Summary - THE ZONE 3 BRIGHTMOOR STREET NOTTINGHAM NG1 1FB
1 bed 1 bath Flat
Buy-to-let flat with tenant, strong yield potential but short lease..
One-bedroom flat in central NG1, tenant in situ
A compact one-bedroom flat in central Nottingham, offered with a sitting tenant and immediate rental income. The property sits in a purpose-built, contemporary block on Brightmoor Street and includes communal private parking — attractive for investors seeking low-management city-centre stock.
The flat currently produces a gross income of £9,000 per year against a £90,000 asking price (roughly a 10% gross yield). The tenant has been in situ for under a year and wishes to remain, so the purchase provides continuity of income with potential to review rent at renewal.
Buyers should note material considerations: the property is leasehold with 78 years remaining and a warning that some mortgage lenders may refuse to lend on short leases. The wider area is a multicultural, student-dominated neighbourhood with higher crime and local deprivation indicators—factors that can affect resale and financing.
This is a straightforward buy-to-let opportunity for experienced investors or developers comfortable with short-lease assets. Prior to purchase, obtain the full Let Property Pack, tenancy agreement, EPC, and a lease review; factor in potential lease-extension costs and lender acceptance when assessing net returns.
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