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Crusader House, Thurland Street

PROPERTY TYPE

Apartment

BEDROOMS

3

BATHROOMS

2

SIZE

1,386 sq ft

129 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

  • Established Investment: Tenants in situ until 19 August 2027, providing immediate rental income.
  • Rental Income: Currently producing £1,300 pcm, equating to £15,600 per annum.
  • Spacious Duplex: Approximately 1,386 sq. ft. of accommodation arranged across two levels.
  • Three Bedrooms: Generous three-bedroom layout with excellent proportions throughout.
  • Two En-Suites: Two upper-floor bedrooms benefit from their own en-suite facilities.
  • Open-Plan Living: Impressive kitchen, dining and living space measuring approximately 9.70m x 4.60m.
  • Private Balcony: Full-height glazing opens directly onto a useful private outdoor area.
  • Loft-Style Design: Exposed steelwork, timber flooring and high ceilings add distinctive character.
  • City Centre Location: Positioned on Thurland Street in the heart of Nottingham city centre.
  • Strong Tenant Appeal: Close to universities, transport links, shops, restaurants and leisure ameniti

Description

PROPERTY SUMMARY A distinctive and spacious three-bedroom duplex apartment offering approximately 1,386 sq. ft. of accommodation, currently being sold as an established investment with tenants in situ until 19 August 2027, paying £1,300 pcm. This provides a current annual rental income of £15,600, making the property particularly well suited to investors looking for an income-producing city-centre asset from completion.

The apartment has a particularly unusual layout, combining generous room proportions with an open-plan, industrial-style design. Exposed steelwork, timber flooring, high ceilings and large areas of glazing give the property plenty of character, while the split-level arrangement creates clear separation between the principal living accommodation and the upper-floor bedrooms.

The main level is centred around an impressive open-plan living, dining and kitchen area measuring approximately 9.70m x 4.60m, providing a substantial communal space for the occupants. The kitchen is fitted with contemporary cabinetry, contrasting work surfaces and integrated appliances, while a central island provides additional preparation space and helps divide the kitchen from the living area. The living section itself is generously proportioned and benefits from full-height glazed doors opening directly onto a private balcony, adding valuable outside space to the apartment.

Also positioned on the main level is Bedroom One, a comfortable double room measuring approximately 3.90m x 2.70m. The entrance hall provides access to the staircase and there is also a separate ground-floor WC, a useful feature within a three-bedroom investment property.

The upper floor provides two further sizeable bedrooms. Bedroom Two measures approximately 4.70m x 3.56m and benefits from its own en-suite shower room, while Bedroom Three measures approximately 5.40m x 2.68m and has access to an additional en-suite bathroom. The upper accommodation continues the apartment's loft-style feel, with timber flooring, exposed structural elements and open gallery-style areas overlooking parts of the accommodation below.

From an investment perspective, the property offers the benefit of an existing tenancy and immediate rental income rather than requiring a buyer to source tenants following completion. At the current rent of £1,300 per calendar month, the property produces £15,600 per annum, with the tenancy secured through to 19 August 2027.

Overall, this is a substantial and individual duplex apartment combining three bedrooms, two en-suite facilities, a separate WC, a large open-plan living space and private balcony, together with an established rental income. Its scale, layout and existing tenancy make it an appealing proposition for purchasers seeking a ready-made residential investment with tenants already in occupation. 

LOCATION SUMMARY Crusader House occupies a highly convenient position on Thurland Street in Nottingham city centre, placing the apartment right in the middle of one of the city's most established residential, retail and leisure areas. The location is particularly well suited to professionals, students and investors looking for strong access to the city's main amenities and transport links.

A wide range of shops, cafés, restaurants, bars and everyday services are available within a short walk, with the Victoria Centre, Clumber Street and the wider city-centre retail district all close by. The nearby Hockley and Lace Market areas provide a more independent mix of restaurants, coffee shops, bars and entertainment venues, helping make this part of the city especially popular with tenants who want to be within walking distance of Nottingham's social and cultural scene.

The apartment is also well positioned for several major employment and education destinations. Nottingham Trent University's city campus is easily accessible, while public transport links connect the area with the University of Nottingham, Queen's Medical Centre and other key employment areas across the city. This central position helps broaden the potential tenant base and supports demand from both students and working professionals.

For commuters, Nottingham city centre benefits from an extensive public transport network, with tram and bus services operating throughout the surrounding streets. Nottingham railway station is also within convenient reach, providing services to destinations including London, Birmingham, Leicester, Derby and Sheffield, while road connections lead towards the A52, A60 and wider regional network.

There are also numerous leisure and cultural attractions nearby, including Motorpoint Arena, Nottingham Contemporary, the Lace Market and Nottingham Castle, along with gyms, cinemas and entertainment venues throughout the city centre.

Overall, Crusader House offers an excellent combination of central convenience, transport accessibility, employment links and lifestyle amenities, making it a particularly practical location for an apartment investment and helping maintain strong appeal within Nottingham's city-centre rental market. 

ENTRANCE HALL Providing access into the apartment with stairs rising to the upper level and doors leading to the principal ground-floor accommodation. 

OPEN-PLAN KITCHEN / LIVING / DINING AREA A particularly spacious open-plan living space measuring approximately 9.70m x 4.60m, combining kitchen, dining and lounge areas. The kitchen is fitted with contemporary units, contrasting work surfaces, integrated appliances and a central island, while the living area benefits from high ceilings, exposed structural features and full-height glazing. 

BALCONY Accessed directly from the main living area, providing useful private outdoor space and extending the apartment's principal entertaining area. 

BEDROOM ONE A well-proportioned double bedroom measuring approximately 3.90m x 2.70m, positioned on the main level and offering flexible accommodation for tenants or guests. 

GROUND-FLOOR WC A useful separate WC positioned off the main hallway, adding practicality to the lower level. 

FIRST-FLOOR LANDING An open gallery-style landing connecting the two upper-floor bedrooms and continuing the apartment's distinctive duplex design. 

BEDROOM TWO A generous double bedroom measuring approximately 4.70m x 3.56m, with timber flooring, characterful exposed elements and access to a private en-suite shower room. 

EN-SUITE SHOWER ROOM Fitted with a shower enclosure, wash hand basin and WC, providing private facilities for Bedroom Two. 

BEDROOM THREE A spacious bedroom measuring approximately 5.40m x 2.68m, offering excellent floor space and benefiting from its own en-suite bathroom. 

EN-SUITE BATHROOM Serving Bedroom Three and fitted with a bath, wash hand basin and WC, providing a second private bathroom facility within the apartment. 

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: E
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.
Yes
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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Crusader House, Thurland Street

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Affordability

Monthly repayments£969
Property: £ 195,000
Deposit: £ 19,500
Interest rate: 5.24%
Term: 30 years
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Renovation potential
Recently sold & under offer
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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 101457012319. 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.
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