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For sale
£130,000Guide price

128, Woolpack Lane, NG1 1GJ

1bedroom
1bathroom
Apartmenttype
Leaseholdtenure

Listed 2 Apr 2026 · Nottingham

How the price compares

This home£130,000
Median 1 bed in NG1£90k20 homes listed · £210 per sq ft
Difference+44%above the area median

Key features

  • FLOOR TO CEILING WINDOWS
  • SIXTH FLOOR
  • SECURE ALLOCATED PARKING
  • BALCONY
  • CURRENTLY LET FOR £950PCM
  • 2 MINUTE WALK TO HOCKLEY
  • VIEWS OVER SOUTH NOTTINGHAM
  • PERFECT RESIDENTIAL PURCHASE
  • GREAT INVESTMENT OPPORTUNITY
  • EWS1 COMPLIANT

About this home

**INVESTMENT OPPORTUNITY with 8.1% YIELD** Located in the HISTORIC LACE MARKET. Ideal for BUY-TO-LET INVESTMENT the apartment is currently let for £950PCM offering a YIELD of 8.1%. With NO ONWARD CHAIN the apartment is a ready made, CASHFLOWING investment opportunity which also has an UNDERGROUND ALLOCATED PARKING SPACE. The building has a PRIVATE BALCONY providing EXCELLENT VIEWS south of the City. Located a 3 minute walk from HOCKLEY, 8 minute walk from the OLD MARKET SQUARE and only a 3 minute walk to MORTORPOINT ARENA, it makes a perfect opportunity.

Property Description If you are seeking a new investment property or an addition to your growing portfolio then this is the property for you. Situated a 3 minute walk away from Hockley and Nottingham's vibrant city life this spacious and modern one bedroom apartment is perfect for a buy to let to produce a consistent cashflow. Sold with a tenant in situ, the property is a ready made investment for any landlords.

The bright and airy apartment benefits from a fully fitted modern kitchen and modern bathroom with three piece suite, open plan living space with floor to ceiling windows with balcony access and an underground allocated parking space.

Viewing is highly recommended, call now to view.

Room Dimensions Kitchen/Living Area: 6.29m x 4.17m Bedroom: 2.80m x 2.53m Bathroom: 1.99m x 1.69m

Parking The property benefits from a secure underground allocated parking space

Lease Information Lease: 976 years remaining Service Charge: £1728 per annum Ground Rent: £250 per annum

Disclaimer Walton & Allen, their clients and any joint agents give notice that 1: They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Walton & Allen s have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

Viewing 24hrs Notice To arrange a viewing on this property please contact our Sales Team at Walton & Allen on Nottingham . Please note 24hrs notice is usually required on this property.

Free Mortgage Advice Walton & Allen offer free initial mortgage advice. We help you compare the whole of the mortgage market to find one of the best deals for you. Find out how much you could borrow and how much money you could potentially save. Call or respond to this advert.

*A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. Think carefully before securing other debts against your home. *

Property details

Property type
Apartment
Council tax band
C
Tenure
Leasehold
Lease remaining
975 years left
Ground rent
£250 per year (Ask agent about the review period)
Service charge
£1,728 per year
Parking
Yes

Floorplan

Other

Location

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1 on this map

  • Lace Market Tram Stop0.1 mi
  • Old Market Square Tram Stop0.3 mi
  • Royal Centre Tram Stop0.4 mi

What nearby homes sold for

Median sold prices in NG1 over the last 12 months: flat £145k · terraced £210k · semi-detached £225k.

AddressTypeSoldPrice
Flat 125, The Habitat, Woolpack Lane
Nottingham NG1 1GJ
Flat
Leasehold
28 Aug 2026£100,000
Flat 112, The Habitat, Woolpack Lane
Nottingham NG1 1GJ
Flat
Leasehold
30 Jun 2025£155,000
Flat 104, The Habitat, Woolpack Lane
Nottingham NG1 1GJ
Flat
Leasehold
10 Jun 2024£137,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in NG1

Buying costs

Monthly repayment£650£13,000 deposit · £117,000 loan
Stamp Duty£100England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Walton & Allen, Nottingham on Rightmove (original listing). First listed 2 Apr 2026; details checked 7 Nov 2026. Latest change: added on 02/04/2026.

Agent disclaimer

Disclaimer - Property reference 9150. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Walton & Allen, Nottingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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