Birrell Road, Forest Fields, Nottingham
JM

Birrell Road, Forest Fields, Nottingham

By JMS Sales & Lettings

£ 220,000

Reviews

2 out of 5 stars

JMS Sales & Lettings says ..

** A FANTASTIC OPPORTUNITY TO PURCHASE A H.M.O PROPERTY CURRENTLY FULLY LET WITH FOUR SITTING TENANTS, MAKING THIS AN INSTANT INVESTMENT GROSS RETURN OF £21,660 PA **

Property Oracle says ..

This four-bedroom, one-bathroom terraced house in Forest Fields, Nottingham, is presented as a potential investment opportunity, currently fully let as an HMO. The property’s location in Forest Fields offers access to schools rated ‘Good’ by Ofsted, making it potentially attractive to families or students. The proximity to Nottingham city centre suggests convenient access to employment and amenities, although specific details on local shops, transport links and walkability are absent. The property appears functional from the photographs but could benefit from renovations or cosmetic updates. The interior is not in pristine condition and is somewhat minimally furnished which may be a reflection of it being an HMO. The kitchen and bathroom are present and appear functional, though not particularly modern. There is no evidence of a garden in the provided images. The lack of detailed information regarding the plot size and the varying prices of comparable properties on Birrell Road makes a definitive assessment of the property’s value challenging. The property is presented as an investment option. This has to be taken into account when performing an evaluation. More information on the condition of the property and rental income from tenants would be helpful in making a complete assessment.

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
7
Land
1
Bedrooms
4
Bathrooms
1
Sqft (est)
1,019.02

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
198,694.00 £
Increased by 5.11 %
from 189,041.00 £
Est sale value
234,374.60 £
Decreased by 19.58 %
from 291,439.72 £
Average area rental value
903.00 £/mo
Increased by 4.88 %
from 861.00 £/mo
Est letting value
1,019.02 £/mo
Unchanged by 0.00 %
from 1,019.02 £/mo
Est rental Yield
5.45 %
Decreased by 0.37 %
from 5.47 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • JMS Sales & Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
Djanogly City AcademyAcademy Sponsor LedGood0.38 KM
Djanogly Sherwood AcademyAcademy Sponsor Led0.45 KM
Forest Fields Primary And Nursery SchoolCommunity SchoolGood0.55 KM
Claremont Primary And Nursery SchoolCommunity SchoolGood0.55 KM
Carrington Primary And Nursery SchoolCommunity SchoolGood0.78 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Pelham Avenue £ 000.00 KM
Wesley Street £ 000.00 KM
The Grove £ 000.00 KM
Aubrey Road £ 000.00 KM
Woodbridge Court £ 160,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT3.03 KM
Bulwell1865BLW5.07 KM
Beeston1625BEE7.43 KM
Hucknall1862HKN8.52 KM
Netherfield6241NET9.11 KM

Nearby Listings

AddressPriceTypeScoreDistance
Birrell Road, Forest Fields, Nottingham £ 220,000BUY5 / 100.00 KM
14 Exeter Street, Nottingham, NG7 6LQ £ 115,000BUY4 / 100.05 KM
Birrell Road, Forest Fields £ 200,000BUYUnknown0.06 KM
Birrell Road, Nottingham £ 140,000BUYUnknown0.06 KM
Exeter Road, Forest Fields, Nottingham £ 160,000BUY5 / 100.10 KM

Nearby Properties

AddressPriceDistance
37 Birrell Road £ 128,5000.01 KM
17 Birrell Road £ 105,0000.01 KM
39 Birrell Road £ 125,0000.01 KM
25 Birrell Road £ 210,0000.01 KM
35 Birrell Road £ 43,4000.01 KM