Summary - Raleigh Square, Raleigh Street, Nottinghamshire, NG7 4DN NG7 4DN
2 bed 1 bath Flat
Low-maintenance apartment with parking and strong commuter links.
Two double bedrooms with one noticeably larger
Fourth-floor apartment close to Nottingham city centre
Modern fitted kitchen with integrated oven and gas hob
Allocated off-street parking space included
Total area small — approximately 544 sq ft
Lease 78 years remaining — lenders may refuse mortgages
Service charge and ground rent high at £2,196 each annually
Local area: excellent transport but very high crime and high deprivation
This fourth-floor two-bedroom apartment offers practical, low-maintenance city living close to Nottingham city centre and transport links. The property includes a modern fitted kitchen, a spacious living room and two double bedrooms, one noticeably larger, making it suitable for rental occupation or compact household use. An allocated off-street parking space is included.
Buyers should be aware of several material drawbacks. The lease has 78 years remaining, which many mortgage lenders consider too short; independent mortgage advice is essential and some lenders may refuse to lend. Annual costs are high: combined service charge and ground rent are reported at £2,196 each, and ground rent is described as very expensive — factor these recurring costs into affordability calculations.
The wider location is well served by buses, trams and rail connections and benefits from nearby shops, bars and amenities, which supports rental demand from students and commuters. However, local crime levels are reported as very high and the area is classified as very deprived, both of which may affect resale appeal and tenant sourcing in some market segments.
Overall this is a compact, well-presented city flat with clear income or first-step living potential for a buyer prepared to accept the lease length and ongoing charges. Before committing, request full legal packs, confirm lender acceptability, and inspect the management documents and recent service charge accounts.
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