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Pilcher Gate, Lace Market, Nottingham, NG1
For sale
£160,000Guide price

Pilcher Gate, Lace Market, Nottingham, NG1 1QF

2bedrooms
2bathrooms
Flattype
Leaseholdtenure

Listed 27 Mar 2026 · Nottingham

How the price compares

This home£160,000
Median 2 bed in NG1£160k31 homes listed · £215 per sq ft
Difference0%in line with the area

Key features

  • Ready To Let
  • Allocated Parking
  • Open Plan Living
  • Two Bedroom Apartment
  • Bathroom + Ensuite
  • City Centre Location
  • Investment Opportunity
  • Sold with Tenant in Situ
  • EPC - C
  • Council Tax - D

About this home

*CALLING INVESTORS* This well-presented two-bedroom modern apartment offers stylish city living in a highly convenient central location. Positioned on the ground level with access to a courtyard and lift access to street level, the property combines comfort with practicality. The accommodation features a spacious open-plan kitchen and living area, creating a bright and sociable space ideal for both relaxing and entertaining. There are two generously sized bedrooms, including a principal bedroom benefiting from an en-suite, alongside a contemporary main bathroom. Further advantages include an allocated parking space and a secure intercom entry system accessed via reception, adding both convenience and peace of mind. The property is being sold with a tenant in situ, presenting an excellent investment opportunity, and is offered with no onward chain for a smooth and straightforward purchase. The current rent achieved is £1,150pcm / £13,800pa meaning a gross yield of 8.6% Material Information:  Tenure: Leasehold Lease Length: 125 Years Remaining Service Charge - £2,748pa Ground Rent - £150pa Council Tax - D  EPC - C These sales particulars have been prepared by Belvoir upon the instruction of the vendor. Any services, equipment and fittings mentioned in these sales particulars have NOT been tested, and accordingly, no warranties can be given. Prospective purchasers must take their own enquiries regarding such matters. These sales particulars are produced in good faith and not intended to form part of a contract. EPC rating: C. Tenure: Leasehold, Service charge description: Lease Details: Lease Length: 125 Years Remaining Service Charge - £2,748pa Ground Rent - £150pa ,

Property details

Property type
Flat
Council tax band
D
Tenure
Leasehold
Ground rent
£150 per year (Ask agent about the review period)
Service charge
£2,748 per year
Parking
Off street, Private
Heating
Electric
Electricity
Mains supply
Water
Mains supply
Accessibility
Higher than 2nd floor (no lift)

Floorplan

Floorplan

Location

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1 on this map

  • Lace Market Tram Stop0.1 mi
  • Old Market Square Tram Stop0.2 mi
  • Station St Tram Stop0.3 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 610, Weekday Cross Building, Pilcher Gate
Nottingham NG1 1QF
Flat
Leasehold
29 Jun 2026£250,000
Apartment 207, Weekday Cross Building, Pilcher Gate
Nottingham NG1 1QF
Flat
Leasehold
14 Oct 2025£135,000
Apartment 6, Sherwin House, 41, Pilcher Gate
Nottingham NG1 1QE
Other
Leasehold
14 Mar 2025£260,000
Apartment 309, Weekday Cross Building, Pilcher Gate
Nottingham NG1 1QF
Flat
Leasehold
6 Sept 2024£135,000
Apartment 204, Weekday Cross Building, Pilcher Gate
Nottingham NG1 1QF
Flat
Leasehold
22 Mar 2024£157,000
Apartment 304, Weekday Cross Building, Pilcher Gate
Nottingham NG1 1QF
Flat
Leasehold
22 Mar 2024£157,000
Apartment 405, Weekday Cross Building, Pilcher Gate
Nottingham NG1 1QF
Flat
Leasehold
28 Feb 2024£147,500
Apartment 214, Weekday Cross Building, Pilcher Gate
Nottingham NG1 1QF
Flat
Leasehold
26 Jan 2024£170,000

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£800£16,000 deposit · £144,000 loan
Stamp Duty£700England 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 Belvoir, Nottingham on Rightmove (original listing). First listed 27 Mar 2026; details checked 7 Nov 2026. Latest change: added on 27/03/2026.

Agent disclaimer

Disclaimer - Property reference P1238. 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 Belvoir, 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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