Minerva House, Spaniel Row, Nottingham, NG1 6EP
YI

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 %
from 295,097.00 £
Est sale value
132,001.56 £
Increased by 23.65 %
from 106,755.36 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
360.66 £/mo
Unchanged by 0.00 %
from 360.66 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
29.00 %
Unchanged by 0.00 %
from 29.00 %

Agent Activity

  • yieldit created the listing.

Nearby Schools

NameTypeOfstedDistance
The Nottingham Trent UniversityHigher Education InstitutionsGood0.53 KM
Stone Soup AcademyFree Schools Alternative ProvisionOutstanding0.72 KM
St Joseph'S SchoolOther Independent School0.79 KM
Welbeck Primary SchoolCommunity SchoolOutstanding0.80 KM
Nottingham CollegeFurther EducationRequires improvement0.86 KM

Images

min2444era2024-12-04__17-45-12_IMG_5575.jpg min2444era2024-12-04__17-45-16_IMG_5554.jpg min2444era2024-12-04__17-45-15_IMG_5549.jpg min2444era2024-12-04__17-45-16_IMG_5556.jpg min2444era2024-12-04__17-45-15_IMG_5551.jpg min2444era2024-12-04__17-45-17_IMG_5557.jpg min2444era2024-12-04__17-45-14_IMG_5541.jpg min2444era2024-12-04__17-45-14_IMG_5543.jpg min2444era2024-12-04__17-45-14_IMG_5548.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Newcastle Chambers £ 000.00 KM
Albert Street £ 000.00 KM
Rutland Street £ 000.00 KM
Norfolk Place £ 000.00 KM
Peck Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT0.76 KM
Beeston1625BEE7.10 KM
Bulwell1865BLW7.28 KM
Netherfield6241NET8.00 KM
Carlton6201CTO8.19 KM

Nearby Listings

AddressPriceTypeScoreDistance
Minerva House £ 50,000BUY5 / 100.01 KM
421 Minerva House, Spaniel Row, Nottingham, NG1 6EP £ 50,000BUYUnknown0.01 KM
Minerva House, Spaniel Row, Nottingham, NG1 6EP £ 40,000BUY5 / 100.01 KM
Minerva House, Spaniel Row, Nottingham, NG1 6EP £ 55,000BUY5 / 100.01 KM
Minerva House, Spaniel Row, Nottingham, NG1 6EP £ 45,000BUY6 / 100.01 KM

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