Listed for £219,950
March 12, 2026
Sold for £210,000
2015
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Investment Overview
Asking Price: £219,950
Current Rent: £1,750 PCM (£21,000 per annum)
Gross Yield: 9.55%
Annual Service Charge (01/04/2025 – 31/03/2026):
•Residential: £3,112.90
•Estate: £1,197.28
•Car Park: £264.96
Total: £4,575.14 per annum
Ground Rent: £471 per annum
Total Fixed Annual Costs: £5,046.14
Net Income (before tax and management): £15,953.86 per annum
Net Yield (before tax): 7.26%
Location
Nottingham One is a well-regarded modern development on Canal Street, ideally positioned within walking distance of:
•Nottingham Train Station
•The Lace Market and Hockley
•Nottingham Castle
•A wide range of restaurants, bars and retail amenities
Its central location and strong specification make it consistently attractive to professional tenants and city centre residents.
Tenure (Vendor Advised)
Lease Term: 125 years from April 2009
Approximate Lease Remaining: 108 years
Ground Rent: £471 per annum
EWS1 Certificate: Available - A2 Rated
A rare opportunity to acquire a refurbished duplex penthouse in turnkey condition, with secure parking and strong rental fundamentals in one of Nottingham’s most established city centre developments.
Further units within the block are available from the same vendor.
Viewings are highly recommended.