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1 bed flat for sale Kings Court, Lace Market, NG1

OIRO

£120,000

Added on 24/09/2026

Type: Flat
Bedrooms: 1
Tenure: Leasehold; 965 years left(from the agent's description)

Ground rent £836 a year Council tax Band C £2,449 a year

* From the agent's description. Check it with them before you rely on it.

Key features

Secure allocated underground parking
Prime Lace Market location
965 years remaining on the lease
Chain free
Period conversion with character features
Lift access

About this property

Stylish One-Bedroom Apartment with Secure Underground Parking in Nottingham’s Lace Market

Kings Court, Commerce Square, Nottingham, NG1 1HS Offers Over £120,000

A fantastic opportunity to acquire a stylish one-bedroom apartment in the heart of Nottingham’s historic and highly sought-after Lace Market, complete with secure allocated underground parking. Set within an attractive period conversion, this well-presented apartment combines character and contemporary city living. With lift access, an impressive communal atrium and a tenant currently in situ, the property is particularly appealing to investors, while also offering an excellent city-centre home for owner-occupiers.

Council tax

Band C £2,449 a year

Per year

Band A

£1,837
Band B

£2,143
Band C

This home: £2,449
Band D

£2,755
Band E

£3,368
Band F

£3,980
Band G

£4,592
Band H

£5,511

This home is in band C, which costs £2,449 a year in Nottingham for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Nottingham, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

41 comparables · within 2.5 miles

Priced above 76% of the 1-bed flats for sale nearby right now.

This home, £120,000 Median £90,000 · £65,000 – £150,000

Compared with 41 1-bed flats for sale within 2.5 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Kings Court, Lace Market, NG1

Open map Street View

Mortgage and stamp duty

Property price £120,000

£60k £180k

Deposit10% £12,000

£0 £120k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £108,000 mortgage. Most lenders would want a household income of about £24,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Apartment 13, Kings Court, Commerce Square Flat / maisonette	Flat / maisonette	Jun 2025	753 sq ft £186/sq ft	753 sq ft	£186	£140,000
Apartment 5, Kings Court, Commerce Square Flat / maisonette	Flat / maisonette	Jun 2023	1,055 sq ft £218/sq ft	1,055 sq ft	£218	£230,000
Apartment 12, Kings Court, Commerce Square Flat / maisonette	Flat / maisonette	Nov 2021	549 sq ft £277/sq ft	549 sq ft	£277	£152,000
Apartment 17, Kings Court, Commerce Square Flat / maisonette	Flat / maisonette	Jul 2021	721 sq ft £236/sq ft	721 sq ft	£236	£170,000
Apartment 1, Kings Court, Commerce Square Flat / maisonette	Flat / maisonette	Apr 2021	1,163 sq ft £206/sq ft	1,163 sq ft	£206	£240,000
2a, Commerce Square Flat / maisonette	Flat / maisonette	Feb 2021	1,066 sq ft £206/sq ft	1,066 sq ft	£206	£220,000
Apartment 30, Kings Court, Commerce Square Flat / maisonette	Flat / maisonette	Jun 2020	1,087 sq ft £308/sq ft	1,087 sq ft	£308	£335,000
Apartment 20, Kings Court, Commerce Square Flat / maisonette	Flat / maisonette	Oct 2019	1,335 sq ft £202/sq ft	1,335 sq ft	£202	£270,000