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Portland Square, Raleigh Street

PROPERTY TYPE

Ground Flat

BEDROOMS

2

BATHROOMS

1

SIZE

705 sq ft

65 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Open-plan layout: Appeals to tenants seeking modern living space.
  • Two double bedrooms: Increases rental appeal and flexibility.
  • Contemporary bathroom: Low maintenance with durable fittings.
  • Leasehold in managed block: Provides hassle-free ownership.
  • Naturally bright interior: Enhances tenant satisfaction and demand.
  • Turnkey condition: Ready for immediate let with no upfront works.
  • Excellent transport links: Attracts working professionals and commuters.
  • Central location: Close to amenities that boost tenant interest.
  • Rental potential of £1,083.33 pcm: Delivers strong monthly return.
  • Efficient design: Maximises usable space and tenant comfort.

Description

PROPERTY SUMMARY Located in a well-connected area of Nottingham, this two-bedroom ground floor flat offers a ready-to-let investment opportunity with strong rental appeal. The layout is practical and modern, featuring an open-plan reception and kitchen space designed for low-maintenance living. The property is fully prepared for immediate occupancy, reducing void periods and upfront costs.

This leasehold flat sits within a well-maintained building, with a monthly service charge of £183.30 covering communal upkeep-ideal for hands-off landlords seeking predictable management costs.

Positioned close to the town centre, the property benefits from strong tenant demand due to its proximity to retail, hospitality, and local employment hubs. Excellent transport links further enhance the location's appeal, attracting professionals and commuters alike.

With a projected rental income of £1,083.33 per calendar month, this flat offers a solid gross yield and steady long-term return. The modern finish, central location, and move-in ready condition make this a straightforward addition to any portfolio. 

LOCATION SUMMARY Portland Square is ideally located on Raleigh Street in the heart of Nottingham, placing it within walking distance of the city centre, Nottingham Trent University, and a range of local amenities. The area is highly sought after by professionals, students, and young renters due to its excellent connectivity and lifestyle convenience.

Residents benefit from nearby tram and bus links, offering quick access across the city and to Nottingham's main train station. The location is well-served by supermarkets, gyms, cafes, and restaurants, while the popular Arboretum Park and the cultural quarter of Hockley are also close by.

With strong demand for rental properties in the area and a consistent flow of tenants seeking city-centre living, Portland Square represents a solid opportunity for investors targeting reliable rental income and long-term capital growth. 

RECEPTION ROOM / KITCHEN A spacious, open-plan living and kitchen area that appeals to tenants looking for a modern, sociable layout. The space includes room for both lounge and dining setups, with a fully fitted kitchen that's easy to maintain-ideal for long-term letting. 

BEDROOM ONE A well-sized main bedroom offering strong tenant appeal, with space for a double bed and storage. Positioned for privacy, it ensures a quiet retreat away from the main living areas. 

BEDROOM TWO Flexible in use, the second bedroom suits sharers, small families, or work-from-home tenants. Its versatility helps broaden your rental market, whether targeting young professionals or small households. 

BATHROOM Modern and clean, the bathroom features durable fittings including a full bath with overhead shower-minimising maintenance needs while meeting tenant expectations for quality. 

FREE PROPERTY VALUATION Why Choose Tristram's?

- Exceptional Service: Experience the difference with Tristram's renowned service. Our dedicated team goes above and beyond to ensure your needs are not just met but exceeded at every turn.

- Rave Reviews: Don't just take our word for it! Explore our glowing reviews on Google, where satisfied clients sing our praises. Discover why Tristram's Sales & Lettings stands out from the crowd!

What We Offer:

- Free Valuation: Gain insights into your property's true value with our complimentary valuation service. Unlock hidden opportunities and maximize your return on investment.

- Expert Advice: Benefit from personalized, expert advice tailored to your unique goals and circumstances. We're here to guide you through every decision, ensuring you're empowered to make the best choices for your property.

- Results-Driven Approach: From strategic marketing to finding the perfect buyer or tenant, Tristram's delivers results that exceed expectations. Let us unleash the full potential of your property and propel you towards your real estate dreams!

Ready to embark on your property journey with confidence? Contact Tristram's today and let's turn your aspirations into reality! 

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. 
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Off street,Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Portland Square, Raleigh Street

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About Tristrams Sales & Lettings, Nottingham

260-262 Derby Road, Bramcote, Nottingham, NG9 3JN
Industry affiliations:

Tristram's are a forward thinking and pro-active estate agency who pride ourselves on offering honest and accurate advice when it comes to dealing with your potential move. Tristram's are an independent estate agency situated in Bramcote, Nottingham who largely contribute to the growth of the market in all of Nottingham and the surrounding areas. We strive for better marketing, a better service and better results. This is done by constantly reviewing how the market is evolving and what reacts best to these changes. For transparency we advertise our fees for the various marketing packages we offer to suit your individual needs, we understand that all people are different and require different methods, therefore we don't believe there is a one size fits all approach.

We understand that selling a property is not only a financial move but also an emotional one, therefore your potential move is treated with a personal service, the upmost respect and care from start to finish. Our clients reviews can be seen in depth on our Google and Facebook webpages which demonstrates this.

To ensure a stress free move we employ the most effective marketing methods and practices to ensure that we sell your property for the best possible price within a timescale that suits your situation.

We strive for better marketing, a better service and better results. This is done by constantly reviewing how the market is evolving and what reacts best to these changes.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£568
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 101457010027. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Tristrams Sales & Lettings, Nottingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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