Gamble Street, Nottingham, Nottinghamshire, NG7 4ET
By Pattinson Estate Agents
£ 80,000
Reviews
2 out of 5 stars
Pattinson Estate Agents says ..
Property Details Tenure: Leasehold Tenanted £750 pcm. Being Sold via Secure Sale online bidding. Terms and Conditions apply. Location The property is located in an established student area of Nottingham, approximately ½ a mile from the main Nottingham Trent University campus....
Property Oracle says ..
This 2-bedroom property in Nottingham, located on Gamble Street, is presented as a tenanted student investment opportunity. The listing highlights its proximity to Nottingham Trent University, making it attractive for student renters. Images show a functional kitchen, living area, and bathroom. The kitchen and living areas present a functional space, while the bathroom reveals some wear and could benefit from modernization. The property’s condition is fair, neither needing immediate major repair nor being in luxury condition. The absence of information regarding the property’s square footage and garden size makes a comprehensive evaluation more challenging. The listed price of £80,000 appears reasonable when considered in light of comparable properties in the area that are listed at higher prices and the potential rental income, although definitive valuation is difficult without square footage and precise details of the tenancy agreement. The area is well-served by transportation and schools, making it a potentially desirable location for students. However, a more in-depth assessment of the specific neighborhood’s amenities and safety features would provide a fuller picture of its desirability. Investors should meticulously review lease terms and future potential rent increases before committing to purchase. Overall, it appears to be a feasible rental investment for those targeting the student market in Nottingham but potential buyers should do their due diligence to evaluate the investment comprehensively before making a purchasing decision.
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
- 2
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 162,250.00 £Decreased by 29.75 %
- Average area rental value
- 986.00 £/moIncreased by 8.59 %
- Est rental Yield
- 7.29 %Increased by 54.45 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Pattinson Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Unity Academy | Academy Alternative Provision Sponsor Led | Requires improvement | 0.22 KM |
| Denewood Academy | Academy Alternative Provision Sponsor Led | Good | 0.26 KM |
| Fig Tree Primary School | Other Independent School | Good | 0.47 KM |
| Bentinck Primary And Nursery School | Community School | Good | 0.60 KM |
| Take 1 Learning Centre | Other Independent School | Requires improvement | 0.82 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Old Mill Close | £ 0 | 0 | 0.00 KM |
| Montfort Street | £ 90,000 | 0 | 0.00 KM |
| Ortzen Street | £ 0 | 0 | 0.00 KM |
| Wood Street | £ 0 | 0 | 0.00 KM |
| The Grove | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 2.57 KM |
| Bulwell | 1865 | BLW | 5.62 KM |
| Beeston | 1625 | BEE | 6.24 KM |
| Attenborough | 1624 | ATB | 9.29 KM |
| Hucknall | 1862 | HKN | 9.42 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Alfreton Road, Radford, NG7 3NS | £ 550,000 | BUY | 4 / 10 | 0.06 KM |
| Royal Victoria Court, Gamble Street, Nottingham, Nottinghamshire, NG7 | £ 116,000 | BUY | Unknown | 0.08 KM |
| Gamble Street, Nottingham | £ 140,000 | BUY | 5 / 10 | 0.08 KM |
| Gamble Street, Nottingham, Nottinghamshire, NG7 | £ 110,000 | BUY | 4 / 10 | 0.08 KM |
| Gamble Street, Nottingham, Nottinghamshire, NG7 | £ 120,000 | BUY | 5 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 106 Alfreton Road | £ 68,000 | 0.05 KM |
| 98a Alfreton Road | £ 29,000 | 0.05 KM |
| 140 Alfreton Road | £ 140,000 | 0.06 KM |
| 3 Sunbourne Court | £ 71,500 | 0.17 KM |
| 11 Sunbourne Court | £ 68,000 | 0.17 KM |