Carol Taylor, of Cherry Avenue, was initially taken to hospital for treatment for smoke inhalation, later arrested on suspicion of arson with intent to endanger life.
No-one else was injured and residents have now been able to return to their homes.
Taylor has been remanded in custody and is due to appear at Nottingham Magistrates' Court today (Monday, July 13).
Anyone with any information is asked to call Nottinghamshire Police on 101, quoting incident number 762 of Saturday July 11.
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