Summary - The Hicking Building, Queens Road, Nottingham, Nottinghamshire, NG2 NG2 3BX
2 bed 2 bath Apartment
Let until 2026 with a strong gross yield and secure gated parking.
Large 920 sq ft two-bedroom, two-bath apartment
This two-bedroom, two-bath apartment occupies a generous 920 sq ft on the third floor of a converted industrial block. It is currently let until October 2026 and delivers a reported 10.6% gross yield, making it a straightforward purchase for income-focused buyers. The open-plan living/kitchen, ensuite principal bedroom and plentiful storage give the flat broad tenant appeal.
Location is a core strength: central NG2 position beside shops, restaurants and the nearby train station supports steady rental demand from students and city workers. The building dates from the early 2000s and benefits from double glazing and a mix of modern and original industrial features; secure gated parking with an allocated space is included.
Buyers should note the apartment is leasehold (103 years remaining) with an annual ground rent of £252 and electric room heaters as the main heating source — these factors can affect running costs. The area is classified as a cosmopolitan, multicultural student neighbourhood with high reported crime levels; while this supports rental occupancy, it may influence tenant mix and resale perception. Overall the property suits investors seeking immediate income and a centrally located, larger-than-average city flat.
2 bedroom apartment for sale in Flat 11, Block 3 The Hicking Building, Queens Road, Nottingham, NG2 — £150,000 • 2 bed • 2 bath • 732 ft²
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