Summary - NORTH WEST, 41 APARTMENT 302 TALBOT STREET NOTTINGHAM NG1 5GY
2 bed 1 bath Flat
Bright city apartment near universities and transport, ideal for buy-to-let investors.
Spacious 2-bed, 1-bath apartment — 658 sq ft
Long lease: 978 years remaining
Currently let and producing rental income
On-site gym, swimming pool, concierge and communal gardens
Service charge c. £2,400 pa and ground rent £380 pa
Electric storage heaters — potentially higher running costs
Excellent transport links; short walk to Nottingham train station
Local area: cosmopolitan student neighbourhood with very high crime levels
This well-presented two-bedroom apartment occupies 658 sq ft in a contemporary building on Talbot Street, minutes from Nottingham city centre and the main rail station. Its open-plan living area, large windows and balcony create bright, modern accommodation that appeals to students and young professionals. On-site facilities include a gym, swimming pool, concierge and communal outdoor space, supporting strong rental demand in this area.
The property is currently let and producing rental income, making it an attractive buy-to-let opportunity. Proximity to Nottingham Trent University and the University of Nottingham, plus excellent transport links, sustain tenant interest and potential capital growth. The leasehold has 978 years remaining, removing short-lease risk for the foreseeable future.
Buyers should note material running costs: an average service charge of £2,400 and ground rent of £380 annually. Heating is via electric storage heaters, which can be more expensive than gas alternatives. The wider local area is a cosmopolitan, multicultural student neighbourhood with very high recorded crime levels — important for risk assessment and insurance considerations.
Overall, this apartment offers straightforward, contemporary city living with strong rental credentials and long lease security. It suits investors seeking an immediately income-producing asset near major universities and transport hubs, while owner-occupiers should weigh service charges, heating costs and the neighbourhood profile against lifestyle needs.
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