Summary - Apartment 17 Lexington Place, 7, Plumptre Street NG1 1AN
2 bed 2 bath Apartment
Central two-bedroom flat with secure parking and strong commuter links.
Second-floor Lace Market apartment with two double bedrooms and two bathrooms
Set in Nottingham’s historic Lace Market, this well-presented second-floor apartment offers low-maintenance city-centre living with good rental appeal. Bright lounge and main bedroom each have Juliet balconies, and the layout includes two double bedrooms and two bathrooms — practical for sharers or professionals. The modern fitted kitchen includes integrated appliances and timber-effect worktops for easy upkeep.
Practical features add value: a secure allocated underground parking space and an average-sized 770 sq ft footprint make the flat competitive in the city market. Electric storage heating and double glazing keep running simplicity, and the property’s 126-year lease provides long-term security for buyers and landlords.
Be candid about the negatives: the building’s solid brick walls are likely uninsulated (as-built), heating is electric storage so running costs can be higher than gas, and the area records higher-than-average crime. The property is leasehold with a small ground rent (£150) and moderate council tax — factors to consider for long-term ownership or letting.
Overall, this apartment suits investors seeking central rental income or professionals wanting a straightforward commute and vibrant local life. Cosmetic updates are minimal, but buyers mindful of energy performance and area safety should factor these points into their decision.
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