Summary - Canal Street, Nottingham, Nottinghamshire, NG1 7HW NG1 7HW
1 bed 1 bath Apartment
Waterside city flat ideal for first-time buyers or buy-to-let investors.
- First-floor apartment with private decked balcony and canal views
- Open-plan living with full-height windows and modern fitted kitchen
- Allocated off-street parking (basement); has been separately lettable
- Compact footprint circa 405 sq ft, suits single or couple
- 109 years remaining on lease; leasehold tenure, chain free
- Service charge £2,230.79pa and ground rent £337pa
- Connected to Enviroenergy community heating (biogas) – check billing
- Located in a busy student neighbourhood; local crime levels higher
Situated on the first floor of a waterside development, this compact one-bedroom apartment offers bright, open-plan city living with a private decked balcony and direct canal views. Full-height windows flood the living space with light while the modern fitted kitchen and contemporary bathroom make the apartment move-in ready for single buyers or couples.
The property benefits from allocated off-street parking and connection to a community Enviroenergy heating scheme (biogas). With 109 years remaining on the lease and no upward chain, the flat presents straightforward entry to the city-centre market and credible buy-to-let potential; recent advice suggests achievable rent in the local market and the parking space has been separately let in the past.
Practical costs and location realities are important to note. The current service charge (£2,230.79pa) and ground rent (£337pa) are material running costs for leaseholders. The apartment is small (circa 405 sq ft) and best suited to single occupancy or a couple rather than a family. The local area is a lively, multicultural student neighbourhood and recorded crime levels are higher than average, which buyers should consider.
Overall this is a well-presented, low-fuss city apartment that suits first-time buyers seeking waterside lifestyle and investors targeting central Nottingham lets. Buyers should review the management pack, heating arrangement, and service charge details as part of pre-purchase checks.
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