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2 bed property, in Pilcher Gate, £125,000
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2 bed flat

Pilcher Gate, Nottingham NG1
£125,000
-24.2%

Price History

Initial price £165,000
Apr 22, 2026 £125,000
Price Change -24.2%

Our Summary

  • Tenanted Investment opportunity
  • Tenanted Investment opportunity Two bedroom furnished apartment
  • Tenanted Investment opportunity| Two bedroom furnished apartment

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Description

This tenanted investment opportunity is a well-presented two-bedroom furnished apartment located in the heart of Nottingham's Lace Market, on the third floor of the popular Weekday Cross development. The property features an open-plan living room and kitchen with full range of appliances, a master bedroom with en-suite shower, wash basin, and WC, and a second bedroom ideal for a study or dressing room. The apartment also includes underground parking for one car and is within walking distance to the Lace Market Tram stop, train station, and city centre amenities.

The current tenant has been in place since summer 2024, and the property generates an estimated gross yield of 7.9%, increasing to 8.1% as of August 2025. The apartment is leasehold with a remaining term of 125 years, and the service charges and ground rent are £1386.91 and £75.00 bi-annually, respectively. Internal viewing is highly recommended.