Lace Street, Nottingham, Nottinghamshire, NG7
BA

Lace Street, Nottingham, Nottinghamshire, NG7

By Bairstow Eves

£ 300,000

Reviews

2 out of 5 stars

Bairstow Eves says ..

**Key Features** - Detached House - Three Bedrooms - Licenced HMO - Close to Nottingham University and QMC - Lounge & separate Kitchen - Upstair Bathroom - Front Side & Rear Garden - Driveway Parking to Rear - No Chain A tradi...

Property Oracle says ..

This three-bedroom property on Lace Street, Nottingham, is situated in a convenient location near Nottingham University and the Queens Medical Centre. This proximity is a significant advantage, as it makes the property attractive to students and those working at the hospital. The presence of good schools nearby also increases its family appeal.

However, the property’s condition requires attention. Based on the images, the interior appears dated and could use a refresh or more significant renovation. The bathroom especially needs modernising. The kitchen is functional, but lacks modern amenities. The garden, though present, appears quite small.

The list price of £300,000 seems slightly higher given the required upgrades, and the lack of detailed property information for nearby listings hampers a conclusive price-per-square-foot comparison. The significant price difference between properties on the same street further demonstrates the variability of pricing based on the property’s specific features and condition. Potential buyers should factor the cost of modernisation into their assessment of the property’s overall value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
7
Land
4
Bedrooms
3
Bathrooms
1
Sqft (est)
935.38

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
227,385.00 £
Decreased by 19.26 %
from 281,611.00 £
Est sale value
224,491.20 £
Decreased by 19.46 %
from 278,743.24 £
Average area rental value
1,344.00 £/mo
Increased by 32.28 %
from 1,016.00 £/mo
Est letting value
935.38 £/mo
Unchanged by 0.00 %
from 935.38 £/mo
Est rental Yield
7.09 %
Increased by 63.74 %
from 4.33 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Bairstow Eves created the listing.

Nearby Schools

NameTypeOfstedDistance
University Of NottinghamHigher Education Institutions0.40 KM
Dunkirk, Lenton And Lenton Abbey Children'S CentreChildren's Centre0.41 KM
Nottingham University Academy Of Science And TechnologyFree SchoolsGood0.43 KM
Dunkirk Primary And Nursery SchoolCommunity SchoolGood0.46 KM
Edna G. Olds AcademyAcademy ConverterOutstanding1.64 KM

Images

Front Living Room Living Room Living Room Rear Bedroom Bedroom Bedroom Bedroom Bedroom Bedroom Bedroom Bathroom Hall Living Room Living Room

Nearby Streets

NameAverage PriceAverage SqftDistance
Coates Road £ 000.00 KM
Nazareth Court £ 175,00000.00 KM
Newton Street £ 000.00 KM
Friar Street £ 000.00 KM
Coombe Close £ 750,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Beeston1625BEE3.34 KM
Nottingham1826NOT4.30 KM
Attenborough1624ATB6.40 KM
Bulwell1865BLW6.74 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lace Street, Nottingham, Nottinghamshire, NG7 £ 300,000BUY5 / 100.00 KM
Lace Street, Dunkirk, NG7 2JG £ 335,000BUY5 / 100.04 KM
Lace Street, Dunkirk, Nottingham £ 259,700BUY6 / 100.05 KM
Ednaston Road, Dunkirk, NG7 2JF £ 290,000BUY6 / 100.05 KM
Highfield Road, Nottingham, NG7 £ 290,000BUY6 / 100.06 KM

Nearby Properties

AddressPriceDistance
42 Lace Street £ 180,0000.00 KM
56 Lace Street £ 134,0000.00 KM
43 Lace Street £ 122,5000.00 KM
50 Lace Street £ 65,0000.00 KM
55 Lace Street £ 73,0000.00 KM