Proppys
NG1Nottingham

Nottingham City Centre

Nottingham City Centre investment guide. Average gross yield 7.7%, tenant's market rental demand.

7.7%avg gross yield
£160kavg sold price (166 sales, 12mo)
Tenant's marketrental demand
Article 4: No· Permitted development applies
Last updated April 2026
Average Gross Yield
7.7%
+4.0% vs Nottingham avg (3.7%)
Average Asking Price
£160,000
high confidence (166 sales)
Est. Monthly Rent
£1,143
2-bed · 3-bed £1,547 · 9.1% yield
Price Per Sq Ft
£229
City avg £263/sqft · 34 below average
Estimated Rent by Bedroom Count
Average asking rent and gross yield per bedroom count in NG1
1-bed
£838
per month
11.5% yield
2-bed
£1,143
per month
9.1% yield
3-bed
£1,547
per month
6.7% yield
4-bed
£2,096
per month
8.5% yield
Ownership mix
NG1 vs UK average · 14,142 dwellings · Source: ONS Census 2021
Landlord-heavy: 53% privately rented (btl) (32pp higher than the UK average of 20%).
Owned outrightNo mortgage on the property
10.4%(UK 32.9%)
-22.5pp vs UK
Owned with mortgageIncluding shared ownership
11.1%(UK 29.7%)
-18.6pp vs UK
Privately rented (BTL)Private landlord or letting agent
52.5%(UK 20.3%)
+32.2pp vs UK
Socially rentedCouncil or housing association
26.0%(UK 17.1%)
+8.9pp vs UK
Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).
Yield by Property Type
Gross yield breakdown across property types in NG1
PropertyData.co.uk
TypeGross YieldAvg PriceAvg Rent/mo
Terraced6.4%£229,222£1,228
Semi-detached7.7%£229,230£1,473
Flat9.4%£147,630£1,160

Explore by strategy

Live data for each property type across Nottingham.

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About Nottingham City Centre (NG1, Nottingham)

NG1 is Nottingham's prime city centre postcode, attracting investors seeking strong rental yields averaging 7.7%. The area benefits from high tenant demand, excellent transport links, and proximity to employment hubs, universities, and leisure facilities that sustain consistent occupancy rates.

The tenant demographic is predominantly young professionals and students, with particular demand for 1-2 bedroom properties that command £838-£1,143 monthly rents. This market composition reflects the area's appeal to city workers and university populations seeking convenient, walkable urban living.

Investors should monitor the tenant's market conditions, which may apply downward pressure on rents during economic uncertainty or oversupply periods. Additionally, city centre properties can experience higher void periods and maintenance costs, whilst ongoing city regeneration projects may temporarily affect accessibility and desirability.

Sold Price Trend - NG1
Average sold price, last 8 quarters
+4.8% over 2 years
Flip Activity - NG1
Same-property resales within 18 months, last 24 months
No flips meeting our 15% uplift threshold recorded in NG1 over the last 24 months.
Planning & Licensing - NG1
Restrictions that affect HMO and buy-to-let investors in this postcode district
Article 4 Direction (HMO)Not in effect
HMOs of up to 6 occupants (C4 use class) can be created without planning permission in this area.
Selective LicensingNot in effect
Additional HMO LicensingNot in effect
Planning restriction data not yet verified for this area.
Planning information is for guidance only. Always verify with the local planning authority before purchasing. Data correct as of April 2026.
Nearby Postcodes
Adjacent areas with comparable investment profiles
NG78.8%
City Centre & Lace Market
Nottingham
View area guide
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Compare investment profiles across the region. Yields from PropertyData, medians from Land Registry.
NG78.8%
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Median £173k
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LE35.0%
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LN64.6%
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NN34.6%
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Median £263k
NG24.5%
Nottingham
Median £286k
LE24.2%
Leicester
Median £250k
LN14.2%
Lincoln
Median £227k
S434.2%
Chesterfield
Median £179k
NN44.1%
Northampton
Median £298k
S414.1%
Chesterfield
Median £188k
LN24.0%
Lincoln
Median £220k
NG184.0%
Mansfield
Median £187k
LE53.9%
Leicester
Median £265k
DE223.9%
Derby
Median £239k
DE233.9%
Derby
Median £209k
S403.8%
Chesterfield
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View full East Midlands region guide