Woodborough Road, NOTTINGHAM, Nottinghamshire, NG3
FR

Woodborough Road, NOTTINGHAM, Nottinghamshire, NG3

By Frank Innes

£ 425,000

Reviews

2 out of 5 stars

Frank Innes says ..

For Sale: Period Semi-Detached Property Converted into 5 Studio Apartments – Generating £38,000+ Per Annum Price: £425,000 We are delighted to offer this fantastic investment opportunity: a period semi-detached property located on the sought-after Woodborou...

Property Oracle says ..

This five-bedroom, five-bathroom property on Woodborough Road, Mapperley, Nottingham, is presented as a potential investment opportunity, currently configured as five studio apartments generating a reported £38,000+ annual income. The property’s location is a key selling point, being close to schools such as Walter Halls Primary and several others rated ‘Good’ by Ofsted. Nottingham city centre is also within reasonable commuting distance, providing access to amenities and employment. However, the property’s condition needs attention. While the exterior appears acceptable, the internal photographs show rooms in a cluttered and somewhat worn state. The rooms require substantial cleaning and many may need refurbishment. The garden is small, offering limited outdoor space. The lack of precise plot size details is a concern. The listed price is questionable. While the rental income stream is appealing, a significant capital investment for refurbishment would be required, impacting overall profitability. The absence of detailed comparable local pricing data makes assessing the price per square foot and overall value challenging. Prospective buyers should conduct a thorough survey and obtain professional valuations and cost estimates for renovation work before making an offer.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
2
Bedrooms
5
Bathrooms
5
Sqft (est)
1,645.80

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
186,660.00 £
Decreased by 32.16 %
from 275,159.00 £
Est sale value
441,074.40 £
Increased by 1.52 %
from 434,491.20 £
Average area rental value
993.00 £/mo
Increased by 16.14 %
from 855.00 £/mo
Est letting value
1,645.80 £/mo
from 0.00 £/mo
Est rental Yield
6.38 %
Increased by 71.05 %
from 3.73 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Frank Innes created the listing.

Nearby Schools

NameTypeOfstedDistance
Walter Halls Primary And Early Years SchoolCommunity SchoolGood0.64 KM
The Wells AcademyAcademy Sponsor Led0.68 KM
St. Ann'S North Children'S CentreChildren's Centre0.94 KM
St Ann'S Well AcademyAcademy ConverterGood1.34 KM
St Augustine'S Catholic Primary And Nursery School, A Voluntary AcademyAcademy Sponsor LedGood1.37 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Tapestry Close £ 000.00 KM
Morley Avenue £ 650,00000.00 KM
Woodland Drive £ 000.00 KM
Copenhagen Court £ 000.00 KM
St Peter's Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT3.52 KM
Netherfield6241NET6.48 KM
Carlton6201CTO6.51 KM
Bulwell1865BLW7.09 KM
Hucknall1862HKN9.47 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
8 Mapperley Crescent £ 197,5000.05 KM
4 Mapperley Crescent £ 243,0000.05 KM
7 Mapperley Crescent £ 53,0000.05 KM
6 Mapperley Crescent £ 300,0000.05 KM
38 St Judes Avenue £ 216,0000.12 KM