19 Gedling Grove, Arboretum, Nottingham, NG7 4DU
AU

19 Gedling Grove, Arboretum, Nottingham, NG7 4DU

By Auction Estates Limited

£ 365,000

Reviews

2 out of 5 stars

Auction Estates Limited says ..

An opportunity to acquire a freehold three storey eight bedroom student HMO property. A short walk to Nottingham Trent University and fully let producing a rent of £49,920pa

Property Oracle says ..

The property is an eight-bedroom house located on Gedling Grove in Nottingham. The area has an average house price of £182,786 and an average price per square foot of £195. The property is listed at £365,000.

The property appears to be in need of some modernisation and updating. While the structure seems sound, many of the rooms shown in the photographs are cluttered and appear lived-in, making it difficult to assess the true condition of the property’s finishes. A full inspection would be necessary to determine the extent of any necessary repairs or renovations.

The property benefits from a small rear garden, although its size is unclear from the provided image. The garden appears to be mostly paved, with some overgrown shrubs and bushes.

Given the list price of £365,000, the property’s value is questionable without knowing the square footage. The average price per square foot in the area is £195, but this is based on an average house size and does not account for this property’s unique characteristics, such as the number of bedrooms. The lack of square footage data for the property makes a definitive assessment of the price’s reasonableness impossible. However, considering the nearby comparable properties, which range from £85,000 to £340,000, the list price of £365,000 appears to be on the higher end of the market, especially without knowing the actual square footage. Further investigation into the property’s size and condition is needed to determine if this price is justified. The property’s location near Nottingham city centre, schools and transport links is a positive factor, which could support a higher price.

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
4
Condition
5
Location
7
Land
3
Bedrooms
8
Bathrooms
3

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
162,250.00 £
Decreased by 29.75 %
from 230,969.00 £
Average area rental value
986.00 £/mo
Increased by 8.59 %
from 908.00 £/mo
Est rental Yield
7.29 %
Increased by 54.45 %
from 4.72 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Auction Estates Limited created the listing.

Nearby Schools

NameTypeOfstedDistance
Denewood AcademyAcademy Alternative Provision Sponsor LedGood0.27 KM
Unity AcademyAcademy Alternative Provision Sponsor LedRequires improvement0.28 KM
Nottingham High SchoolOther Independent School0.41 KM
Fig Tree Primary SchoolOther Independent SchoolGood0.57 KM
Djanogly City AcademyAcademy Sponsor LedGood0.58 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Goodwin Street £ 000.00 KM
Ireton Street £ 000.00 KM
The Grove £ 000.00 KM
Wood Street £ 000.00 KM
St Helen's Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT2.46 KM
Bulwell1865BLW5.59 KM
Beeston1625BEE6.73 KM
Netherfield6241NET9.19 KM
Hucknall1862HKN9.25 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gedling Grove, Nottingham £ 675,000BUY5 / 100.00 KM
15 Gedling Grove, Nottingham, NG7 4DU £ 150,000BUY5 / 100.01 KM
Gedling Grove, Nottingham, NG7 £ 140,000BUY7 / 100.02 KM
Gedling Grove, Nottingham, NG7 4DU £ 800,000BUY5 / 100.02 KM
Forest Road West, Nottingham, NG7 4ER £ 155,000BUY5 / 100.06 KM

Nearby Properties

AddressPriceDistance
17a Gedling Grove £ 130,0000.00 KM
5 Gedling Grove £ 340,0000.00 KM
3 Gedling Grove £ 325,0000.00 KM
27 Gedling Grove £ 620,0000.00 KM
10 Gedling Grove £ 108,0000.00 KM