Summary - PARK WEST APARTMENT 9 DERBY ROAD NOTTINGHAM NG7 1LU
2 bed 2 bath Flat
Long-lease ground-floor two-bed with parking — ideal for city lettings.
Allocated secure underground parking included
This ground-floor, two-bedroom apartment on Derby Road offers straightforward city-centre rental appeal. With an allocated underground parking space and a long lease (circa 977 years), the property is set up for low ownership friction and easy tenancy arrangements. Sold with no upward chain, it’s ready for a quick purchase and let.
Situated in a multicultural, student-focused area close to Nottingham Trent University and the city centre, the flat is well placed for short commutes and high tenant demand. The layout includes two bedrooms (one en-suite), a separate modern bathroom and an open-plan kitchen/living area — practical for sharers or young professionals.
Notable running costs and fabric details: the service charge is about £3,000 per year and ground rent totals c. £240 per year. Heating is electric via room heaters rather than gas central heating; this can raise energy costs and may affect tenant appeal in colder months. There is no private garden and the apartment is part of a mid-terrace block constructed 2003–2006.
Buyers should also factor local context: the neighbourhood is classified as deprived and recorded crime is above average, which can influence rental values and insurance costs. Conversely, excellent transport links, fast broadband and strong student demand support steady occupancy and shorter void periods. Overall this is a pragmatic investment with long-lease security but with higher service charges and running costs to budget for.
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