The Habitat, Woolpack Lane, Lace Market
MA

The Habitat, Woolpack Lane, Lace Market

By Martin & Co

£ 155,000

Reviews

2 out of 5 stars

Martin & Co says ..

***EWS1 COMPLIANT*** Situated in the ever popular Habitat development, this bright and spacious two bedroom apartment makes an ideal investment opportunity with a 7.3% yield or live in purchase. The property briefly comprises of a large open plan living/kitchen/dining area with a balcony, two dou...

Property Oracle says ..

This two-bedroom apartment in Nottingham’s Lace Market offers a centrally located city living experience. The property is situated within walking distance of Nottingham train station and various amenities. The apartment appears well-maintained based on the photographs, featuring a modern kitchen and two bathrooms. The living spaces seem adequately sized for a two-bedroom apartment, and the inclusion of a balcony is a positive. While the condition of the property appears acceptable, there’s limited information on the building’s structural integrity or the presence of any potential issues. The absence of a garden is a standard feature of apartment living in this location and is not a significant drawback for all buyers. The price of £155,000 falls within the range of similar properties in the area. More details on property specifics and local market trends would enable a more conclusive assessment. Potential buyers may find the location attractive for its proximity to transport and various amenities; however, they must consider the lack of outdoor space and the importance of further investigation to determine the condition of the building and potential for future maintenance.

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
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
607.08

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
222,191.28 £
Increased by 23.65 %
from 179,695.68 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
607.08 £/mo
Unchanged by 0.00 %
from 607.08 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
17.00 %
Unchanged by 0.00 %
from 17.00 %

Agent Activity

  • Martin & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Nottingham CollegeFurther EducationRequires improvement0.16 KM
Stone Soup AcademyFree Schools Alternative ProvisionOutstanding0.39 KM
Sutherland House SchoolNon-maintained Special SchoolGood0.39 KM
St. Ann'S South Children'S CentreChildren's Centre0.91 KM
Huntingdon AcademyAcademy ConverterOutstanding0.92 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Angel Alley £ 000.00 KM
Brightmoor Court £ 210,00000.00 KM
King's Place £ 000.00 KM
East Street £ 000.00 KM
Western Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT0.81 KM
Netherfield6241NET6.98 KM
Carlton6201CTO7.18 KM
Bulwell1865BLW7.88 KM
Beeston1625BEE8.06 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Habitat, Woolpack Lane, Lace Market £ 155,000BUY5 / 100.00 KM
The Habitat, Woolpack Lane £ 120,000BUY5 / 100.00 KM
6 Semi Commercial Properties across, Nottinghamshire. FRI 400k, scope to increase by 12% £ 4,100,000BUY5 / 100.00 KM
Flat 125, The Habitat, Woolpack Lane, Nottingham £ 125,000BUY6 / 100.02 KM
Woolpack Lane, Nottingham £ 140,000BUY5 / 100.02 KM

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