haart says ..
£280,000 - £300,000 HMO INVESTMENT OPPORTUNITY! This terraced property offers four bedrooms in the perfect buy to let property and situated in a sought-after location
Property Oracle says ..
This four-bedroom property situated on Church Street in Lenton, Nottingham, presents a mixed bag of attributes. Its location is a key strength, offering proximity to Nottingham University and excellent schools, making it attractive to both families and students. The presence of an “Outstanding” rated primary school (Edna G Olds Academy) nearby is a significant plus, increasing its appeal considerably. Transport connections appear convenient, with Nottingham train station relatively close.
However, the absence of any significant garden is a drawback. This limited outdoor space is common for properties in this area, but detracts from the property’s overall appeal to those who desire outdoor space. Furthermore, while the property appears reasonably well-maintained externally, the photographs reveal some signs of wear and tear which may suggest the need for some cosmetic repairs or updates. The condition isn’t poor enough to be a major concern but needs to be considered.
The list price of £280,000 necessitates a comparison to similar properties to gauge its competitiveness. While the property’s size and location are positive elements, the lack of land and some indications of required maintenance may influence buyers. Nearby properties, although not entirely comparable in terms of size and condition, suggest that the listing price may be within a reasonable market range. However, further investigation into the interior condition and a detailed comparison of similar properties is recommended for a definitive price assessment. Therefore, while the price isn’t exceptionally high or low compared to the market, further investigation is required for final valuation. Overall the property could be a viable option for students or those seeking a central Nottingham location, but is unlikely to appeal to buyers who need more land.
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
- 1
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft (est)
- 912.46
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 %
- Est sale value
- 218,990.40 £Decreased by 19.46 %
- Average area rental value
- 1,344.00 £/moIncreased by 32.28 %
- Est letting value
- 912.46 £/moUnchanged by 0.00 %
- Est rental Yield
- 7.09 %Increased by 63.74 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
haart created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Edna G. Olds Academy | Academy Converter | Outstanding | 0.13 KM |
| The Nottingham Nursery School And Training Centre | Local Authority Nursery School | Outstanding | 1.06 KM |
| Radford Primary School Academy | Academy Converter | Good | 1.09 KM |
| Mellers Primary School | Community School | Good | 1.15 KM |
| Nottingham University Academy Of Science And Technology | Free Schools | Good | 1.19 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lenton Boulevard | £ 0 | 0 | 0.00 KM |
| Godfrey Lane | £ 0 | 0 | 0.00 KM |
| Stansfield Street | £ 0 | 0 | 0.00 KM |
| Friar Street | £ 0 | 0 | 0.00 KM |
| Harlaxton Drive | £ 275,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 3.05 KM |
| Beeston | 1625 | BEE | 4.87 KM |
| Bulwell | 1865 | BLW | 6.17 KM |
| Attenborough | 1624 | ATB | 7.94 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Church Street, Lenton | £ 280,000 | BUY | 5 / 10 | 0.00 KM |
| Frederick Grove, Lenton | £ 400,000 | BUY | 4 / 10 | 0.04 KM |
| Frederick Grove, Nottingham, Nottinghamshire, NG7 | £ 330,000 | BUY | 5 / 10 | 0.04 KM |
| Frederick Grove, Nottingham | £ 325,000 | BUY | 6 / 10 | 0.04 KM |
| Church Street, Lenton, Nottingham, NG7 1SJ | £ 300,000 | BUY | Unknown | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 27 Church Street | £ 145,000 | 0.01 KM |
| 1 Frederick Grove | £ 250,000 | 0.04 KM |
| 9 Frederick Grove | £ 250,000 | 0.04 KM |
| 8 Frederick Grove | £ 300,000 | 0.04 KM |
| 7 Frederick Grove | £ 250,000 | 0.04 KM |