# 2 bedroom apartment for rent (NG7 1NQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 2, DOUGLAS HOUSE, 226, DERBY ROAD, NOTTINGHAM, CITY OF NOTTINGHAM NG7 1NQ |
| Price | £1,350 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Last sold | £175,000 Apr 2020 |

## Description

*Available February* Beautifully presented two bedroom, first floor apartment on the very edge of 'The Park' in Nottingham. With stunning period features, blended with a new, bright and modern kitchen; this property is guaranteed to receive lots of interest. Please call Frank Innes West Bridgford To View!

The property briefly comprises of:

Entrance Stairway:

Ann inviting, winding stairway leads to the apartment door, which faces the fabulous original stained glass windows - inkeeping with the property's real character feel in all its glory.

Kitchen:

Immacutely presented, with modern fitted units and white worktops and a large breakfast bar. There is an integral oven and hob as well as fridge/freezer, along with seperate washing machine and tumble dryer. There is also an optional dining table and chairs, as well as bar stools.  

Living Room:

Large and bright benefitting from the generously sized windows, which allow the natural light to pour through. There is a period feature fireplace and neutrally coloured carpet. In addition, a side door leads to an external romantic balcony, over looking vast views of greater Nottingham and the top of Wollaton Hall on the horizon, the perfect setting on a summer evening. 

Bathroom:

Good sized shower over bath, with wash basin and WC, finished with tasteful floor tiling for added flair. 

Master Bedroom:

Extremely large, ample space for storage, bedroom furniture and even a king size bed!

En Suite:

Shower cubicle with wash basin and WC off the master bedroom.

Bedroom 2:

Another enormous double bedroom with large windows giving lots of natural light and neutrally coloured.  

Outside: 

The property has off street parking for one car off Douglas Road.   

All local amenities are easily accessible, with Derby Road being on the edge of The Park, and then leading down to the city centre where bars, cafes, shops are a plenty, with all that Nottingham has to offer. 

Nottingham is situated very well to the M1, A52, A46, A60 and A50, as well as this property's excellent proximity to a plethora of inner city transport links (bus station, tram line and Nottingham train station) and is particularly close to the main ring road through the city. Council Tax Band:  Holding Deposit: £311.00

## Property Photos

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## EPC Graphs

- ![Safety Inspection](/listings/photos/156819305/1573766) - Safety Inspection

## Rental Range

*ONS Price Index of Private Rents (Nottingham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £908/mo
- **Realistic:** £1,009/mo
- **Optimistic:** £1,110/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Nottingham (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £648/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Derby Road, NG7 | £960/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Flat, Callum View, NG7 | £995/mo | 2 | 0.24 miles | OpenRent |
| 2 Bed Flat, Raleigh Square, NG7 | £2,385/mo | 2 | 0.24 miles | OpenRent |
| 2 Bed Flat, Royal Victoria Court, NG7 | £1,250/mo | 2 | 0.29 miles | OpenRent |

**Average rent: £1,398/mo (4 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,123/mo).*

- **Gross yield:** 998.2%
- **Monthly cashflow:** £980/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3005%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)