Period apartment with long lease and strong city-centre location, ideal for first-time buyers or investors.
Grade II listed apartment in Lace Market conservation area
A two-bedroom apartment set within the Grade II listed Stone Yard development in Nottingham’s historic Lace Market. At about 631 sq ft, the flat offers generous room proportions, sash windows and exposed brick character that suit city-centre living and period appeal. The long lease (c.975 years) and no onward chain make it straightforward to buy.
This property is well placed for restaurants, bars, shops and public transport, and sits within a busy multicultural, student-oriented neighbourhood — attractive for first-time buyers seeking a central home and for buy-to-let investors targeting student or city-let demand. Mobile signal is excellent and local amenities are plentiful.
Important practical points: heating is by electric room heaters and the EPC is rated E, so energy performance may be higher cost than modern systems. The building’s Grade II listed status limits alterations and may complicate upgrades. Service charge is c.£3,423.36 per year (now reduced to £285.28 per month) and there is no ground rent. Solid brick construction without modern insulation means potential for retrofit work if permitted.
Overall this is a character-rich city-centre flat with strong location appeal and long lease security. It will suit buyers who value period features and central convenience, and investors who can work within listing constraints and current energy/maintenance considerations.
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