Malcolm Close, Nottingham, Nottinghamshire, NG3 5AP
CA

Malcolm Close, Nottingham, Nottinghamshire, NG3 5AP

By Cavendish Residential

£ 117,500

Reviews

2 out of 5 stars

Cavendish Residential says ..

TWO DOUBLE BEDROOM tenanted property achieving an APPROXIMATE GROSS YIELD OF 8.1% PER ANNUM with OFF ROAD PARKING in a SOUGHT-AFTER RENTAL LOCATION

Property Oracle says ..

This two-bedroom apartment in Nottingham’s Mapperley area presents a viable option for first-time buyers or investors. The property’s proximity to Nottingham City Centre and local amenities is attractive. Public transport links also appear adequate within a reasonable distance. The current condition is acceptable but some modernisation might be beneficial for enhancing aesthetic appeal and increasing potential rental income. One key aspect to consider is the lack of any significant private outdoor space. The price is competitive relative to comparable properties in the area, but detailed square footage data for similar properties is needed for definitive price per square foot analysis. The potential for rental income as a tenanted property might be attractive for investors. Overall, the property offers a balanced mix of positive and negative attributes, requiring careful consideration given individual buyer priorities.

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
5
Location
6
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
712.41

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
186,660.00 £
Decreased by 32.16 %
from 275,159.00 £
Est sale value
190,925.88 £
Increased by 1.52 %
from 188,076.24 £
Average area rental value
993.00 £/mo
Increased by 16.14 %
from 855.00 £/mo
Est letting value
712.41 £/mo
from 0.00 £/mo
Est rental Yield
6.38 %
Increased by 71.05 %
from 3.73 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Cavendish Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
Hollygirt SchoolOther Independent School0.22 KM
Jamia Al-Hudaa Residential CollegeOther Independent SchoolInadequate0.26 KM
St Augustine'S Catholic Primary And Nursery School, A Voluntary AcademyAcademy Sponsor LedGood0.47 KM
St. Ann'S South Children'S CentreChildren's Centre0.71 KM
Huntingdon AcademyAcademy ConverterOutstanding0.71 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Elm Avenue £ 000.00 KM
Conway Close £ 000.00 KM
Cardigan Close £ 250,00000.00 KM
Tenby Walk £ 000.00 KM
Ravensdene Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT2.17 KM
Bulwell1865BLW6.43 KM
Netherfield6241NET7.63 KM
Carlton6201CTO7.74 KM
Beeston1625BEE8.27 KM

Nearby Listings

AddressPriceTypeScoreDistance
Malcolm Close, Nottingham, Nottinghamshire, NG3 5AP £ 117,500BUY5 / 100.00 KM
Malcolm Close, Nottingham, Nottinghamshire, NG3 5AP £ 120,000BUY6 / 100.00 KM
Malcolm Close, Nottingham, NG3 5AP £ 120,000BUY6 / 100.00 KM
Cranmer Street, Nottingham £ 200,000BUY6 / 100.08 KM
Elm Close, Nottingham, Nottinghamshire, NG3 £ 135,000BUY8 / 100.08 KM

Nearby Properties

AddressPriceDistance
19 Malcolm Close £ 60,0000.01 KM
37 Malcolm Close £ 84,9500.01 KM
18 Malcolm Close £ 115,0000.01 KM
31 Malcolm Close £ 76,0000.01 KM
7 Malcolm Close £ 77,0000.01 KM