Forester Road Development, Nottingham, NG3
By Northwood
£ 595,000
Reviews
3 out of 5 stars
Northwood says ..
Northwood is excited to present two properties: a three-bed detached property and a three-bed semi-detached property converted into four apartments. This listing includes planning permission for further extensions, creating a total of 8 apartments consisting of seven two bed apartments and one...
Property Oracle says ..
This property on Forester Road, Nottingham, presents as a semi-detached house with potential for redevelopment. The listing details suggest it may be converted into multiple apartments in the near future, which could significantly alter its value and appeal. The property’s current state seems to be a reasonable condition, but modernisation and renovation would likely enhance its attractiveness to potential buyers. The location in Carlton Hill offers a balance between convenient access to schools and amenities and proximity to Nottingham city centre, although it may be further out than some buyers would prefer. The small garden space is a limitation, but might suffice depending on buyer preferences. The list price of £595,000 requires careful consideration in light of comparable properties in the area. Given the planned development, this price could prove justified if the conversion goes as planned. However, the risk associated with such developments needs to be assessed carefully. The information on property sizes is incomplete which prevents a more precise assessment of the price per square foot and whether it represents good value. A buyer should weigh the advantages of the location and potential redevelopment against the cost and associated uncertainties.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 4
- Bedrooms
- 4
- Bathrooms
- 4
- Sqft (est)
- 427.00
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
- 256,818.00 £Increased by 11.34 %
- Est sale value
- 140,910.00 £Increased by 3.77 %
- Average area rental value
- 1,206.00 £/moIncreased by 37.51 %
- Est letting value
- 427.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.64 %Increased by 23.68 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Northwood created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Porchester Junior School | Academy Converter | Good | 0.28 KM |
| Thorneywood Education Base | Miscellaneous | 0.34 KM | |
| Hogarth Academy | Academy Converter | Good | 0.55 KM |
| Standhill Infants' School | Community School | Good | 0.78 KM |
| St. Ann'S North Children'S Centre | Children's Centre | 1.27 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Beeches | £ 150,000 | 0 | 0.00 KM |
| Hawthorn Walk | £ 0 | 0 | 0.00 KM |
| Kelvin Road | £ 0 | 0 | 0.00 KM |
| Carlton Road | £ 210,000 | 0 | 0.00 KM |
| Bowland Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 4.05 KM |
| Netherfield | 6241 | NET | 4.37 KM |
| Carlton | 6201 | CTO | 4.42 KM |
| Burton Joyce | 6200 | BUJ | 8.68 KM |
| Bulwell | 1865 | BLW | 9.21 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Forester Road Development, Nottingham, NG3 | £ 595,000 | BUY | 6 / 10 | 0.00 KM |
| Forester Road, Nottingham | £ 375,000 | BUY | 6 / 10 | 0.02 KM |
| Forester Road, Nottingham, Nottinghamshire, NG3 6LP | £ 150,000 | BUY | 6 / 10 | 0.02 KM |
| Cherrywood Gardens, Carlton, Nottinghamshire, NG3 6LR | £ 240,000 | BUY | 7 / 10 | 0.12 KM |
| Porchester Road, Nottingham | £ 425,000 | BUY | 7 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 2 Forester Road | £ 110,000 | 0.00 KM |
| 37a Forester Road | £ 155,000 | 0.00 KM |
| 33 Forester Road | £ 250,000 | 0.04 KM |
| 37b Forester Road | £ 95,000 | 0.04 KM |
| 30 Forester Road | £ 175,000 | 0.04 KM |