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 %
- Est sale value
- 234,374.60 £Decreased by 19.58 %
- Average area rental value
- 903.00 £/moIncreased by 4.88 %
- Est letting value
- 1,019.02 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.45 %Decreased by 0.37 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
JMS Sales & Lettings created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Djanogly City Academy | Academy Sponsor Led | Good | 0.38 KM |
Djanogly Sherwood Academy | Academy Sponsor Led | 0.45 KM | |
Forest Fields Primary And Nursery School | Community School | Good | 0.55 KM |
Claremont Primary And Nursery School | Community School | Good | 0.55 KM |
Carrington Primary And Nursery School | Community School | Good | 0.78 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Pelham Avenue | £ 0 | 0 | 0.00 KM |
Wesley Street | £ 0 | 0 | 0.00 KM |
The Grove | £ 0 | 0 | 0.00 KM |
Aubrey Road | £ 0 | 0 | 0.00 KM |
Woodbridge Court | £ 160,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Nottingham | 1826 | NOT | 3.03 KM |
Bulwell | 1865 | BLW | 5.07 KM |
Beeston | 1625 | BEE | 7.43 KM |
Hucknall | 1862 | HKN | 8.52 KM |
Netherfield | 6241 | NET | 9.11 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Birrell Road, Forest Fields, Nottingham | £ 220,000 | BUY | 5 / 10 | 0.00 KM |
14 Exeter Street, Nottingham, NG7 6LQ | £ 115,000 | BUY | 4 / 10 | 0.05 KM |
Birrell Road, Forest Fields | £ 200,000 | BUY | Unknown | 0.06 KM |
Birrell Road, Nottingham | £ 140,000 | BUY | Unknown | 0.06 KM |
Exeter Road, Forest Fields, Nottingham | £ 160,000 | BUY | 5 / 10 | 0.10 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
37 Birrell Road | £ 128,500 | 0.01 KM |
17 Birrell Road | £ 105,000 | 0.01 KM |
39 Birrell Road | £ 125,000 | 0.01 KM |
25 Birrell Road | £ 210,000 | 0.01 KM |
35 Birrell Road | £ 43,400 | 0.01 KM |