2 bed flat for sale

Portland Square, Raleigh Street NG7

**lease extension** This ground floor apartment is offered as a ready-made investment, currently let to tenants under a fixed term agreement from 25th July 2025 to 23rd July 2026, producing £250.00 per week which equates to £13,000 per annum. This provides an impressive gross yield of 9.6% delivering immediate income alongside long term security. The property has also recently benefited from a lease extension and will be sold with 999 years remaining, offering peace of mind to any investor.

Portland Square on Raleigh Street offers one of Nottingham's most reliable investment addresses, combining a central location with consistently strong rental demand. Positioned within walking distance of Nottingham Trent University and the city centre, it appeals to a wide tenant base including students, graduates, professionals, and young families, ensuring year-round occupancy.

Property summary This ground floor apartment is offered as a ready-made investment, currently let to tenants under a fixed term agreement from 25th July 2025 to 23rd July 2026, producing £250.00 per week which equates to £13,000 per annum. This provides an impressive gross yield of 9.6% delivering immediate income alongside long term security. The property has also recently benefited from a lease extension and will be sold with 999 years remaining, offering peace of mind to any investor.

The accommodation extends to approximately 704.9 sq. Ft. And is designed with practicality and modern living in mind. At its heart is a spacious open plan kitchen and living room, filled with natural light and enhanced by French doors that open directly onto a private patio. The kitchen is fitted with contemporary units, ample work surfaces and integrated appliances, combining functionality with a clean, modern aesthetic.

There are two well proportioned bedrooms, with the main bedroom offering generous space suitable for a double bed and furnishings. The second bedroom is equally versatile, lending itself well to guest accommodation, a home office or study. A well presented bathroom fitted with a three piece suite and shower over bath serves the apartment, adding to its overall convenience.

Externally the property benefits from excellent parking arrangements including off road parking, secure gated entry and an allocated parking space within the development. This enhances both security and ease of use for residents. The communal grounds are well maintained, contributing to a welcoming setting for tenants and visitors alike.

Location summary Portland Square on Raleigh Street offers one of Nottingham's most reliable investment addresses, combining a central location with consistently strong rental demand. Positioned within walking distance of Nottingham Trent University and the city centre, it appeals to a wide tenant base including students, graduates, professionals, and young families, ensuring year-round occupancy. The presence of both major universities and large employers across the city underpins a stable rental market, with high demand for well-presented apartments in this immediate area.

Connectivity is a key strength, with tram and bus stops located nearby providing quick links across Nottingham. Nottingham railway station is also within easy reach, offering direct services to London St Pancras in under two hours, making the area attractive to commuting tenants. Road links are equally convenient, with the A52 and M1 accessible for travel further afield.

The location is further enhanced by lifestyle amenities on the doorstep. Tenants benefit from a wide selection of shops, supermarkets, cafés, bars, and restaurants within walking distance, alongside leisure facilities, gyms, and cultural attractions. The Arboretum, a historic 19th-century park, provides an escape from city life with its landscaped gardens and open green space just a short walk away.

For investors, Portland Square represents a secure proposition with a proven track record of strong yields, low void periods, and long-term capital appreciation driven by the area's popularity and ongoing city investment. Its mix of convenience, rental appeal, and strong fundamentals makes it one of the most desirable spots in Nottingham for buy-to-let portfolios.

Entrance hall A welcoming hallway providing access to all rooms, finished with neutral décor and practical storage space.

Living room / kitchen A spacious open plan living area filled with natural light, featuring French doors that open directly onto a private patio. The kitchen is fitted with a modern range of wall and base units, integrated appliances, and ample work surfaces, creating a sociable hub for dining and relaxation.

Bedroom one A generous double bedroom offering plenty of space for furnishings, ideal as the main sleeping accommodation.

Bedroom two A well-proportioned second bedroom with flexibility to be used as a guest room, home office, or study depending on tenant requirements.

Bathroom A modern three-piece suite comprising a panelled bath with shower over, wash basin, and WC, all finished with contemporary fittings and tiling.

Outside The apartment enjoys direct access to a private patio area, along with well-maintained communal grounds. Secure gated parking and an allocated parking space are also included, with additional off-road parking available within the development.

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Disclaimer Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.

Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.

Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you.