The Gadd Street Portfolio
By Comfort Lettings
£ 2,880,000
Reviews
2 out of 5 stars
Comfort Lettings says ..
SIX HMOs FOR SALE. A combined 36 bedrooms across 6 townhouses located within walking distance to NTU and Nottingham City Centre. Gross rental income of £241,740 p/a, with a projected 8.4% yield for 25/26.
Property Oracle says ..
The property is a modern, recently constructed block of flats, possibly purpose-built for student accommodation or similar. The images show a consistent, modern interior design across multiple units. The exterior is also modern and well-maintained. The location in Hyson Green & Arboretum, Nottingham, places it reasonably close to several schools and Nottingham railway station. This suggests good access to education and transport links. However, the immediate surroundings appear to be primarily residential, with limited visible shops or other amenities in the immediate vicinity shown in the provided images. Further investigation would be needed to fully assess the location’s convenience. The property has minimal or no land associated with it, as indicated by a plot size of 0.00 sqft. This is typical for a terraced property, especially in an urban area like Nottingham. The lack of a garden is a factor to consider. Considering the list price of £2,880,000 and the average price per sqft in the area (£195), the property’s price seems exceptionally high. The average house price in the area is significantly lower (£182,786). While the property is large (36 bedrooms, 12 bathrooms), the price per sqft is far above the average. This suggests the price may not reflect the typical market value for the area, unless there are unique features or circumstances justifying the premium. The high number of bedrooms and bathrooms could suggest that the property is being marketed as a large HMO (House of Multiple Occupancy) or similar, potentially explaining the higher price. However, more information is needed to confirm this.
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
- 3
- Condition
- 9
- Location
- 6
- Land
- 1
- Bedrooms
- 36
- Bathrooms
- 12
- Sqft (est)
- 971.77
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
- 217,676.48 £Increased by 5.66 %
- Average area rental value
- 986.00 £/moIncreased by 8.59 %
- Est letting value
- 971.77 £/mo
- Est rental Yield
- 7.29 %Increased by 54.45 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Comfort Lettings created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Fig Tree Primary School | Other Independent School | Good | 0.20 KM |
| Bentinck Primary And Nursery School | Community School | Good | 0.29 KM |
| Denewood Academy | Academy Alternative Provision Sponsor Led | Good | 0.34 KM |
| Unity Academy | Academy Alternative Provision Sponsor Led | Requires improvement | 0.34 KM |
| Take 1 Learning Centre | Other Independent School | Requires improvement | 0.56 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ortzen Street | £ 0 | 0 | 0.00 KM |
| The Grove | £ 0 | 0 | 0.00 KM |
| Bovill Street | £ 0 | 0 | 0.00 KM |
| Old Mill Close | £ 0 | 0 | 0.00 KM |
| Cope Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 2.88 KM |
| Bulwell | 1865 | BLW | 5.29 KM |
| Beeston | 1625 | BEE | 6.24 KM |
| Hucknall | 1862 | HKN | 9.12 KM |
| Attenborough | 1624 | ATB | 9.27 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Gadd Street Portfolio | £ 2,880,000 | BUY | 4 / 10 | 0.00 KM |
| The Gadd Street Portfolio x9 HMO's | £ 4,050,000 | BUY | Unknown | 0.01 KM |
| Gadd Street & Peveril Street, Radford | £ 1,350,000 | BUY | 5 / 10 | 0.03 KM |
| Gadd Street x3 HMO's | £ 1,350,000 | BUY | Unknown | 0.05 KM |
| Ortzen Street, NOTTINGHAM | £ 750,000 | BUY | 4 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 2 Gadd Street | £ 249,995 | 0.03 KM |
| 12 Gadd Street | £ 615,000 | 0.03 KM |
| 20 Gadd Street | £ 152,500 | 0.03 KM |
| 14 Gadd Street | £ 81,000 | 0.03 KM |
| 22 Gadd Street | £ 164,000 | 0.03 KM |