10 BED HMO - Derby Road, Nottingham NG7 1LS
TO

10 BED HMO - Derby Road, Nottingham NG7 1LS

By Top 365 Ltd

£ 1,150,000

Reviews

3 out of 5 stars

Top 365 Ltd says ..

* INVESTMENT OPPERTUNITY * Take a look at this ten bedroom, HMO property for sale to any potential buyers looking for investment or the possibility of creating an incredible family home once vacant.

Property Oracle says ..

This is a substantial 10-bedroom detached property operating as a House in Multiple Occupation (HMO) on Derby Road, Nottingham. The property benefits from its proximity to Nottingham city center and the University of Nottingham. The condition appears to be generally acceptable, although some areas could benefit from modernization. It features 4 bathrooms and a paved outdoor area. The asking price of £1,150,000 equates to approximately £347 per square foot, which is slightly below the local average. As an HMO, the property’s investment potential hinges on its ability to generate consistent rental income. Further due diligence is recommended to assess the property’s income potential and any associated licensing requirements for operating an HMO in this location. Nearby amenities include transportation links and schools, adding to the property’s appeal for potential tenants. The property is modern.

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
7
Condition
6
Location
7
Land
5
Bedrooms
10
Bathrooms
4
Sqft (est)
3,311.00

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
1,211,826.00 £
Increased by 23.65 %
from 980,056.00 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
3,311.00 £/mo
Unchanged by 0.00 %
from 3,311.00 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Top 365 Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
St Joseph'S SchoolOther Independent School0.59 KM
Unity AcademyAcademy Alternative Provision Sponsor LedRequires improvement0.64 KM
Denewood AcademyAcademy Alternative Provision Sponsor LedGood0.68 KM
Nottingham High SchoolOther Independent School0.93 KM
Fig Tree Primary SchoolOther Independent SchoolGood0.99 KM

Images

Bedroom Four Bedroom Three Bedroom Six Kitchen Two Upstairs Shower One Upstairs Shower Two Downstairs Shower Two Rear External Rear Garden Rear Garden Drone Top Land EPC.jpg Car Park Kitchen One Kitchen One Kitchen Two Kitchen Two Kitchen Two Downstairs Shower One Rear of property Drone Rear Drone Front Drone Rear External Living Room Living Room Entrance Hall Shelter outside.jpg Bedroom One Bedroom Seven Bedroom Eight Bedroom Two Bedroom Ten Bedroom Five Bedroom Nine

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
Ireton Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT2.07 KM
Bulwell1865BLW6.15 KM
Beeston1625BEE6.23 KM
Netherfield6241NET9.24 KM
Attenborough1624ATB9.31 KM

Nearby Listings

AddressPriceTypeScoreDistance
10 BED HMO - Derby Road, Nottingham NG7 1LS £ 1,150,000BUY6 / 100.00 KM
3x HMO & 2x Commercial - Derby Road, Nottingham NG7 1LR £ 1,150,000BUYUnknown0.02 KM
2x HMO - Derby Road, Nottingham NG7 1LR £ 550,000BUYUnknown0.02 KM
Newcastle Drive, The Park, NG7 £ 639,000BUYUnknown0.05 KM
The Cigar Factory, 158 Derby Road Nottingham, NG7 1LR £ 95,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
121 Derby Road £ 530,0000.04 KM
119 Derby Road £ 110,0000.04 KM
136 Derby Road £ 135,0000.06 KM
27c Newcastle Drive £ 398,0000.08 KM
The Tower House £ 765,0000.08 KM