Minerva House, Spaniel Row, Nottingham, NG1 6EP
By yieldit
£ 50,000
Reviews
2 out of 5 stars
yieldit says ..
ATTENTION INVESTORS - INVEST IN PREMIUM STUDENT ACCOMODATION! Generate a high return with this fully furnished deluxe plus studio, close to Nottingham's top Universities.
Property Oracle says ..
This studio apartment in Minerva House, Nottingham, is marketed as student accommodation, boasting a central location close to both of Nottingham’s universities and a range of amenities. Its proximity to Nottingham Trent University and Stone Soup Academy is a significant advantage. However, the property’s condition raises immediate concerns. The photographs depict a cluttered and unclean living space, suggesting a lack of maintenance and potential disrepair. The cluttered state makes it hard to accurately assess the condition of the flooring, walls or furnishings beyond their general appearance. Whilst being in a desirable location for students, the condition of the property is far from ideal. The listed price of £50,000 appears to be on the higher end of similar listings in the area. While the property may attract investors due to the strong student rental market, the condition of the property should be considered carefully before purchase, as significant cleaning and potential repairs would be required.
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
- 6
- Condition
- 4
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 1
- Sqft (est)
- 360.66
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 %
- Est sale value
- 132,001.56 £Increased by 23.65 %
- Average area rental value
- 1,032.00 £/moDecreased by 0.77 %
- Est letting value
- 360.66 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.52 %Increased by 6.86 %
- Crime Rate
- 29.00 %Unchanged by 0.00 %
Agent Activity
yieldit created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Nottingham Trent University | Higher Education Institutions | Good | 0.53 KM |
| Stone Soup Academy | Free Schools Alternative Provision | Outstanding | 0.72 KM |
| St Joseph'S School | Other Independent School | 0.79 KM | |
| Welbeck Primary School | Community School | Outstanding | 0.80 KM |
| Nottingham College | Further Education | Requires improvement | 0.86 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Newcastle Chambers | £ 0 | 0 | 0.00 KM |
| Albert Street | £ 0 | 0 | 0.00 KM |
| Rutland Street | £ 0 | 0 | 0.00 KM |
| Norfolk Place | £ 0 | 0 | 0.00 KM |
| Peck Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 0.76 KM |
| Beeston | 1625 | BEE | 7.10 KM |
| Bulwell | 1865 | BLW | 7.28 KM |
| Netherfield | 6241 | NET | 8.00 KM |
| Carlton | 6201 | CTO | 8.19 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Minerva House | £ 50,000 | BUY | 5 / 10 | 0.01 KM |
| 421 Minerva House, Spaniel Row, Nottingham, NG1 6EP | £ 50,000 | BUY | Unknown | 0.01 KM |
| Minerva House, Spaniel Row, Nottingham, NG1 6EP | £ 40,000 | BUY | 5 / 10 | 0.01 KM |
| Minerva House, Spaniel Row, Nottingham, NG1 6EP | £ 55,000 | BUY | 5 / 10 | 0.01 KM |
| Minerva House, Spaniel Row, Nottingham, NG1 6EP | £ 45,000 | BUY | 6 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 65 Castle Boulevard | £ 192,000 | 0.52 KM |
| 32 Castle Boulevard | £ 425,000 | 0.56 KM |
| 10 Park Valley | £ 320,000 | 0.58 KM |
| 79 Castle Boulevard | £ 240,000 | 0.60 KM |
| 81 Castle Boulevard | £ 122,500 | 0.60 KM |