Summary - 14A, REGENT COURT, DERBY STREET NG1 5FF
2 bed 1 bath Apartment
Chain-free two-bed apartment with gated parking — income-producing and central..
- Two double bedrooms and large open-plan lounge/diner
- Currently let at approx. £850 pcm (income-producing)
- Allocated gated parking included
- Leasehold with c.104 years remaining; ground rent £175 pa
- Compact internal size for a two-bedroom apartment
- Overlooks internal courtyard/parking, no private garden
- Located in cosmopolitan student area with very high crime levels
- Chain free, suitable for buy-to-let or first-time purchase
A compact two-bedroom apartment in the heart of Nottingham city centre, offered chain-free and currently let at approximately £850 pcm. The layout centres on a large open-plan lounge/diner with tall ceilings and good natural light, plus a modern kitchen and bathroom. The property sits in a converted warehouse block and includes allocated gated parking — a valuable city-centre asset.
The flat is presented with laminate flooring, secondary-glazed sash windows and electric wall-mounted radiators. Leasehold with around 104 years remaining and a small ground rent of £175 per year. At the asking price of £125,000 and current rent, the gross yield is approximately 8% — attractive for buy-to-let investors seeking central, easy-to-manage stock.
Notes and limitations: overall internal size is small for a two-bedroom, and windows overlook the internal courtyard/parking rather than open views. The development is in a cosmopolitan student neighbourhood with very high local crime levels; buyers should factor this into insurance and management costs. No private outdoor space.
This apartment suits an investor wanting an immediate income or a first-time buyer seeking a central base with parking. The unit requires no immediate major works from the description provided, but its compact footprint and location mean it’s best for those prioritising central living and rental income over space or scenic outlooks.
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