Summary - Flat 17, Commodore Court, 1 Bar Lane NG8 5DH
2 bed 1 bath Flat
Chain-free buy with tenant income and allocated parking for commuters.
Chain-free two-bedroom apartment, ideal for first purchase or investment
A smart two-bedroom apartment offering immediate income or a low-entry homebuying option. The flat is chain-free and currently tenanted at £700pcm, producing around a 7.3% gross yield, making it attractive to investors seeking a simple, income-generating addition. The open-plan living/kitchen and two double bedrooms sit within a modern block built 2007–2011, with double glazing and an EPC B rating.
Practical benefits include an allocated off-street parking space, secure entry system, fast broadband and excellent mobile signal, plus easy road access to Nottingham city centre and the M1 for commuters. The lease has about 105 years remaining and ground rent is modest at £250 per year. Council tax is described as very cheap.
Notable facts and trade-offs are clear: the property is leasehold and will be sold with sitting tenants, so immediate owner occupancy will require tenancy notice or agreement. Heating is by electric room heaters rather than a gas central system, which can mean higher running costs. The surrounding area scores as more deprived than average; local crime is average and the neighbourhood demographic trends toward social-renting young families. These are important for buyers to consider alongside the rental potential.
Overall, this is a practical, low-maintenance apartment for first-time buyers who prioritise location and affordability, or for investors wanting a ready-made let in a modern building with good transport links.
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