FHP Living says ..
CONTACT FHP PROPERTY CONSULTANTS. A Freehold Residential Investment - Current income £96,000 per annum
Property Oracle says ..
This property, located on Radford Road in Nottingham, is presented as a freehold residential investment opportunity with an advertised annual income of £96,000. The exterior is a multi-unit building that appears to be of brick construction and displays signs of age. Some areas of the exterior appear to be in need of repair. Images of the interior show several refurbished apartment units which appear relatively modern and well-maintained. The units in the photos are small, seemingly studio or one-bedroom apartments. The property has limited outdoor space, mostly dedicated to parking. The listing price is high, and requires more information to determine whether it reflects fair market value. The high rental income suggests it might be priced competitively within the investment property market but is not necessarily representative of the residential market value. Further details regarding the square footage, number of units, specific condition of each unit, and potential rental yields per unit are essential to make a thorough assessment of its overall value and suitability for various types of buyers (investors or owner-occupiers). The absence of this data makes a complete analysis challenging. The location in Nottingham provides good access to city amenities and transportation networks, but further information on the immediate neighborhood and the overall area would provide more context to this assessment. A property survey would be essential prior to any purchase.
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
- 5
- Condition
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 0
- Bathrooms
- 0
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
- 209,818.00 £Increased by 7.15 %
- Average area rental value
- 915.00 £/moDecreased by 3.07 %
- Est rental Yield
- 5.23 %Decreased by 9.67 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
FHP Living created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Mary'S Catholic Primary School | Academy Converter | 0.34 KM | |
| Scotholme Primary And Nursery School | Academy Converter | Good | 0.43 KM |
| Djanogly Northgate Academy | Academy Converter | Good | 0.55 KM |
| Berridge Primary And Nursery School | Community School | Good | 0.82 KM |
| Hyson Green And New Basford Children'S Centre | Children's Centre | 0.84 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Craven Street | £ 0 | 0 | 0.00 KM |
| Mayfair Court | £ 0 | 0 | 0.00 KM |
| Hazelwood Road | £ 0 | 0 | 0.00 KM |
| Woodbridge Court | £ 160,000 | 0 | 0.00 KM |
| Hawarden Terrace | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bulwell | 1865 | BLW | 3.92 KM |
| Nottingham | 1826 | NOT | 4.16 KM |
| Beeston | 1625 | BEE | 6.75 KM |
| Hucknall | 1862 | HKN | 7.77 KM |
| Attenborough | 1624 | ATB | 9.63 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Radford Rd - Block Of 10xFlats Fully Tenanted , Nottingham, NG7 | £ 1,520,000 | BUY | 5 / 10 | 0.00 KM |
| Charlesworth Avenue, New Basford, Nottingham | £ 160,000 | BUY | 6 / 10 | 0.07 KM |
| Gladstone Street, Nottingham, NG7 | £ 160,000 | BUY | 6 / 10 | 0.14 KM |
| Goodliffe Street, Nottingham, Nottinghamshire, NG7 | £ 170,000 | BUY | 6 / 10 | 0.17 KM |
| Goodliffe Street, Hyson Green , Nottinghamshire, NG7 6FZ | £ 165,000 | BUY | 5 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 353 Radford Road | £ 37,500 | 0.04 KM |
| 357 Radford Road | £ 150,000 | 0.04 KM |
| 361 Radford Road | £ 193,160 | 0.04 KM |
| 347 Radford Road | £ 112,500 | 0.04 KM |
| 4 Shipstone Street | £ 60,000 | 0.07 KM |