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 %
- Est sale value
- 190,925.88 £Increased by 1.52 %
- Average area rental value
- 993.00 £/moIncreased by 16.14 %
- Est letting value
- 712.41 £/mo
- Est rental Yield
- 6.38 %Increased by 71.05 %
- Crime Rate
- 0.00 %
Agent Activity
Cavendish Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Hollygirt School | Other Independent School | 0.22 KM | |
| Jamia Al-Hudaa Residential College | Other Independent School | Inadequate | 0.26 KM |
| St Augustine'S Catholic Primary And Nursery School, A Voluntary Academy | Academy Sponsor Led | Good | 0.47 KM |
| St. Ann'S South Children'S Centre | Children's Centre | 0.71 KM | |
| Huntingdon Academy | Academy Converter | Outstanding | 0.71 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Elm Avenue | £ 0 | 0 | 0.00 KM |
| Conway Close | £ 0 | 0 | 0.00 KM |
| Cardigan Close | £ 250,000 | 0 | 0.00 KM |
| Tenby Walk | £ 0 | 0 | 0.00 KM |
| Ravensdene Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 2.17 KM |
| Bulwell | 1865 | BLW | 6.43 KM |
| Netherfield | 6241 | NET | 7.63 KM |
| Carlton | 6201 | CTO | 7.74 KM |
| Beeston | 1625 | BEE | 8.27 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Malcolm Close, Nottingham, Nottinghamshire, NG3 5AP | £ 117,500 | BUY | 5 / 10 | 0.00 KM |
| Malcolm Close, Nottingham, Nottinghamshire, NG3 5AP | £ 120,000 | BUY | 6 / 10 | 0.00 KM |
| Malcolm Close, Nottingham, NG3 5AP | £ 120,000 | BUY | 6 / 10 | 0.00 KM |
| Cranmer Street, Nottingham | £ 200,000 | BUY | 6 / 10 | 0.08 KM |
| Elm Close, Nottingham, Nottinghamshire, NG3 | £ 135,000 | BUY | 8 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 19 Malcolm Close | £ 60,000 | 0.01 KM |
| 37 Malcolm Close | £ 84,950 | 0.01 KM |
| 18 Malcolm Close | £ 115,000 | 0.01 KM |
| 31 Malcolm Close | £ 76,000 | 0.01 KM |
| 7 Malcolm Close | £ 77,000 | 0.01 KM |