Robert Ellis says ..
**SPACIOUS FIVE-BEDROOM TERRACE HMO** Robert Ellis are delighted to offer to the market this FIVE bedroom end terrace property situated close to Nottingham City Centre! Each bedroom is generously sized, with a fully equipped kitchen and comfortable communal living space. Multip...
Property Oracle says ..
This five-bedroom terraced house in Nottingham’s Hyson Green & Arboretum area presents itself as a potential investment opportunity or a family home for those willing to undertake renovations. Its location offers convenient access to schools (multiple primary schools within 0.5 km), and public transport links to Nottingham City Centre are within reach. However, the property’s condition necessitates some improvement work. The kitchen and bathrooms are functional but dated, and some internal walls exhibit wear and tear. The photos also reveal a small, overgrown rear garden. The asking price of £265,000 seems relatively high compared to other nearby terraced houses, although the five bedrooms may justify a higher price for buyers focused on potential rental income. A comprehensive survey is recommended to identify any structural issues before purchase. Buyers should factor in renovation costs to improve the property’s overall condition and market value. Overall, the property could be a viable investment, but careful consideration of the required renovations and the local market conditions is essential.
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
- 2
- Bedrooms
- 5
- Bathrooms
- 2
- Sqft (est)
- 900.00
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Metrics Year-on-Year
- Average area value
- 162,250.00 £Decreased by 29.75 %
- Est sale value
- 201,600.00 £Increased by 5.66 %
- Average area rental value
- 986.00 £/moIncreased by 8.59 %
- Est letting value
- 900.00 £/mo
- Est rental Yield
- 7.29 %Increased by 54.45 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Robert Ellis created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Scotholme Primary And Nursery School | Academy Converter | Good | 0.23 KM |
| St Mary'S Catholic Primary School | Academy Converter | 0.27 KM | |
| Forest Fields Primary And Nursery School | Community School | Good | 0.29 KM |
| Take 1 Learning Centre | Other Independent School | Requires improvement | 0.47 KM |
| Djanogly Northgate Academy | Academy Converter | Good | 0.58 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Mayfair Court | £ 0 | 0 | 0.00 KM |
| Woodbridge Court | £ 160,000 | 0 | 0.00 KM |
| Craven Street | £ 0 | 0 | 0.00 KM |
| Flastaff Mews | £ 0 | 0 | 0.00 KM |
| Hawarden Terrace | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 3.61 KM |
| Bulwell | 1865 | BLW | 4.44 KM |
| Beeston | 1625 | BEE | 6.94 KM |
| Hucknall | 1862 | HKN | 8.13 KM |
| Attenborough | 1624 | ATB | 9.88 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Burford Road, Forest Fields, NG7 | £ 160,000 | BUY | 6 / 10 | 0.03 KM |
| Burford Road, Nottingham, Nottinghamshire, NG7 | £ 150,000 | BUY | 6 / 10 | 0.03 KM |
| Burford Road, Nottingham | £ 160,000 | BUY | 5 / 10 | 0.06 KM |
| Beaconsfield Street, Nottingham, Nottinghamshire, NG7 | £ 160,000 | BUY | 7 / 10 | 0.07 KM |
| Beaconsfield Street, Nottingham | £ 120,000 | BUY | 5 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 176 Burford Road | £ 162,000 | 0.02 KM |
| 202 Burford Road | £ 140,000 | 0.02 KM |
| 162 Burford Road | £ 107,500 | 0.02 KM |
| 148 Burford Road | £ 90,000 | 0.02 KM |
| 188 Burford Road | £ 80,000 | 0.02 KM |