Drapers Bridge

INVESTMENT OPPORTUNITY | TENANTED BUY-TO-LET

12 Drapers Bridge, Nottingham City Centre,

£145,000 | 7.4% Gross Yield | Tenants in Situ

INVESTMENT SUMMARY

Asking Price: £145,000
Current Rental Income: £890 pcm (£10,680 per annum)
Gross Yield: 7.4%

Potential Rental Income: £950 pcm (£11,400 per annum)

Potential Yield: 7.9%
Net Yield: Approximately: 6.3%

Potential Net Yield Approximately: 6.8%
Tenancy Status: Let with tenants in situ – immediate income stream
Lease: 250 years
Ground Rent: £125 per annum
Service Charges: £1,452 per annum

WHY INVEST IN NOTTINGHAM CITY CENTRE?

Strong Rental Market Fundamentals: Nottingham’s city centre continues to demonstrate robust rental demand driven by multiple factors:

• Major Educational Hub: Home to two universities (University of Nottingham and Nottingham Trent University) with over 60,000 students creating sustained rental demand
• Growing Professional Sector: Expanding finance, technology, and creative industries attracting young professionals to the city centre
• Transport Connectivity: Excellent rail links to London (1hr 45mins), Birmingham (1hr), and Manchester, with the HS2 hub at nearby East Midlands Parkway enhancing future connectivity
• Regeneration Investment: Significant ongoing investment in Nottingham’s city centre, including the £250m Broadmarsh redevelopment, driving capital appreciation potential
• Rental Supply Constraints: Limited new-build city centre stock maintaining strong rental values and low void periods

Prime Location Benefits: Situated between Nottingham Castle and the historic Lace Market, this property sits in one of the city’s most desirable postcodes, offering tenants:

• Walking distance to major employers, shopping districts, and entertainment venues
• Proximity to universities ensuring strong tenant pool
• Access to vibrant nightlife, restaurants, and cultural attractions
• Excellent transport links including Nottingham Railway Station

PROPERTY HIGHLIGHTS

Specification:

• One spacious double bedroom
• One modern bathroom with walk-in shower
• Open-plan living, kitchen, and dining area
• High-quality contemporary finish throughout
• Integrated kitchen appliances (fridge/freezer, dishwasher, washer/dryer)
• Abundant natural light
• First-floor apartment with lift access
• Well-maintained communal areas

Investment Advantages:

• EWS1 Exempt – No cladding concerns ensuring smooth mortgage processing and future saleability
• Tenants in Situ – Immediate rental income from day one, no void period
• 250-Year Lease – Excellent security for long-term capital growth
• Turnkey Investment – No refurbishment required, ready to generate returns immediately
• Professional Finish – High specification appeals to quality tenants, reducing void risk
• Sought-After Development – Well-managed building with strong tenant demand

FINANCIAL OVERVIEW

INVESTMENT STRATEGY

This property is ideal for:

• Buy-and-Hold Investors seeking stable, long-term cash flow in a proven rental location with strong capital appreciation prospects
• Portfolio Diversification for investors looking to add a high-yielding Midlands asset to balance London-centric holdings
• First-Time Investors requiring a turnkey, professionally tenanted property with immediate returns and straightforward management
• Pension/SIPP Investment for those seeking tax-efficient, income-generating assets with minimal hands-on management

AREA INVESTMENT CREDENTIALS

Nottingham city centre continues to outperform regional averages:

• Strong rental yield compared to national buy-to-let average of 4-5%
• Low tenant void periods due to sustained demand
• Capital appreciation driven by ongoing regeneration
• Established institutional investor presence validating market fundamentals
• Diverse tenant demographic reducing reliance on single sector

LET PURE INVESTOR TAKE THE STRAIN AWAY …..

We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we offer a fully managed service for landlords looking to minimise costs and maximise efficiency across their portfolio.

✅ Fully managed lettings and property management service

✅ Comprehensive coverage throughout England and Wales

✅ One team, one fee across your full portfolio

✅ Rental income protection available

✅ Transfer your existing properties quickly and easily

If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: 0161 337 3890 to find out more

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