Wiverton Road, Nottingham, NG7
PU

Wiverton Road, Nottingham, NG7

By Purplebricks

£ 500,000

Reviews

3 out of 5 stars

Purplebricks says ..

INVESTMENT HOTSPOT! PRIME HMO WITH HUGE POTENTIAL •£40,000+ ANNUAL INCOME:* Currently generating a strong return with potential to increase! •FULL 5-YEAR HMO LICENCE (Nov 2024):* A valuable asset for continued HMO operation. • FLEXIBLE TENANCIES (Ends Sept):* Choose to retain professionals or...

Property Oracle says ..

The property is located in Nottingham, a city with a growing population and a diverse housing market. The area benefits from good transport links, with Nottingham train station approximately 2.95km away, providing access to major cities. There are also several schools nearby, including Djanogly City Academy, which has a good Ofsted rating. This suggests a relatively convenient location for families and commuters. The presence of a small garden adds to the property’s appeal, although the exact size is not specified.

The property appears to be well-maintained and modernised, with a recently updated kitchen and bathrooms. The images show a clean and tidy interior, suggesting that the property is in good condition. There is no evidence to suggest that the property is in need of significant repairs or renovation.

The list price of £500,000 is significantly higher than the average price for properties in the area (£198,694). However, the property is considerably larger than the average (1,709.31 sqft vs 861 sqft), and includes additional features such as multiple bathrooms and bedrooms. The average price per square foot in the area is £230, while the price per square foot for this property is approximately £292. Considering the size, condition, and location, the list price may be justified, although it is higher than the average for the area. Further analysis of comparable properties in the immediate vicinity would be beneficial to definitively assess the pricing.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
8
Land
7
Bedrooms
6
Bathrooms
3
Sqft (est)
1,709.31
Lot (est)
2,186.15

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
209,818.00 £
Increased by 7.15 %
from 195,809.00 £
Est sale value
376,048.20 £
Decreased by 4.76 %
from 394,850.61 £
Average area rental value
915.00 £/mo
Decreased by 3.07 %
from 944.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 1,709.31 £/mo
Est rental Yield
5.23 %
Decreased by 9.67 %
from 5.79 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Djanogly City AcademyAcademy Sponsor LedGood0.35 KM
Djanogly Sherwood AcademyAcademy Sponsor Led0.53 KM
Forest Fields Primary And Nursery SchoolCommunity SchoolGood0.59 KM
Claremont Primary And Nursery SchoolCommunity SchoolGood0.60 KM
Nottingham High SchoolOther Independent School0.73 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Flastaff Mews £ 000.00 KM
Pelham Avenue £ 000.00 KM
Goodwin Street £ 000.00 KM
The Grove £ 000.00 KM
Wesley Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT2.95 KM
Bulwell1865BLW5.14 KM
Beeston1625BEE7.39 KM
Hucknall1862HKN8.60 KM
Netherfield6241NET9.08 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wiverton Road, Nottingham, NG7 £ 500,000BUY7 / 100.00 KM
Wiverton Road, Forest Fields £ 210,000BUY4 / 100.02 KM
Exeter Road, Forest Fields, Nottinghamshire, NG7 6LQ £ 150,000BUY6 / 100.07 KM
Premier Road, Forest Fields, Nottinghamshire, NG7 6NW £ 345,000BUY6 / 100.07 KM
Birrell Road, Forest Fields, Nottingham, Nottinghamshire, NG7 £ 210,000BUY5 / 100.07 KM

Nearby Properties

AddressPriceDistance
58 Birrell Road £ 95,0000.07 KM
68 Birrell Road £ 156,0000.07 KM
38 Birrell Road £ 84,0000.07 KM
20 Birrell Road £ 67,0000.07 KM
14 Birrell Road £ 110,0000.07 KM