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Hanley House, Hanley Street, City Centre

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

591 sq ft

55 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

  • No Onward Chain: A straightforward purchase opportunity with no vendor chain.
  • Two Double Bedrooms: Well-proportioned rooms ideal for sharers, guests or home working.
  • Two Bathrooms: Includes a private en-suite and a separate main bathroom.
  • Stylish Open-Plan Living: A bright kitchen, dining and lounge space made for entertaining.
  • Strong Investment Potential: Potential rent of £1,300 pcm with a 12.00% gross ROI.
  • Residents’ Swimming Pool: Enjoy access to an exclusive indoor leisure facility.
  • Central City Living: Perfectly positioned for Nottingham’s vibrant city-centre lifestyle.
  • Excellent University Access: Convenient for Nottingham Trent University and Business School.
  • Superb Transport Connections: Easy access to trains, trams and frequent bus routes.
  • Everything Close By: Shops, restaurants, bars and everyday amenities are within easy reach.

Description

PROPERTY SUMMARY No Chain! This spacious and well-arranged two-bedroom apartment offers approximately 590 sq. ft. of accommodation and presents an appealing opportunity for both owner-occupiers and buy-to-let investors. The property benefits from a practical two-bedroom, two-bathroom layout, a generous open-plan living space, useful built-in storage and access to residents' leisure facilities.

Upon entering the apartment, the hallway provides access to the main accommodation and incorporates a useful storage cupboard, ideal for coats, household equipment and general belongings.

The main living area is a particularly impressive feature of the property. It combines the kitchen, dining and lounge areas within one bright and sociable open-plan space. Large windows allow plenty of natural light into the room and help create a pleasant sense of space, while the layout provides clearly defined areas for relaxing, dining and entertaining.

The kitchen is fitted with a striking range of high-gloss red wall and base units, complemented by contrasting dark work surfaces and splashbacks. The arrangement includes an integrated oven, sink and drainer, fitted storage and space for additional appliances. The long run of cabinetry provides a good amount of preparation space and storage, while the open design allows the kitchen to remain connected to the living and dining areas.

There is ample room for a dining table and chairs, making the apartment suitable for everyday meals, working from home or entertaining guests. The lounge section can comfortably accommodate sofas, occasional furniture and a television unit without compromising the dining space. Full-height windows further enhance the room and provide an attractive outlook from the apartment.

The master bedroom is a well-proportioned double room with sufficient space for a double bed, bedside furniture and additional storage. Built-in wardrobes provide valuable fitted storage and help maximise the usable floor area. The bedroom also benefits from its own private en-suite shower room, making it particularly appealing for couples, professional sharers or tenants.

The en-suite is fitted with a shower enclosure, wash basin and WC, with tiled walls and flooring creating a practical, low-maintenance finish. The inclusion of a private en-suite gives the apartment a strong advantage over many standard two-bedroom properties and adds further flexibility to the accommodation.

Bedroom two is another generously sized room and is capable of accommodating a double bed, wardrobe, chest of drawers and a desk. This makes it suitable as a second double bedroom, guest room or dedicated home office. Its proportions should appeal to investors seeking accommodation suitable for two professional occupants rather than a property with one double room and a much smaller single bedroom.

The main bathroom is fitted with a bath and shower over, wash basin and WC. The room is finished with contemporary tiling and also includes a heated towel radiator. Having both a main bathroom and a separate en-suite is a valuable feature, particularly within the rental market, as it offers greater privacy and convenience for occupiers.

The apartment forms part of a modern purpose-built development and benefits from secure communal access. Residents also have access to an indoor swimming pool, providing an additional lifestyle feature that may enhance the property's appeal to both tenants and owner-occupiers. The property's overall configuration is particularly well suited to the investment market. The combination of two usable bedrooms, two bathrooms, an open-plan kitchen and living area, integrated storage and leisure facilities should help support strong tenant demand.

The apartment has the potential to generate approximately £1,300 per calendar month, producing a projected annual rental income of £15,600. Based on the proposed purchase price, this equates to a potential gross return on investment of approximately 12.00%.

This level of projected income makes the property an attractive option for investors seeking a modern, manageable apartment with strong rental potential. The two-bedroom, two-bathroom arrangement may also allow the property to appeal to professional sharers, couples, postgraduate tenants or occupants requiring a separate home-working space. 

LOCATION SUMMARY Hanley House occupies a prime position on Hanley Street in Nottingham city centre, one of the most sought-after rental locations in the city. Its central setting ensures strong and consistent tenant demand, particularly from professionals, postgraduates, and corporate tenants seeking both convenience and lifestyle.

The development sits within walking distance of Nottingham Trent University, Nottingham Business School, and the city's major employers, including Capital One, Experian, and Boots' head office. The location is equally well connected for commuters, with Nottingham Station less than a 15-minute walk and frequent tram and bus services on the doorstep, linking directly to the wider city and beyond.

Tenants benefit from immediate access to Nottingham's extensive retail, dining, and entertainment options, with the Victoria Centre, Theatre Royal, and Lace Market all within easy reach. The area's vibrant café culture, bars, and gyms further add to its appeal for young professionals and students alike.

From an investment perspective, Hanley House is particularly attractive due to its strong reputation, exclusive on-site leisure facilities, and secure underground parking - features that set it apart from typical city apartments and support premium rental values. This combination of high tenant demand, excellent amenities, and city centre convenience ensures strong occupancy rates and reliable rental income. 

ENTRANCE HALL A welcoming entrance hall providing access to all rooms, complete with a useful storage cupboard ideal for coats, shoes, or household essentials. 

OPEN-PLAN KITCHEN AND LIVING AREA The heart of the apartment, offering a bright and versatile space for cooking, dining, and relaxing. The kitchen is fitted with sleek wall and base units, integrated appliances, and ample worktop space. The living area benefits from large windows that flood the room with natural light, creating an inviting space for tenants. 

BEDROOM ONE A spacious double bedroom featuring built-in wardrobes for convenience and a modern en-suite shower room. Well-presented and positioned for privacy, this bedroom is an attractive feature for long-term tenants. 

EN-SUITE SHOWER ROOM Stylish and functional, fitted with a walk-in shower, wash hand basin, and WC. Finished with contemporary tiling and modern fittings. 

BEDROOM TWO A well-proportioned second double bedroom with neutral décor, suitable for use as a guest room, study, or secondary tenant room. 

BATHROOM A modern three-piece suite comprising bath with overhead shower, wash hand basin, and WC. Finished with contemporary tiling and chrome fittings for a clean, practical finish. 

STORAGE CUPBOARD Convenient hallway storage providing space for everyday household items. 

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: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Off street
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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Hanley House, Hanley Street, City Centre

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Affordability

Monthly repayments£652
Property: £ 130,000
Deposit: £ 13,000
Interest rate: 5.33%
Term: 30 years
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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.
Renovation potential
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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.

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Disclaimer - Property reference 101457010557. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.