Nottingham Property Investment
This East Midlands powerhouse is a fantastic place to expand or start your property portfolio.
Why Invest In Nottingham Property In 2025?
9.7%
12-month Rental Growth To July 2024 (ONS)
5.9%
Average Yield (ONS)
80%
Property Price Growth 2014-24 (ONS)
Nottingham has long been popular with tenants and investors alike – for tenants, this East Midlands gem offers exceptional job opportunities, a thriving culture and the best of city living. For UK property investors, Nottingham boasts generous yields, consistent demand, and some of the most impressive capital growth rates in the UK.
Explore Our Nottingham Property Investment Opportunities
If Nottingham isn’t at the top of your investment radar, it certainly should be. Uncover our range of property developments – including exceptional opportunities in Nottingham – with Miller Rose Invest.
The Nottingham Property Market In A Nutshell
Nottingham makes a fantastic place to invest thanks to its exceptional yields and reasonable prices – here’s the current state of the Nottingham property investment market as of November 2024…
£200,000
Current Property Value (ONS)
5.8% to 17.6%
Average Yield (PropertyData)
£944pcm
Average Rent (ONS)
Why choose Nottingham property investment?
The Nottingham property market has experienced a huge boost in value, rising by 7% over the past two years, and by 35% over the past five years. This increase in Nottingham property sales prices has directly impacted the local rental market, supporting rental growth of 8.3% over the past year.
This has created impressive yields across the region, with Nottingham’s NG1 and NG7 postcodes producing yields of 8.5% and 7.3% respectively. Research from PropertyData reveals that studio apartments in the city can achieve huge yields of up to 17.6%, followed by 7.9% yields for one-beds – this far surpasses the national average rental yield of 4.75%, so it’s no surprise that Nottingham buy to let property is becoming increasingly popular as an asset. So, if you’re searching for an opportunity to grow your property portfolio with buy to let, Nottingham is a great place to explore.
How is regeneration changing Nottingham property investment?
The future of Nottingham property investment looks bright, especially since the city is in the midst of extensive regeneration worth £4 billion which will bring more businesses, opportunities and people to the area.
The £1.2 billion development of the Island Quarter, a new residential and commercial quarter, spans 36-acres, creating a ‘city within a city’ and has brought new homes and businesses to the region. Furthermore, the redevelopment of the former Broadmarsh shopping centre in the city core into 20,000 sqm of office, commercial and leisure space is set to establish a newly rejuvenated creative quarter in Nottingham. Additionally, plans are in place to establish a new ‘Green Heart’ to put sustainability at the heart of the city. Not only does this make Nottingham a fantastic place for tenants to live, but these regeneration projects are set to boost demand for new homes in Nottingham significantly.
How will demand transform Nottingham property investment?
Demand for property in Nottingham is exceptionally high thanks to a combination of reasonable property prices, employment opportunities and brilliant connectivity. Siemens, E-ON and G&M have set up headquarters in the city, creating secure jobs for Nottingham locals whilst also bringing new employees into the region. Rising demand is also supported by Nottingham Trent University and the University of Nottingham, both of which attract local and international talent into the area.
Homes in Nottingham also benefit from superb connectivity, with London just 90 minutes away by train and East Midlands Airport less than 15 miles away. When we consider Nottingham’s affordability – the average property costs £194,000 compared to an East Midlands average of £242,000 – and respective yields, it’s no shock that Nottingham properties are popular with investors and tenants.
Why invest in Nottingham property going forward?
With exceptional regeneration across the city, increasing tenant demand and reasonably priced properties prime for investment, there’s good reasoning to invest in Nottingham’s property market. The city is experiencing fantastic growth, making it a prime space for your next buy to let investment:
- The average Nottingham property price has risen by over 80% over the last decade according to Land Registry data.
- The latest Savills forecasts suggest that 2024 to 2028 could see further price growth of 22.8% across the East Midlands
- Rental prices in Nottingham have increased significantly over the past 12 months, with 2023 to 2024 seeing a huge hike of 9.7%
- Plans are already in place for an additional 2,000 new homes across Nottingham city centre, which will increase alongside rising demand
Explore Nottingham Property Investment Opportunities
Nottingham is an exceptional place to start your investment journey, or add to your existing portfolio. Uncover the range of Nottingham property developments on offer with Miller Rose.
Best Places To Invest In Nottingham Property
Each Nottingham neighbourhood has something exceptional to offer – here are the most lucrative parts of Nottingham to invest in and why…
Beeston
Yields (NG9) – 4.3%
Beeston is a lively and youthful area, with plenty to offer. The Glee Club showcases up-and-coming bands, while its vibrant nightlife thrives thanks to its proximity to Nottingham Trent University. The town also boasts a range of high street shops, restaurants, and supermarkets—from Aldi to Waitrose—ensuring all your essentials are within easy reach. With so much to do and such a strong reputation, it’s no surprise that properties in the NG9 postcode area command an average price of £305,000.
