Summary - 72 PARK VIEW COURT NOTTINGHAM NG1 1DE
1 bed 1 bath Studio
Compact Grade II studio near city centre with parking — refurbishment required.
Grade II listed Victorian building, built 1875
A compact studio in a Grade II Victorian building close to Nottingham city centre, aimed squarely at investors or buyers seeking a central pied-à-terre. The apartment is open-plan with a kitchen area, combined living/bedroom and a separate bathroom; off-street parking for residents is a rare central convenience. Its small footprint and central location support rental demand and the advertised gross yield is high, making the flat attractive for buy-to-let purchasers.
The building is historic (built 1875) and the flat shows signs of wear: visible damp stains, flooring wear and general cosmetic repairs are needed. Heating is by electric room heaters only and mains broadband speeds are slow; these factors will limit comfort and require investment to modernise. The property is leasehold with around 161 years remaining, a service charge of about £1,300pa and a modest ground rent of £50pa.
There are material transaction and title considerations: the apartment has listed status which can complicate alterations and ongoing maintenance responsibilities. The location sits in a multicultural, student-heavy neighbourhood — strong rental demand but possibly higher tenant turnover and local area deprivation indicators. Buyers should factor refurbishment costs, potential listing constraints and slow broadband into acquisition budgets.
For an investor, the combination of central location, resident parking and long lease offers straightforward rental potential once basic repairs and heating/broadband upgrades are completed. This is a value-led purchase: suitable for someone prepared to invest time and money to modernise and manage a small, listed studio in a busy city setting.
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