Wise Properties Sales and Lettings Ltd says ..

Property Oracle says ..

This one-bedroom apartment in Nottingham city centre is presented as an investment opportunity. Its location in the vibrant city centre offers easy access to numerous amenities, including shops, restaurants, and transportation links via Nottingham train station. The proximity to several educational institutions, such as Nottingham Trent University, is also a potential advantage. The apartment itself shows a compact layout with a combined kitchen/living area, a mezzanine-level bedroom, and a small bathroom. The condition is generally reasonable, but some aspects appear dated, and modernisation might enhance appeal and rental potential. The absence of information regarding square footage and the lack of any outdoor space are notable shortcomings.

The property is within walking distance of several streets with a high average property price, suggesting its location is desirable. While there’s potential for rental income, given the compact size of the apartment, and its location in a busy city centre environment, targeting a specific demographic of tenants might be necessary to optimize rental yield. The listing price seems relatively competitive compared to other nearby apartment sales and the guide price range, although a more complete property description, including square footage and any significant aspects affecting condition would be beneficial in forming a more accurate assessment of its value. Potential buyers or investors should conduct a thorough survey and seek professional advice before making a purchase decision.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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