Summary - GEORGE STREET TRADING HOUSE APARTMENT 42 GEORGE STREET NOTTINGHAM NG1 3BU
2 bed 2 bath Apartment
Characterful flat with parking and strong sharer rental potential in NG1.
- Two double bedrooms, each with en-suite bathroom
- Open-plan living and kitchen with integrated appliances
- Rare allocated off-street parking space in city centre
- Period conversion with tall ceilings and character features
- Long lease (956 years) and double glazing installed
- Service charge approx £2,953 annually; ground rent £125
- Located in a multicultural student neighbourhood; potential noise
- Local crime levels recorded as very high; check insurance implications
A spacious two-bedroom apartment in a converted period building, offered with generous ceiling heights and an open-plan living area. Both double bedrooms have en-suite bathrooms and fitted wardrobes, making the layout particularly attractive to sharers or short-let operators. The apartment includes a fitted kitchen with integrated appliances and a rare allocated off-street parking space for a city-centre property.
This property sits in Nottingham city centre’s NG1, a multicultural, student-dense neighbourhood with excellent public transport and many amenities on the doorstep. The long lease (956 years) and double glazing are practical ownership advantages; mains gas central heating provides reliable warmth. At around 789 sq ft, the flat is an average-sized city apartment with strong rental appeal to students or professionals seeking central living.
Buyers should note material costs: an annual service charge of about £2,953 and a ground rent of £125. The area records very high crime levels, which can affect insurance, tenant demand and management considerations for investors. Tenure is leasehold and council tax band is not provided.
Overall this is a characterful, convenient city-centre apartment with useful income potential, especially for investors targeting sharers or short-term lets, but assess running costs and local safety factors before committing.
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