Compact, low-maintenance home with strong commuter links and rental appeal.
No upward chain; vacant possession on completion
Newly decorated throughout; modern open-plan living
One allocated off-street parking space; gated development
Projected rental £795pcm — approx. 8.30% yield
EPC C and very cheap council tax band A
Conflicting lease information — confirm remaining years and costs
Ground rent and service charges applicable — obtain figures
Broadband speeds reported slow; consider for homeworking
This newly decorated first-floor apartment sits within the converted Queens Hotel on Upper Wellington Street, offering a compact, easy-to-manage home or a straightforward rental purchase. The open-plan kitchen/living room and double bedroom make the most of 467 sq ft with modern finishes and a neutral palette throughout.
Practical benefits include one allocated off-street parking space, gated access and a shared courtyard garden. The location offers excellent transport links to Nottingham, Derby, the M1 and East Midlands Airport, and local shops and amenities are within walking distance — a genuine plus for commuting first-time buyers.
The property also presents clear investment potential: projected rental income of £795pcm (approx. 8.30% yield) and vacant possession on completion. Energy performance is reasonable (EPC C) and council tax is low, keeping running costs modest.
Buyers should confirm lease details and service charge/ground rent levels before committing. Lease information supplied is inconsistent (statements of 125 years from 2010, 110 years remaining, and an 85‑year note), which could affect mortgage options. Broadband speeds are reported slow; factor this in if you work from home.
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