Woodborough Road, Nottingham, Nottinghamshire, NG3
FR

Woodborough Road, Nottingham, Nottinghamshire, NG3

By Frank Innes

£ 60,000

Reviews

2 out of 5 stars

Frank Innes says ..

**14.5% Gross Yield** Discover a prime investment opportunity with this stylish 1-bedroom, 1-bathroom apartment, located on the 6th floor of the highly sought-after Alexandra Court in the NG3 area. Currently let at £725 per calendar month, this property promises an excellent ret...

Property Oracle says ..

This one-bedroom apartment in Nottingham’s Mapperley area is listed at £60,000. The photos show a reasonably maintained property, although the decor looks slightly dated. The apartment benefits from a central location with good access to schools. However, there is a clear lack of private outdoor space; and information about the square footage is missing from the listing. While the price seems competitive compared to similarly sized nearby properties, prospective buyers should carefully consider this missing information to assess if the property is a good fit for their needs. The proximity to Nottingham city centre and local schools is a strong selling point, but the absence of private outdoor space and the relatively basic interior condition are factors to weigh carefully against the affordable asking price. It would be advisable to obtain the square footage of the apartment and undertake a thorough inspection before making an offer. The location is convenient for those who want easy access to local amenities and transportation, but this is reliant on the information provided being correct.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
1
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
186,660.00 £
Decreased by 32.16 %
from 275,159.00 £
Average area rental value
993.00 £/mo
Increased by 16.14 %
from 855.00 £/mo
Est rental Yield
6.38 %
Increased by 71.05 %
from 3.73 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Frank Innes created the listing.

Nearby Schools

NameTypeOfstedDistance
St Augustine'S Catholic Primary And Nursery School, A Voluntary AcademyAcademy Sponsor LedGood0.41 KM
Sycamore AcademyAcademy ConverterGood0.76 KM
St Ann'S Well AcademyAcademy ConverterGood0.94 KM
Jamia Al-Hudaa Residential CollegeOther Independent SchoolInadequate1.02 KM
Hollygirt SchoolOther Independent School1.02 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Hungerhill Road £ 000.00 KM
St Peter's Court £ 000.00 KM
Laburnum Street £ 000.00 KM
Ravensdene Court £ 000.00 KM
Copenhagen Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT2.58 KM
Netherfield6241NET6.87 KM
Bulwell1865BLW6.92 KM
Carlton6201CTO6.96 KM
Beeston1625BEE9.13 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
50 Magdala Road £ 220,0000.15 KM
339a Woodborough Road £ 125,0000.22 KM
339b Woodborough Road £ 145,0000.22 KM
8 Thoresby Court £ 122,0000.22 KM
10 Thoresby Court £ 135,0000.22 KM