Lenton Boulevard, Lenton, Nottingham, NG7
NI

Lenton Boulevard, Lenton, Nottingham, NG7

By Nicholas Humphreys

£ 299,000

Reviews

2 out of 5 stars

Nicholas Humphreys says ..

Nicholas Humphreys are delighted to bring this 4 bedroom student property to the market for sale. The property itself is ideally located on the very popular Lenton Boulevard, just a short walk to and from the main bus route on Derby Road, Sainsburys and University Park.Let to 4 students...

Property Oracle says ..

This four-bedroom terraced house on Lenton Boulevard in Nottingham is marketed as a student property, and therefore its analysis must center on its suitability for this purpose. The property’s strong point is its location: close to the University of Nottingham, major bus routes, and a Sainsbury’s supermarket—all essential for student tenants. The proximity to good schools is also an indirect benefit, although less relevant to the target market of students.

However, the property’s condition is a major concern. The internal photographs reveal a degree of disrepair and general uncleanliness. While functionality may not be compromised significantly, the property would require a good deal of work, both in terms of cleaning and potentially some renovations, before it could be presented in an appealing and competitive condition within the rental market.

The absence of a garden or any external space is not uncommon for terraced houses in this location but does limit the property’s appeal if an upgrade to enhance its market value is anticipated.

The price of £299,000, while potentially justifiable due to the high demand for student accommodation in the area, seems on the higher end given the need for repairs and the lack of outdoor space. A comprehensive comparative market analysis, particularly focusing on other similar student rental properties, is necessary to definitively assess the property’s value.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
4
Bathrooms
1
Sqft (est)
1,275.20

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
227,385.00 £
Decreased by 19.26 %
from 281,611.00 £
Est sale value
306,048.00 £
Decreased by 19.46 %
from 380,009.60 £
Average area rental value
1,344.00 £/mo
Increased by 32.28 %
from 1,016.00 £/mo
Est letting value
1,275.20 £/mo
Unchanged by 0.00 %
from 1,275.20 £/mo
Est rental Yield
7.09 %
Increased by 63.74 %
from 4.33 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Nicholas Humphreys created the listing.

Nearby Schools

NameTypeOfstedDistance
Edna G. Olds AcademyAcademy ConverterOutstanding0.16 KM
Nottingham University Academy Of Science And TechnologyFree SchoolsGood1.12 KM
The Nottingham Nursery School And Training CentreLocal Authority Nursery SchoolOutstanding1.13 KM
Radford Primary School AcademyAcademy ConverterGood1.16 KM
Dunkirk Primary And Nursery SchoolCommunity SchoolGood1.20 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lenton Boulevard £ 000.00 KM
Godfrey Lane £ 000.00 KM
Friar Street £ 000.00 KM
Stansfield Street £ 000.00 KM
Harlaxton Drive £ 275,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT3.05 KM
Beeston1625BEE4.81 KM
Bulwell1865BLW6.25 KM
Attenborough1624ATB7.88 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lenton Boulevard, Nottingham, Nottinghamshire, NG7 £ 260,000BUY4 / 100.01 KM
Mettham Street, Nottingham, NG7 1SH £ 240,000BUY5 / 100.04 KM
Mettham Street, Lenton, NG7 1SH £ 235,000BUY5 / 100.05 KM
Frederick Grove, Lenton £ 400,000BUY4 / 100.05 KM
Mettham Street, Lenton, Nottingham, NG7 £ 325,000BUY4 / 100.05 KM

Nearby Properties

AddressPriceDistance
40 Lenton Boulevard £ 154,0000.00 KM
26 Lenton Boulevard £ 70,0000.00 KM
50 Lenton Boulevard £ 80,0000.00 KM
22 Lenton Boulevard £ 137,5000.00 KM
34 Lenton Boulevard £ 345,0000.00 KM