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 %
- Est sale value
- 441,074.40 £Increased by 1.52 %
- Average area rental value
- 993.00 £/moIncreased by 16.14 %
- Est letting value
- 1,645.80 £/mo
- Est rental Yield
- 6.38 %Increased by 71.05 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Frank Innes created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Walter Halls Primary And Early Years School | Community School | Good | 0.64 KM |
| The Wells Academy | Academy Sponsor Led | 0.68 KM | |
| St. Ann'S North Children'S Centre | Children's Centre | 0.94 KM | |
| St Ann'S Well Academy | Academy Converter | Good | 1.34 KM |
| St Augustine'S Catholic Primary And Nursery School, A Voluntary Academy | Academy Sponsor Led | Good | 1.37 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Tapestry Close | £ 0 | 0 | 0.00 KM |
| Morley Avenue | £ 650,000 | 0 | 0.00 KM |
| Woodland Drive | £ 0 | 0 | 0.00 KM |
| Copenhagen Court | £ 0 | 0 | 0.00 KM |
| St Peter's Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 3.52 KM |
| Netherfield | 6241 | NET | 6.48 KM |
| Carlton | 6201 | CTO | 6.51 KM |
| Bulwell | 1865 | BLW | 7.09 KM |
| Hucknall | 1862 | HKN | 9.47 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Woodborough Road, NOTTINGHAM, Nottinghamshire, NG3 | £ 425,000 | BUY | 4 / 10 | 0.00 KM |
| 1A St. Judes Avenue, Mapperley, Nottingham NG3 5FG | £ 205,000 | BUY | 7 / 10 | 0.04 KM |
| 4 Russell Court, 562 Woodborough Road, Nottingham NG3 5FH | £ 80,000 | BUY | Unknown | 0.11 KM |
| St. Judes Avenue, Nottingham, Nottinghamshire, NG3 | £ 279,950 | BUY | 4 / 10 | 0.11 KM |
| St. Judes Avenue, NOTTINGHAM, Nottinghamshire, NG3 | £ 140,000 | BUY | 7 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 Mapperley Crescent | £ 197,500 | 0.05 KM |
| 4 Mapperley Crescent | £ 243,000 | 0.05 KM |
| 7 Mapperley Crescent | £ 53,000 | 0.05 KM |
| 6 Mapperley Crescent | £ 300,000 | 0.05 KM |
| 38 St Judes Avenue | £ 216,000 | 0.12 KM |