6 BED HMO - Welby Avenue, Lenton, Nottingham NG7 1QL
By Top 365 Ltd
£ 475,000
Reviews
3 out of 5 stars
Top 365 Ltd says ..
This property presents an excellent opportunity for investors looking to make a wise investment in a property that is in good condition. With a total of six bedrooms and three bathrooms, this home offers both space and comfort for its future owners.
Property Oracle says ..
This detached property on Welby Avenue, Lenton, Nottingham, is currently configured as a 6-bedroom HMO. The location is advantageous due to its proximity to the University of Nottingham and good transport links. While the property offers a substantial 1,195.87 sqft of living space and includes a garden, it requires some renovation and modernisation to maximize its potential. The listing price of £475,000 reflects its potential as an investment property, given its HMO status and location. However, prospective buyers should factor in the cost of necessary upgrades and landscaping.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 6
- Bedrooms
- 6
- Bathrooms
- 3
- Sqft (est)
- 1,195.87
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
- 227,385.00 £Decreased by 19.26 %
- Est sale value
- 287,008.80 £Decreased by 19.46 %
- Average area rental value
- 1,344.00 £/moIncreased by 32.28 %
- Est letting value
- 1,195.87 £/moUnchanged by 0.00 %
- Est rental Yield
- 7.09 %Increased by 63.74 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Top 365 Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Edna G. Olds Academy | Academy Converter | Outstanding | 0.34 KM |
| Mellers Primary School | Community School | Good | 0.86 KM |
| The Nottingham Nursery School And Training Centre | Local Authority Nursery School | Outstanding | 0.94 KM |
| Radford Primary School Academy | Academy Converter | Good | 0.98 KM |
| Bentinck Primary And Nursery School | Community School | Good | 1.12 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Godfrey Lane | £ 0 | 0 | 0.00 KM |
| Lenton Boulevard | £ 0 | 0 | 0.00 KM |
| Bloomsgrove Street | £ 0 | 0 | 0.00 KM |
| Garden Street | £ 0 | 0 | 0.00 KM |
| Stansfield Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 2.84 KM |
| Beeston | 1625 | BEE | 5.27 KM |
| Bulwell | 1865 | BLW | 5.99 KM |
| Attenborough | 1624 | ATB | 8.33 KM |
| Hucknall | 1862 | HKN | 10.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 6 BED HMO - Welby Avenue, Lenton, Nottingham NG7 1QL | £ 475,000 | BUY | 6 / 10 | 0.00 KM |
| Welby Avenue, Nottingham, Nottinghamshire, NG7 | £ 275,000 | BUY | Unknown | 0.06 KM |
| Welby Avenue, Nottingham | £ 300,000 | BUY | 5 / 10 | 0.11 KM |
| Rothesay Avenue, Lenton, Nottingham, NG7 1PU | £ 425,000 | BUY | 6 / 10 | 0.14 KM |
| Rolleston Drive, Lenton | £ 250,000 | BUY | 6 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 197 Derby Road | £ 380,000 | 0.05 KM |
| 199 Derby Road | £ 183,000 | 0.05 KM |
| 203 Derby Road | £ 190,000 | 0.05 KM |
| 211 Derby Road | £ 150,000 | 0.05 KM |
| 209 Derby Road | £ 315,000 | 0.05 KM |