Radford Road, Basford, Nottinghamshire, NG7 5GN
HO

Radford Road, Basford, Nottinghamshire, NG7 5GN

By HoldenCopley

£ 230,000

Reviews

1 out of 5 stars

HoldenCopley says ..

INVESTMENT OPPORTUNITY... Situated in a convenient location, this commercial shop with two self-contained flats presents an exceptional investment opportunity for both seasoned and first-time investors. Both flats are fully let, generating immediate rental income. The property benefits f...

Property Oracle says ..

The property is located on Radford Road in Basford, Nottingham. The area benefits from being relatively close to several primary schools, with Scotholme Primary and Nursery School being the closest at 0.21km. Nottingham railway station is also within reasonable commuting distance at 3.86km. However, the provided data does not offer information on the quality of local shops or other amenities, nor does it give any indication of the overall desirability of the location. More information would be needed to give a full assessment.

Based on the photographs, the property appears to be in need of significant repair and renovation. Several rooms show signs of disrepair, including damaged walls, peeling paint, and exposed pipes. The flooring also appears worn in several areas. The overall condition is poor, suggesting a substantial amount of work would be needed to bring it up to a habitable standard.

The property has a small yard, but it does not appear to be a large garden. The yard is mainly paved and appears to be used for access to the rear of the property. There is limited space for outdoor activities or landscaping.

The list price of £230,000 seems high considering the condition of the property and the lack of significant land. While the location is near schools and a train station, the overall state of the property significantly impacts its value. Further analysis of comparable properties in the area, particularly those in similar condition and size, would be needed to determine a more accurate valuation. The lack of square footage data for nearby properties makes it difficult to calculate a price per square foot for comparison.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
3
Location
5
Land
2
Bedrooms
2
Bathrooms
2
Sqft (est)
1,469.70

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 £
Est sale value
329,212.80 £
Increased by 5.66 %
from 311,576.40 £
Average area rental value
986.00 £/mo
Increased by 8.59 %
from 908.00 £/mo
Est letting value
1,469.70 £/mo
from 0.00 £/mo
Est rental Yield
7.29 %
Increased by 54.45 %
from 4.72 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • HoldenCopley created the listing.

Nearby Schools

NameTypeOfstedDistance
Scotholme Primary And Nursery SchoolAcademy ConverterGood0.21 KM
St Mary'S Catholic Primary SchoolAcademy Converter0.23 KM
Hyson Green And New Basford Children'S CentreChildren's Centre0.52 KM
Berridge Primary And Nursery SchoolCommunity SchoolGood0.66 KM
Take 1 Learning CentreOther Independent SchoolRequires improvement0.67 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Craven Street £ 000.00 KM
Woodbridge Court £ 160,00000.00 KM
Hazelwood Road £ 000.00 KM
Hawarden Terrace £ 000.00 KM
Mayfair Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT3.86 KM
Bulwell1865BLW4.24 KM
Beeston1625BEE6.59 KM
Hucknall1862HKN8.09 KM
Attenborough1624ATB9.51 KM

Nearby Listings

AddressPriceTypeScoreDistance
Radford Road, Basford, Nottinghamshire, NG7 5GN £ 230,000BUY3 / 100.00 KM
Radford Road, Radford £ 165,000BUY5 / 100.04 KM
Radford Road, Nottingham £ 190,000BUY5 / 100.04 KM
Radford Road, Nottingham £ 190,000BUY5 / 100.04 KM
Scotholme Avenue, Forest Fields, Nottinghamshire, NG7 6FB £ 130,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
9 Scotholme Avenue £ 76,5000.05 KM
18 Scotholme Avenue £ 65,0000.05 KM
14 Scotholme Avenue £ 88,0000.05 KM
7 Scotholme Avenue £ 88,0000.05 KM
8 Scotholme Avenue £ 70,0000.05 KM