1/20
£160,000
Flat · 2 beds · 691 sq ft
Low Pavement, Nottingham, NG1
0.04 miles away
1/11
1/11
1 bed flat for sale Drapers Bridge, Hounds Gate, NG1
Offers over
£140,000
Added on 16/09/2026
Added on 16/09/2026
- Type
- Flat
- Bedrooms
- 1
- Size
- £326 per sq ft
- Tenure
- Leasehold
Key features
- One Bedroom First Floor Apartment
- Situated In This Highly Regarded Conversion
- Excellent, Central Location
- Contemporary Finish Throughout
- Small Development Of Just 23 Apartments
- Currently Achieving A 8.14% Yield
- No Onward Chain
About this property
Situated in this desirable conversion of just 23 apartments of a former drapers and haberdashers, this one bedroom first floor apartment offers a contemporary blended seamlessly in a characterful building. The accommodation comprises of an entrance hall with storage cupboard, an open plan dual aspect living/dining/kitchen, double bedroom with fitted wardrobe and modern fitted shower room.
Floorplan
Council tax
Ask agent
Per year
- Band A£1,837
- Band B£2,143
- Band C£2,449
- Band D£2,755
- Band E£3,368
- Band F£3,980
- Band G£4,592
- Band H£5,511
The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Nottingham, 2026/27 bills run from £1,837 a year in band A to £5,511 in band H.
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.
Price guide
41 comparables · within 2.7 milesPriced above 88% of the 1-bed flats for sale nearby right now.
This home, £140,000 Median £90,000 · £65,000 – £150,000
Per square foot
£326 83% over
1-bed flats nearby £179
Against sold prices
48% over
NG1 sold median £220 / sq ft, 136 sales
Compared with 41 1-bed flats for sale within 2.7 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in NG1 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in NG1 →
Location
Drapers Bridge, Hounds Gate, NG1
Mortgage and stamp duty
Property price £140,000
£70k £210k
Deposit10% £14,000
£0 £140k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £126,000 mortgage. Most lenders would want a household income of about £28,000 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 12, Drapers Bridge, 17 - 21, Hounds Gate Flat / maisonette | Flat / maisonette | Feb 2022 | 452 sq ft £307/sq ft | 452 sq ft | £307 | £139,000 |
| Apartment 22, Drapers Bridge, 17 - 21, Hounds Gate Flat / maisonette | Flat / maisonette | Jan 2022 | n/a | n/a | n/a | £265,000 |
| Apartment 16, Drapers Bridge, 17 - 21, Hounds Gate Flat / maisonette | Flat / maisonette | Nov 2021 | 721 sq ft £277/sq ft | 721 sq ft | £277 | £200,000 |
| Apartment 8, Drapers Bridge, 17 - 21, Hounds Gate Flat / maisonette | Flat / maisonette | Mar 2021 | 710 sq ft £272/sq ft | 710 sq ft | £272 | £193,000 |
| Apartment 10, Drapers Bridge, 17 - 21, Hounds Gate Flat / maisonette | Flat / maisonette | Nov 2020 | 667 sq ft £277/sq ft | 667 sq ft | £277 | £185,000 |
| Apartment 22, Drapers Bridge, 17 - 21, Hounds Gate Flat / maisonette | Flat / maisonette | Dec 2018 | n/a | n/a | n/a | £285,000 |
| Apartment 23, Drapers Bridge, 17 - 21, Hounds Gate Flat / maisonette | Flat / maisonette | Oct 2018 | 1,044 sq ft £326/sq ft | 1,044 sq ft | £326 | £340,000 |
| Apartment 1, Drapers Bridge, 17 - 21, Hounds Gate Flat / maisonette | Flat / maisonette | Sept 2017 | 1,076 sq ft £242/sq ft | 1,076 sq ft | £242 | £260,000 |
Area insights
The neighbourhood around this property.
Marketed by
Martin & Co, Nottingham City
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