and easy access to station and trams.
Ground-floor two-bedroom, two-bath apartment with private balcony
Set within Waterfront Plaza, this ground-floor two-bedroom apartment offers a straightforward buy-to-let opportunity or central pied-à-terre. The property is tenanted until December 2025, delivering immediate rental income and leaving onward possession subject to the tenancy. The apartment benefits from a private balcony, open-plan living/kitchen and two bathrooms including an en-suite.
The location is the principal strength: a short walk to Nottingham train and tram links and close to Lace Market bars, shops and amenities. Practical details that support letting and day-to-day living include fast broadband, excellent mobile signal and a very long lease (circa 980+ years).
There are important costs and local factors to note. This is a leasehold with an annualised service charge of about £3,028 and ground rent of £350 per year. The surrounding area is a cosmopolitan, student-heavy neighbourhood and recorded local crime levels are high; these factors can affect rental mix and resale appeal.
Overall, the flat suits investors seeking an income-producing, low-management city property or buyers wanting central access with minimal immediate refurbishment. The tenancy to December 2025, long lease and convenient transport links make this a pragmatic purchase, provided you budget for running costs and accept the neighbourhood profile.
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