Derby Road, Nottingham, NG7
MC

Derby Road, Nottingham, NG7

By McGowan Housing

£ 165,000

Reviews

2 out of 5 stars

McGowan Housing says ..

Buy-to-Let Opportunity | Long Term Tenant Currently Situated | 2 Bedroom Flat | Spacious Lounge | Modern Kitchen | Prime Rental Location Within Nottingham

Property Oracle says ..

This two-bedroom apartment located on Derby Road in Nottingham’s Lenton & Wollaton East area presents a potentially attractive option for buyers. The property is within walking distance of several highly-rated schools, including the Outstanding Edna G Olds Academy. This is a key advantage for families. The nearby Sainsburys Local provides local shopping convenience. Nottingham city centre is also reasonably accessible, either by public transport or private car. Transportation links, as indicated, appear good, with multiple train stations within a reasonable distance.

The apartment itself seems to be in fair condition. The images show a modern kitchen and bathroom. The living areas are presented in a clean and well-maintained condition. However, it is important to note that these are just images. A physical inspection should be carried out to confirm this. The limited outdoor space and lack of private garden, as seen in the pictures, will be a drawback for some potential buyers.

The list price of £165,000 seems competitive compared to other properties in the area, with many nearby properties being listed for significantly higher prices. However, the absence of detailed information on the square footage of similar properties makes a comprehensive price comparison difficult. More detailed analysis including a property survey and thorough market research will provide further insights on value for money.

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
2
Bedrooms
2
Bathrooms
1
Sqft (est)
743.79

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
178,509.60 £
Decreased by 19.46 %
from 221,649.42 £
Average area rental value
1,344.00 £/mo
Increased by 32.28 %
from 1,016.00 £/mo
Est letting value
743.79 £/mo
Unchanged by 0.00 %
from 743.79 £/mo
Est rental Yield
7.09 %
Increased by 63.74 %
from 4.33 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
Edna G. Olds AcademyAcademy ConverterOutstanding0.36 KM
Mellers Primary SchoolCommunity SchoolGood0.83 KM
The Nottingham Nursery School And Training CentreLocal Authority Nursery SchoolOutstanding0.90 KM
Radford Primary School AcademyAcademy ConverterGood0.94 KM
Bentinck Primary And Nursery SchoolCommunity SchoolGood1.10 KM

Images

External Lounge Lounge Lounge Kitchen Kitchen Kitchen Bathroom Bathroom Bedroom Bedroom Bedroom Bedroom External External External

Nearby Streets

NameAverage PriceAverage SqftDistance
Godfrey Lane £ 000.00 KM
Lenton Boulevard £ 000.00 KM
Bloomsgrove Street £ 000.00 KM
Garden Street £ 000.00 KM
Stansfield Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT2.88 KM
Beeston1625BEE5.26 KM
Bulwell1865BLW5.95 KM
Attenborough1624ATB8.32 KM
Hucknall1862HKN9.96 KM

Nearby Listings

AddressPriceTypeScoreDistance
6 BED HMO - Welby Avenue, Lenton, Nottingham NG7 1QL £ 475,000BUY6 / 100.05 KM
Welby Avenue, Nottingham, Nottinghamshire, NG7 £ 275,000BUYUnknown0.08 KM
Bute Avenue, Lenton, Nottingham £ 225,000BUYUnknown0.12 KM
Rothesay Avenue, Lenton, Nottingham, NG7 1PU £ 425,000BUY6 / 100.13 KM
Welby Avenue, Nottingham £ 300,000BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
197 Derby Road £ 380,0000.00 KM
209 Derby Road £ 315,0000.00 KM
203 Derby Road £ 190,0000.00 KM
211 Derby Road £ 150,0000.00 KM
199 Derby Road £ 183,0000.00 KM