Compact buy-to-let with strong yield potential in Nottingham city centre.
Second-floor one-bedroom city-centre apartment, approx. 440 sq ft
This second-floor, one-bedroom apartment in Nottingham city centre offers a compact, low-maintenance layout aimed at buy-to-let investors or a city-base owner-occupier. The open-plan living area with integrated kitchen and Juliet balcony provides light and usable space across approximately 440 sq ft, while gas central heating and lift access add everyday convenience.
The block sits in a busy, multicultural student neighbourhood close to transport, shops and leisure facilities — making it attractive for rental demand. The listing notes a potential gross yield in excess of 8.5%, and the property is offered chain-free, which can speed a sale or let-up process.
Important sale and area considerations are clear and material: the sale proceeds via the Modern Method of Auction, which carries additional buyer costs (non-refundable reservation fee and buyer information pack fee) and a 56-day reservation period. Tenure details are not provided and should be confirmed prior to bidding. The area is classified as deprived with high local crime levels and slower broadband speeds, factors that may affect some tenant markets and lettings strategy.
Overall, this is a straightforward, small city-centre flat that presents a genuine rental return opportunity for buyers who understand auction purchase mechanics and the local market dynamics. Inspect in person, check tenure and licensing requirements, and factor auction fees into all purchase calculations.