Tennis Drive, Nottingham, Nottinghamshire, NG7
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Tennis Drive, Nottingham, Nottinghamshire, NG7

By Gascoines

£ 625,000

Reviews

3 out of 5 stars

Gascoines says ..

Exceptional High-Yield Investment Property in Nottingham’s Prestigious Park Estate.

Property Oracle says ..

The property is located in the Castle area of Nottingham, Nottinghamshire. Based on the provided information, the location appears to be desirable, with nearby schools and transportation options. The proximity to Nottingham city centre is also a positive factor. However, without further details on the specific amenities and their quality, a definitive assessment of the location score is difficult. The property itself seems to be in good condition, based on the images. The kitchen and bathrooms appear modern and well-maintained. However, some of the bedrooms show signs of being sparsely furnished, which could be interpreted either as a sign of the property being ready for a new owner to personalize it, or as a sign that the property is in need of some updating. The property has a relatively small plot size of 1,585.52 sqft, which is smaller than the average for the area. This could be seen as a drawback for those seeking a larger garden. The list price of £625,000 is significantly higher than the average price for the area (£302,231), which is a considerable price difference. However, the property has more bedrooms and a larger square footage than the average property. This suggests that the price may be justified by the property’s size and features, but further market analysis and comparison with similar properties in the area would be needed to fully confirm this. Considering the higher-than-average price, the property could be considered good value if the location and condition are highly desirable, and if there is sufficient demand for properties of this size and type in the area.

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
6
Condition
8
Location
9
Land
4
Bedrooms
6
Bathrooms
2
Sqft (est)
1,800.80
Lot (est)
1,585.52

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
273,747.00 £
Decreased by 7.23 %
from 295,097.00 £
Est sale value
659,092.80 £
Increased by 23.65 %
from 533,036.80 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
1,800.80 £/mo
Unchanged by 0.00 %
from 1,800.80 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Gascoines created the listing.

Nearby Schools

NameTypeOfstedDistance
St Joseph'S SchoolOther Independent School0.66 KM
Unity AcademyAcademy Alternative Provision Sponsor LedRequires improvement0.70 KM
Denewood AcademyAcademy Alternative Provision Sponsor LedGood0.74 KM
Nottingham High SchoolOther Independent School1.03 KM
Fig Tree Primary SchoolOther Independent SchoolGood1.04 KM

Images

Picture No. 12 Picture No. 09 Picture No. 11 Picture No. 10 Picture No. 05 Picture No. 02 Picture No. 06 Picture No. 08 Picture No. 03 Picture No. 04 Picture No. 07

Nearby Streets

NameAverage PriceAverage SqftDistance
Park Hill £ 000.00 KM
St Helen's Street £ 000.00 KM
Wood Street £ 000.00 KM
Montfort Street £ 90,00000.00 KM
Park Terrace £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT2.10 KM
Beeston1625BEE6.13 KM
Bulwell1865BLW6.18 KM
Attenborough1624ATB9.21 KM
Netherfield6241NET9.31 KM

Nearby Listings

AddressPriceTypeScoreDistance
Tennis Drive, Nottingham, Nottinghamshire, NG7 £ 625,000BUY6 / 100.00 KM
Newcastle Drive, The Park, NG7 £ 665,000BUY7 / 100.03 KM
Newcastle Drive, The Park, Nottingham £ 850,000BUY7 / 100.04 KM
Tennis Mews, The Park, NG7 £ 495,000BUY7 / 100.08 KM
Newcastle Drive, The Park, NG7 £ 639,000BUYUnknown0.08 KM

Nearby Properties

AddressPriceDistance
17 Tennis Drive £ 335,0000.01 KM
The Coach House £ 189,9500.01 KM
37 Tennis Drive £ 340,0000.01 KM
21 Tennis Drive £ 460,0000.01 KM
39 Tennis Drive £ 320,0000.03 KM