Summary - Apartment 2 The Living Quarter, 2, St. Marys Gate NG1 1PF
2 bed 2 bath Apartment
Income-producing two-bed apartment in Lace Market, strong central transport links.
Tenanted to September 2026 at £1,100 pcm (income-producing)
A turn-key, city-centre investment in The Living Quarter, offered with an assured tenancy until September 2026 at £1,100 pcm. The two-bedroom, two-bathroom apartment is furnished, well-presented and benefits from floor-to-ceiling windows that frame views over St. Mary’s Square. EPC B and double glazing reduce immediate energy upgrade needs. Estimated gross yield of 8.5% makes this a clear cash-flow opportunity for buy-to-let portfolios.
The layout is practical: open-plan living/dining/kitchen with integrated appliances, an en-suite to the master, built-in wardrobes and a family bathroom. Constructed in the mid-2000s, the development is modern and well maintained. Transport links are excellent — Lace Market tram stop is two minutes’ walk and Nottingham train station around ten minutes — helping tenant demand in this central location.
Buyers should note material considerations: the property uses electric room heaters rather than gas central heating, which can mean higher running costs. The area is classified as a cosmopolitan, multicultural student neighbourhood and shows signs of deprivation, which may affect long-term capital growth and tenant mix. The apartment is sold leasehold with c.108 years remaining; current service charge and ground rent are payable and detailed figures should be verified by solicitors.
This is best suited to an investor seeking immediate income from a city-centre flat with low management friction. Owner-occupiers seeking a quieter, suburban setting or lower energy bills should weigh the heating type and neighbourhood profile before viewing. All tenure, service charge and rent details should be checked in conveyancing.
2 bedroom apartment for sale in One Fletcher Gate, Adams Walk, Nottingham, Nottinghamshire, NG1 1QR, NG1 — £175,000 • 2 bed • 2 bath • 753 ft²
2 bedroom flat for sale in Cranbrook Street, The Zone Cranbrook Street, NG1 — £120,000 • 2 bed • 2 bath • 689 ft²
2 bedroom apartment for sale in 2 South Parade, Nottingham, NG1 — £200,000 • 2 bed • 1 bath • 581 ft²
2 bedroom apartment for sale in The Living Quarter, 2 St. Marys Gate, Nottingham, Nottinghamshire, NG1 1PF, NG1 — £159,950 • 2 bed • 2 bath • 764 ft²
2 bedroom apartment for sale in Weekday Cross Building, Pilcher Gate, Nottingham, Nottinghamshire, NG1 1QF, NG1 — £165,000 • 2 bed • 2 bath • 701 ft²
2 bedroom apartment for sale in The Habitat, Woolpack Lane, Nottingham, Nottinghamshire, NG1 1GJ, NG1 — £140,000 • 2 bed • 2 bath • 656 ft²
