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For sale
£200,000

Number One Fletcher Gate, NG1 1QP

2bedrooms
2bathrooms
Apartmenttype
Leaseholdtenure

Listed 28 May 2024 · Nottingham

How the price compares

This home£200,000
Median 2 bed in NG1£160k31 homes listed · £215 per sq ft
Difference+25%above the area median

Key features

  • FIRST FLOOR APARTMENT
  • TWO DOUBLE BEDROOMS
  • TWO EN SUITE BATHROOMS
  • OPEN PLAN LIVING ROOM
  • KITCHEN WITH INTEGRATED APPLIANCES
  • SECURE UNDERGROUND PARKING
  • HISTORIC LACE MARKET LOCATION
  • CONCIERGE SERVICE
  • NO ONWARD CHAIN
  • 3 MINUTE WALK TO HOCKLEY

About this home

*INVESTMENT OPPORTUNITY GROSS YIELD OF 6.9%* ASKING PRICE £200,000. We are delighted to bring to market this immaculately presented two bedroom apartment located IN THE HEART OF THE HISTORIC LACE MARKET. Boasting VIEWS over FLETCHER GATE. The property has immense POTENTIAL TO LET for £1250pcm with a GROSS YIELD OF 7.5% if LET FURNISHED. Only a 3 minute walk to HOCKLEY and MOTORPOINT ARENA providing an excellent investment 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 two bedroom apartment is perfect for a buy to let to produce a consistent cashflow.

The bright and airy apartment benefits from a fully fitted modern kitchen and modern Jack and Jill bathroom with three piece suite and ensuite, open plan living space with wrap around living room and also benefitting from an underground allocated parking space with lift access to your apartment.

Viewing is highly recommended, call now to view.

Room Dimensions Kitchen/Living Room: 4.06m x 6.67m Bedroom: 5.52m x 3.62m En Suite: 2.49m x 1.70 Bedroom: 3.61m x 3.54m Bathroom: 1.28m x 2.39m

Lease Information Lease Length: 107 years remaining Service Charge: Approximately £1800 per annum Ground Rent: £250 per annum

Selective Licensing Please check to find out if this property is within the Nottingham Selective Licensing area at

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.

Property details

Property type
Apartment
Council tax band
D
Tenure
Leasehold
Lease remaining
107 years left
Ground rent
£250 per year (Ask agent about the review period)
Service charge
£1,800 per year
Parking
Yes
Heating
Electric
Electricity
Mains supply
Water
Mains supply

Floorplan

Other

Location

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  • Lace Market Tram Stop0.0 mi
  • Old Market Square Tram Stop0.2 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
Apartment 40, Number One Fletcher Gate, Adams Walk
Nottingham NG1 1QP
Other
Leasehold
30 Jan 2026£150,000
Apartment 39, Number One Fletcher Gate, Adams Walk
Nottingham NG1 1QP
Flat
Leasehold
26 Mar 2025£150,000
Apartment 48, Number One Fletcher Gate, Adams Walk
Nottingham NG1 1QP
Flat
Leasehold
24 Feb 2025£165,000
Apartment 17, Number One Fletcher Gate, Adams Walk
Nottingham NG1 1QP
Flat
Leasehold
12 Jan 2024£137,500

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£1,000£20,000 deposit · £180,000 loan
Stamp Duty£1,500England 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 28 May 2024; details checked 7 Nov 2026. Latest change: added on 03/02/2025.

Agent disclaimer

Disclaimer - Property reference 2593. 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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