89a Forest Road West, Nottingham, NG7
PU

89a Forest Road West, Nottingham, NG7

By Purplebricks

£ 85,000

Reviews

2 out of 5 stars

Purplebricks says ..

LOCATION...LOCATION...LOCATION!! A FANTASTIC ONE BEDROOM FLAT IS BEING OFFERED FOR SALE, IN A SECURE DEVELOPMENT OF INSTANT APPEAL TO INVESTORS & FIRST TIME BUYERS. This Spacious ONE Bedroom flat offers a wealth of features, briefly comprising: Entrance Hall, One Double Bedroom, Spacious Lounge...

Property Oracle says ..

This one-bedroom apartment located at 89a Forest Road West, Nottingham, NG7, is presented as an investment opportunity or option for first-time buyers. The property is situated in the Hyson Green & Arboretum area of Nottingham, offering proximity to several schools, including Denewood Academy and Unity Academy. Transportation links appear good, with Nottingham railway station within a reasonable distance. However, more detailed information on local amenities and walkability to shops and other services within Hyson Green & Arboretum would help better assess its location.

The property’s condition is a key consideration. The photographs reveal several issues that require attention. There is apparent water damage to ceilings, suggesting potential structural problems that may need professional inspection. The general state of disrepair throughout indicates that a significant renovation budget is required. The property is habitable in its current state, but prospective buyers should factor in considerable expenditure for renovation and modernisation. The kitchen and bathroom, while functional, are dated and would also require upgrading.

The apartment appears to offer minimal land or private outdoor space, if any at all. It is important to confirm whether any communal or shared outside area is available.

The property’s listing price seems reasonably competitive considering other properties in the area, however, careful assessment of the renovation costs are crucial before making a final decision. The potential for increasing the property’s value after refurbishment should be considered.

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
7
Condition
4
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
523.13

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
117,181.12 £
Increased by 5.66 %
from 110,903.56 £
Average area rental value
986.00 £/mo
Increased by 8.59 %
from 908.00 £/mo
Est letting value
523.13 £/mo
from 0.00 £/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

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Denewood AcademyAcademy Alternative Provision Sponsor LedGood0.22 KM
Unity AcademyAcademy Alternative Provision Sponsor LedRequires improvement0.25 KM
Nottingham High SchoolOther Independent School0.46 KM
Fig Tree Primary SchoolOther Independent SchoolGood0.51 KM
Djanogly City AcademyAcademy Sponsor LedGood0.55 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
Ortzen Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT2.52 KM
Bulwell1865BLW5.54 KM
Beeston1625BEE6.70 KM
Hucknall1862HKN9.21 KM
Netherfield6241NET9.25 KM

Nearby Listings

AddressPriceTypeScoreDistance
89a Forest Road West, Nottingham, NG7 £ 85,000BUY4 / 100.00 KM
Gedling Grove, Nottingham £ 425,000BUY7 / 100.05 KM
Forest Road West, Nottingham, NG7 4ER £ 155,000BUY5 / 100.05 KM
15 Gedling Grove, Nottingham, NG7 4DU £ 150,000BUY5 / 100.06 KM
Gedling Grove, Nottingham £ 675,000BUY5 / 100.06 KM

Nearby Properties

AddressPriceDistance
75 Forest Road West £ 58,0000.01 KM
93a Forest Road West £ 200,0000.01 KM
93c Forest Road West £ 125,0000.01 KM
93e Forest Road West £ 47,0000.01 KM
79 Forest Road West £ 201,0000.01 KM