Wollaton
Yields (NG8) – 4.9%
Wollaton is celebrated for its vast Wollaton Park, covering over 500 acres, making it a perfect retreat for outdoor enthusiasts while still offering convenient access to the city centre. This peaceful area is known for its charming independent shops, cosy pubs, and inviting restaurants, which add to its unique character. With a selection of schools rated ‘Good’ or ‘Outstanding’ by Ofsted, Wollaton is an ideal place for families to settle and grow. Homes in this desirable part of Nottingham are typically priced around £281,000, reflecting its slightly more elevated status in the local market – however, with yields of almost 5%, Wollaton is a fantastic place to invest in Nottingham.
West Bridgford
Yields (NG2) – 4.1%
West Bridgford boasts excellent local schools and amenities, making it one of the top family-friendly areas in Nottingham. Whether you’re relaxing at the local cinema, visiting the library, or enjoying West Bridgford Park with its cycling paths, play areas, bowling green, and pavilion, there’s something for everyone. For those wanting to explore Nottingham city centre, access is easy via the M606. With average property prices around £325,000, the area offers a more premium living experience for tenants, and would be best suited for buy-to-let investors looking to rent to families.
Lace Market & Hockley
Yields (NG1) – 8.2%
Located in the vibrant heart of the city, the Lace Market and Hockley districts are perfect for young professionals seeking to be at the center of the action. Known as the Creative Quarter, this area boasts a rich history, evident in the diverse architecture that lines its streets. From grand old warehouses to quirky, bohemian brick buildings, the blend of past and present is palpable in Nottingham houses for sale in NG1. This neighbourhood primarily offers flats and apartments, typical of city-centre living. Commuting is convenient, with excellent train and bus links, while road and rail connections make it easy to travel outside of the city. With properties in the NG1 postcode averaging £160,000 according to PropertyData, this area presents a fantastic investment opportunity or a chance to live amidst the city’s buzz.
Lenton
Yields (NG7) – 6.2%
For affordable housing near key amenities like the University of Nottingham campus and Queen’s Medical Centre, Lenton is an excellent choice. Nestled between the peaceful Wollaton and the charming suburb of The Park, Lenton enjoys close proximity to the vibrant University of Nottingham, offering something for everyone. According to PropertyData, homes in Lenton’s NG7 postcode average around £220,000, providing a more budget-friendly option for those who want the convenience of The Park and Wollaton without the premium price.
Property Values Across NottinghamBy Property Type
Nottingham property values are exceptionally competitive – especially when compared to the rest of the UK, and even to the rest of the East Midlands. In fact, across the East Midlands the average house price in April 2024 was £249,000, and across the UK the average property value was £289,000: however, in Nottingham property values sit at an average property value of £200,000. As such, Nottingham property values are significantly lower – £89,000 lower than the national average, in fact.
But which type of property makes the best Nottingham property investment? According to the ONS, here are the current values of properties across Nottingham based on property type as of November 2024.
£147,000
Flats & Maisonettes
£174,000
Terraced
£221,000
Semi-Detached
£327,000
Detached
Rental Values Across Nottingham By Bedroom And Property Type
If you are looking for a city that is experiencing exceptional rental growth, look no further than Nottingham. Private rents across Nottingham increased to an average of £944 in November 2024, reflecting an 8.3% annual rise from £872 twelve months prior. This exceptional growth makes Nottingham one of the best places to invest in the region based on rental price growth alone. Here’s what each number of bedrooms commands on the rental market across Nottingham according to the ONS as of November 2024.
£681
1 bedroom (pcm)
£850
2 bedrooms (pcm)
£975
3 bedrooms (pcm)
£1,375
4+ bedrooms (pcm)
£779
Flats & Maisonettes (pcm)
£920
Terraced (pcm)
£987
Semi-Detached (pcm)
£1,233
Detached (pcm)
Investment in Nottingham Property today
From Nottingham to the broader East Midlands and beyond – view our range of available investment properties that offer exceptional yields and impressive capital growth.
Why choose Miller Rose?
As your resident Nottingham property investment experts, Miller Rose have over 18 years of experience in helping investors curate a portfolio that works for them.
With tailored advice on portfolio diversification, thorough and updated analysis of property trends, and a keen eye for any developments happening across the Nottingham buy to let market – Miller Rose is your ultimate partner, and we’re here to help you every step of the way.
Even after your next Nottingham property investment purchase, we’re able to provide valuable ongoing support to help you understand the next steps in your broader investment plan.
Invest In Nottingham Buy-To-Let Property Today
Interested in Nottingham property investment? Get in touch with Miller Rose’s team of property investment experts! With unrivalled knowledge of the Nottingham property market, we’re on hand to help you find the best investment for you.
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