Summary - NUMBER ONE FLETCHER GATE APARTMENT 41 ADAMS WALK NOTTINGHAM NG1 1QP
1 bed 1 bath Apartment
Contemporary one-bedroom flat in Lace Market — ideal for investors or central living..
Heart of Lace Market location, walk to tram and train
Open-plan living/dining/kitchen with integrated appliances
Potential rent £900–£950pcm; estimated gross yield ~7.7%–8.1%
Concierge service; modern 2003–2006 build with double glazing
Leasehold: 104 years remaining; ground rent £250 pa
Service charge £1,915.68 pa — factor into costs
Heating: electric room heaters (may increase utility bills)
Area: cosmopolitan student neighbourhood; noise/tenant mix likely
Set in the heart of The Lace Market, Apartment 41 at One Fletcher Gate is a contemporary one-bedroom flat suited to city-living buyers or investors seeking reliable rental income. The open-plan living/dining/kitchen with integrated appliances and floor-to-ceiling window offers bright, practical accommodation across c.552 sq ft. A concierge service and close walking distance to Nottingham Train Station and the Tram add commuter convenience and urban appeal.
Projected rental income of £900–950pcm gives an estimated gross yield of around 7.7%–8.1%, making this an appealing opportunity for buy-to-let investors. The development’s modern construction (2003–2006), double glazing and an EPC rating of C help with marketability, while the one-bedroom layout is popular with students and young professionals in this cosmopolitan, central area.
Important practical points: the property is leasehold with 104 years remaining, an annual service charge of £1,915.68 and ground rent of £250 per year. Heating is by electric room heaters rather than gas central heating, which can mean higher running costs. The wider area is classified as a multicultural student neighbourhood and has higher deprivation levels, which affects long-term demand patterns and tenant mix.
This apartment suits someone seeking easy town-centre living or an investor targeting the city rental market. All financial and legal details should be verified by a conveyancer before purchase.
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