Letting agents in Nottingham
Full management for landlords in Nottingham, from our office on Friar Gate in Derby. 8% of the rent, no set-up fee and no VAT. We find and reference the tenant, collect the rent, inspect the property and keep your paperwork right.
Rents in Nottingham
Average monthly rent by number of bedrooms, September 2026.
Office for National Statistics, Price Index of Private Rents. Covers new and existing tenancies across Nottingham. New lets often achieve more.
Get a rent estimate for your propertyRental yields in Nottingham
What a typical home costs to buy in Nottingham, what it rents for, and the gross yield.
| Type of home | Median sold price | Average rent a month | Gross yield |
|---|---|---|---|
| Detached house | £310,000 | £1,308 | 5.1% |
| Semi-detached house | £213,750 | £1,062 | 6.0% |
| Terraced house | £180,000 | £995 | 6.6% |
| Flat or maisonette | £132,750 | £837 | 7.6% |
Sold prices: HM Land Registry, Nottingham, the 12 months to the end of July 2026. Rents: ONS, Nottingham, September 2026. Gross yield is a year's rent divided by the price, before any costs. Buying to let? Option Finance arranges buy to let mortgages, with no broker fee if you are buying or selling with us.
What full management costs in Nottingham
On the average rent of £1,015 a month.
Option Estates
£974
in the first year. 8% of the rent, no VAT, no set-up fee, nothing extra for inspections, notices or renewals.
Typical high street
£1,942
in the first year at 12% including VAT plus a £480 set-up fee, before extra charges.
Comparison uses the published fully managed fees of a national agency's Derby branch, checked 22 October 2026.
Included for every Nottingham landlord
- Marketing with professional photos and a live walk-through video on our social media.
- Referencing and right to rent checks on every tenant.
- Rent collected and paid to you each month, with statements in your landlord portal.
- Check-in, check-out and regular inspections, with photos in your portal.
- Gas safety, electrical and EPC reminders before anything runs out.
- Rent reviews, notices and renewals done properly under the Renters' Rights Act.
What tenants look for in Nottingham
Good transport and good schools keep homes let and tenants staying longer.
Trains from Nottingham station
East Midlands Railway runs two trains an hour to London St Pancras, one fast and one semi fast, plus services to Sheffield, Manchester, Liverpool, Norwich, Lincoln and Leicester. CrossCountry runs hourly to Birmingham New Street and Cardiff, and Northern hourly to Leeds.
Tram
Line 1 runs from Toton Lane through Beeston and the city centre to Bulwell and Hucknall. Line 2 runs from Clifton South through Wilford and the Meadows to the city centre and Phoenix Park. Nottingham Station has its own tram stop above the platforms.
Park and Ride
Clifton South has over 1,000 spaces just off the A453. Parking at the tram Park and Ride sites is free with a valid tram ticket.
Schools
- Farnborough Spencer Academy, secondary, Ofsted good in every area
- The Bulwell Academy, secondary, Ofsted see the latest report
- Whitegate Primary and Nursery School, primary, Ofsted good in every area
- The Glapton Academy, primary, Ofsted continues to be a good school
Selling instead? See sold prices and our sales service in Nottingham.
Questions landlords in Nottingham ask
How much rent can I get for a two bedroom home in Nottingham?
The average rent for a two bedroom home in Nottingham was £916 a month in September 2026, from Office for National Statistics figures. New lets often achieve more than the average, and condition, parking and the exact street all make a difference. Our free rent estimate gives you a starting figure.
What does a letting agent cost in Nottingham?
With Option Estates, full management is 8% of the rent with no VAT and no set-up fee. On the average rent in Nottingham of £1,015 a month, that is £974 for the first year. At 12% including VAT plus a £480 set-up fee, the first year would cost £1,942.
What rental yield can I get in Nottingham?
Using the average rent for Nottingham and the median sold price in Nottingham, flats give the highest gross yield, at about 7.6%. That is before costs such as the mortgage, repairs, insurance and management. Yields vary a lot from street to street.
Do you offer tenant find only in Nottingham?
No. We only offer full management, because we stand behind the tenant we choose for the whole tenancy. That includes rent collection, inspections, repairs, certificate reminders and keeping your paperwork right under the Renters' Rights Act.