# 2 bedroom apartment for rent (NG7 1NQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 1, 226 DERBY ROAD, NOTTINGHAM, CITY OF NOTTINGHAM NG7 1NQ |
| Price | £1,300 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | E |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 110 m² |
| Last sold | £195,000 Aug 2022 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 09/03/2035
- **Current heating cost:** £1,392/year
- **Est. upgrade cost to C:** £10,100

### Recommendations
- Q (£4,000 - £14,000)
- W1 (£800 - £1,200)
- D (£80 - £120)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0975-1203-9705-3059-1304)

## Description

LettingaProperty are happy to offer this stylish styled apartment or flat property to rent located

in an  area of Nottingham. The property is available from 11-11-2024 for a minimum 12 months tenancy

and is let partial furnished. This great condition 2 bedroom, 2 bathroom property

benefits from these key features:

communal garden, allocated parking, no garage and gas heating system.

This wonderful home could be yours to rent for just £1,300.00 per calendar month and a deposit of £1,500.00.

**Details and exclusions:**

Rent amount per month: £1,300.00

Deposit amount: £1,500.002 bedrooms2 bathroomsProperty comes partial furnishedAvailable to move in from 11-11-2024Gas heating systemBills not includedAllocated parkingNo garageCommunal gardenEPC rating: B

**Viewing Arrangements - Property Ref: 8812**

To book a viewing at this property, call   and **quote ref: 8812**

## Property Photos

- ![Photo](/listings/photos/154817162/1573725)
- ![Photo](/listings/photos/154817162/1573726)
- ![Photo](/listings/photos/154817162/1573727)
- ![Photo](/listings/photos/154817162/1573728)
- ![Photo](/listings/photos/154817162/1573729)
- ![Photo](/listings/photos/154817162/1573730)
- ![Photo](/listings/photos/154817162/1573731)
- ![Photo](/listings/photos/154817162/1573732)
- ![Photo](/listings/photos/154817162/1573733)
- ![Photo](/listings/photos/154817162/1573734)
- ![Photo](/listings/photos/154817162/1573735)
- ![Photo](/listings/photos/154817162/1573736)
- ![Photo](/listings/photos/154817162/1573737)
- ![Photo](/listings/photos/154817162/1573738)
- ![Photo](/listings/photos/154817162/1573739)

## Floorplans

- ![Floorplan 1](/listings/photos/154817162/1573740) - Floorplan 1

## 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 | 0.1 miles | OpenRent |
| 2 Bed Flat, Raleigh Square, NG7 | £2,385/mo | 2 | 0.23 miles | OpenRent |
| 2 Bed Flat, Callum View, NG7 | £995/mo | 2 | 0.23 miles | OpenRent |
| 2 Bed Flat, Royal Victoria Court, NG7 | £1,250/mo | 2 | 0.28 miles | OpenRent |

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

## Rent-driven metrics

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

- **Gross yield:** 1036.6%
- **Monthly cashflow:** £981/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3121.2%

*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).*

## Price per Square Metre

- **£/m²:** £12/m²

## 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)