Main Street, Bulwell, Nottingham
By Robert Ellis
£ 1,250,000
Reviews
2 out of 5 stars
Robert Ellis says ..
Robert Ellis offers a large mixed-use site in Bulwell, Nottingham. (approx. 4,942m2) Featuring 6 residential houses with 18 bedrooms, 16 commercial units, and a large yard. With excellent transport links and development potential, this rare investment opportunity hasn't been on the market in ove...
Property Oracle says ..
This property in Bulwell, Nottingham, presents a complex investment opportunity. It’s a large mixed-use site comprising several residential and commercial units. The listing emphasizes its excellent transport links and development potential, highlighting the area’s proximity to Nottingham. However, the photographs reveal that the property requires substantial repairs and refurbishment. The residential areas are dated, with various rooms displaying visible wear and tear, outdated fittings, and clutter suggesting neglect. There are many problems visible in the images. Some walls have peeling paint, there are multiple ceiling imperfections, and several floors are stained and broken. The commercial spaces also appear rundown and require considerable work. Despite its significant land area, and its location being close to Nottingham and its transport links, the considerable need for extensive renovation work makes the property a high-risk investment. The listing’s price is above average for the immediate area, creating a considerable amount of risk. Any potential buyer should factor in substantial renovation costs, therefore the listing’s value would depend on the buyer’s capacity and the scope of the intended renovation project. Ultimately, the viability of this purchase hinges on a thorough assessment of renovation costs and a clear development strategy for the site.
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
- 3
- Location
- 4
- Land
- 7
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 1,000.00
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
- 535,000.00 £Increased by 16.93 %
- Est sale value
- 366,000.00 £Increased by 82.09 %
- Average area rental value
- 905.00 £/moDecreased by 41.61 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 2.03 %Decreased by 50.12 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Robert Ellis created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Crabtree Farm Primary School | Community School | Requires improvement | 0.59 KM |
| Bulwell Children'S Centre | Children's Centre | 0.78 KM | |
| Bulwell St Mary'S Primary And Nursery School | Academy Converter | Good | 1.01 KM |
| Cantrell Primary And Nursery School | Community School | Good | 1.05 KM |
| Bulwell Forest Children'S Centre | Children's Centre | 1.11 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Brook Close | £ 110,000 | 0 | 0.00 KM |
| Bromley Close | £ 0 | 0 | 0.00 KM |
| Charles Way | £ 130,000 | 0 | 0.00 KM |
| Filey Street | £ 800,000 | 0 | 0.00 KM |
| Imperial Road | £ 130,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bulwell | 1865 | BLW | 0.33 KM |
| Hucknall | 1862 | HKN | 4.61 KM |
| Nottingham | 1826 | NOT | 7.89 KM |
| Beeston | 1625 | BEE | 8.55 KM |
| Newstead | 1863 | NSD | 8.58 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Main Street, Bulwell, Nottingham. | £ 2,050,000 | BUY | 5 / 10 | 0.00 KM |
| Main Street, Bulwell, Nottingham | £ 1,250,000 | BUY | 5 / 10 | 0.00 KM |
| Brook Close, Nottingham | £ 160,000 | BUY | 7 / 10 | 0.13 KM |
| 15 Brook Close, Bulwell, Nottingham, Nottinghamshire, NG6 8NL | £ 65,000 | BUY | 5 / 10 | 0.14 KM |
| Newmarket Road, Nottingham | £ 125,000 | BUY | 7 / 10 | 0.21 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 27 Brook Close | £ 69,000 | 0.14 KM |
| 24 Brook Close | £ 50,000 | 0.14 KM |
| 34 Brook Close | £ 75,000 | 0.14 KM |
| 31 Brook Close | £ 120,000 | 0.14 KM |
| 38 Brook Close | £ 64,000 | 0.14 KM |