The list price of £525,000 for a five-bedroom property, which is described as a block of apartments with fully-let units, needs further context. While the gross rental income of £44,400 (as stated in one listing) provides some financial justification, the property’s value would depend significantly on factors like the current market rental rates in the area, the remaining lease terms, the condition of the individual apartments, and the potential for future rental growth. The lack of square footage data prevents a precise price-per-square-foot analysis. Considering comparable properties in the area, the price seems reasonable, but not necessarily exceptional value.

Based on the provided photographs, the property appears to be in good condition. The interiors show modern finishes and fixtures, suggesting recent refurbishment. The bathrooms and kitchens are well-maintained and updated. The overall aesthetic is clean and contemporary. There is no visible evidence of significant repairs needed.

The property is situated on Forest Road West in the Arboretum area of Nottingham. While the Arboretum itself isn’t considered a top-tier location in Nottingham, it benefits from proximity to good schools like Denewood Academy (rated ‘Good’ by Ofsted) and Djanogly City Academy (also ‘Good’). The presence of several schools within a short distance makes it family-friendly and increases desirability. Nottingham city center is also relatively accessible, although the exact travel times and convenience of public transport would need further investigation. The area’s proximity to transport links would need to be further examined to verify its impact on the location score.

The listing clearly states that the plot size is 0.00 sqft. indicating that there is no land associated with this property. This is consistent with a block of apartments, lacking private garden space or outdoor area.