Compact city-flat with long lease and strong rental potential.
Top-floor two-bedroom apartment with balcony and city views
Set on the top floor of a converted period building in Nottingham’s Lace Market, this two-bedroom apartment combines characterful red-brick façades with a compact, practical interior. The open-plan kitchen/diner/lounge leads to a balcony with city views, and the layout includes two double bedrooms plus two bathrooms — useful for sharers or guests. The property is offered with no upward chain and a very long lease (c.985 years).
Practical costs are clear: an annual service charge of around £1,821.42 and ground rent near £250. Council tax sits at Band C and the EPC is rated C. These running costs are modest for city-centre living but should be factored into affordability calculations. The apartment is small (c.582 sq ft) so it will suit buyers after efficient city living rather than expansive space.
Located in a cosmopolitan, multicultural student neighbourhood, the area delivers excellent local amenities, fast broadband and strong mobile signal — good for professionals, students or investors seeking rental demand. Noise and footfall can be higher than residential suburbs because of nearby nightlife and student activity; viewings will show how that suits your lifestyle.
Mechanically the building was constructed post-2007 and has double glazing and mains gas heating via boiler and radiators. No major structural or flooding risks are recorded. Internal inspection is recommended to assess finish, storage and any modernisation needs — the flat presents straightforward potential for cosmetic updating or rental use.
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