The Laceworks, Queens Road, Nottingham, NG2
FR

The Laceworks, Queens Road, Nottingham, NG2

By Frank Innes

£ 70,000

Reviews

2 out of 5 stars

Frank Innes says ..

**INVESTMENT OPPORTUNITY** An immaculately presented second floor studio apartment perfectly placed in the City. This purpose built student accommodation offers a 24 hour reception, games room, study zones and laundrette. This investment property is welcomed to the market f...

Property Oracle says ..

This one-bedroom apartment located in The Laceworks development in Nottingham’s Meadows area presents as a modern, well-maintained property. The photos reveal a recently refurbished interior with contemporary finishes, suggesting a relatively new or recently renovated space. The location offers a balance of city convenience with access to Nottingham’s amenities and transport links. There is a reasonable density of schools in the vicinity, suggesting a family-friendly aspect. The lack of square footage data prevents a definitive analysis of the price per square foot, but considering similar listings in nearby areas and the overall condition, the asking price of £70,000 appears reasonable, especially if geared towards a rental market. Information on potential parking and facilities within The Laceworks complex would further enhance the overall assessment. The area itself has certain challenges which potential buyers must consider prior to investing.

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
8
Location
7
Land
1
Bedrooms
1
Bathrooms
1

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
185,000.00 £
Decreased by 7.65 %
from 200,322.00 £
Average area rental value
1,073.00 £/mo
Decreased by 6.12 %
from 1,143.00 £/mo
Est rental Yield
6.96 %
Increased by 1.61 %
from 6.85 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Frank Innes created the listing.

Nearby Schools

NameTypeOfstedDistance
Meadows Sure Start Children'S CentreChildren's Centre0.55 KM
Stone Soup AcademyFree Schools Alternative ProvisionOutstanding0.57 KM
Greenfields Community SchoolCommunity SchoolGood0.57 KM
Nottingham CollegeFurther EducationRequires improvement0.76 KM
Welbeck Primary SchoolCommunity SchoolOutstanding0.82 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Arkwright Street North £ 000.00 KM
Brookfield Court £ 180,00000.00 KM
Carrington Street £ 000.00 KM
Heritage Mews £ 000.00 KM
Chardlace Walk £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT0.37 KM
Netherfield6241NET7.21 KM
Carlton6201CTO7.45 KM
Beeston1625BEE7.66 KM
Bulwell1865BLW8.37 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Laceworks, Queens Road, Nottingham, NG2 £ 70,000BUY5 / 100.00 KM
Queens Road, Nottingham, NG2 £ 74,995BUY6 / 100.01 KM
The Laceworks, Queens Road, Nottingham, NG2 £ 89,950BUYUnknown0.01 KM
Queens Road, Nottingham, NG2 £ 74,995BUY6 / 100.04 KM
Hicking Building, Queens Road, Nottingham £ 150,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
12 Uppingham Gardens £ 80,0000.24 KM
32 Uppingham Gardens £ 74,5000.24 KM
21 Uppingham Gardens £ 155,3000.24 KM
25 Uppingham Gardens £ 110,0000.24 KM
40 Uppingham Gardens £ 80,0000.24 KM