48a Forest Road West, Arboretum, NG1 4EQ
By HEB Property Consultants
£ 525,000
Reviews
3 out of 5 stars
HEB Property Consultants says ..
Residential development / investment opportunity. Three x mix of one & two bed self-contained fully refurbished flats. Ready for immediate tenant occupation. Sale price forms part of a six-property portfolio.
Property Oracle says ..
This listing presents a residential investment opportunity in Nottingham, specifically a block of apartments located at 48a Forest Road West, in the Arboretum area. The property is described as comprising three self-contained, refurbished flats, ready for immediate tenant occupation. The images show recently modernised flats with modern kitchens and bathrooms. The property’s location is convenient in terms of access to educational institutions and transportation links to Nottingham city centre. However, more information is required to fully assess the value for money of this property. Specifically, details about the size of the individual apartments, rental income, and the overall return on investment would greatly assist in making a comprehensive evaluation. Comparing the sale price to other nearby apartments and similar investment properties in Nottingham, particularly those within the same vicinity or with comparable specifications would give a more conclusive picture. The absence of information relating to the size and number of bedrooms and bathrooms, alongside the lack of information on the plot size, needs further clarification to aid a proper assessment of the property’s market value.
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
- 8
- Location
- 7
- Land
- 2
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 2,469.24
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 %
- Est sale value
- 553,109.76 £Increased by 5.66 %
- Average area rental value
- 986.00 £/moIncreased by 8.59 %
- Est letting value
- 2,469.24 £/mo
- Est rental Yield
- 7.29 %Increased by 54.45 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
HEB Property Consultants created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Denewood Academy | Academy Alternative Provision Sponsor Led | Good | 0.09 KM |
| Unity Academy | Academy Alternative Provision Sponsor Led | Requires improvement | 0.13 KM |
| Fig Tree Primary School | Other Independent School | Good | 0.40 KM |
| Nottingham High School | Other Independent School | 0.59 KM | |
| Djanogly City Academy | Academy Sponsor Led | Good | 0.59 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Goodwin Street | £ 0 | 0 | 0.00 KM |
| The Grove | £ 0 | 0 | 0.00 KM |
| Ireton Street | £ 0 | 0 | 0.00 KM |
| Ortzen Street | £ 0 | 0 | 0.00 KM |
| Old Mill Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 2.58 KM |
| Bulwell | 1865 | BLW | 5.50 KM |
| Beeston | 1625 | BEE | 6.58 KM |
| Hucknall | 1862 | HKN | 9.21 KM |
| Netherfield | 6241 | NET | 9.38 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 48a Forest Road West, Arboretum, NG1 4EQ | £ 525,000 | BUY | 6 / 10 | 0.00 KM |
| 46a Forest Road West, Arboretum, NG7 4EQ | £ 1 | BUY | Unknown | 0.01 KM |
| 48 Forest Road West, Arboretum, NG1 4EQ | £ 750,000 | BUY | 4 / 10 | 0.02 KM |
| 50 Forest Road West, Arboretum, NG1 4EQ | £ 125,000 | BUY | 4 / 10 | 0.04 KM |
| 105 Forest Road West, Arboretum, NG7 4ER | £ 525,000 | BUY | 5 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 24 Forest Road West | £ 125,000 | 0.03 KM |
| 44a Forest Road West | £ 215,000 | 0.06 KM |
| 28 Forest Road West | £ 200,000 | 0.06 KM |
| 12 Waterloo Road | £ 177,500 | 0.07 KM |
| 26 Waterloo Road | £ 39,887,285 | 0.07 KM |