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Lower Parliament Street, Nottingham NG1

East Midlands

£7,000,000

Listed on 15/05/2026

Property details

Bedrooms
N/A
Type
Residential Development

Description

This redevelopment site presents a significant investment opportunity in the heart of Nottingham, strategically located adjacent to the Motorpoint Arena and National Ice Centre. The current structure, a public house known as the Nottingham Legend, is primed for transformation following the granted full planning permission for its demolition. Plans are in place for a modern five-storey building dedicated to student accommodation, featuring 59 bedrooms that include 14 studios and 12 cluster flats. The proposed development aims to enhance the community with essential amenities such as communal lounges, kitchens, a cinema room, laundry facilities, office space for management, and thoughtfully designed landscaped areas. Situated within Nottingham’s Creative Quarter and near key local attractions such as Nottingham Trent University and the Lace Market, this project is well-positioned to cater to one of the strongest student markets in the East Midlands.

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Location

Lower Parliament Street, Nottingham NG1
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Mortgage calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£26,445
Based on a loan of £5,250,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

Price History

+508.7% since listed
£7,000,000+£5,850,000(+508.7%)
10/06/2026
Current price
£1,150,000Initial listing
15/05/2026

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