Talbot House Hotel, West Bridgford, Nottingham, Nottinghamshire
By HMO Sales Expert
£ 2,250,000
Reviews
2 out of 5 stars
HMO Sales Expert says ..
Talbot House Hotel offers a prime aparthotel investment with 18 modern studios on a 10-year FRI lease, generating a 7.68% gross yield. Located near Nottingham’s city centre, universities, and major employers, it ensures steady demand. With stable income, hands-free management, and regeneration-dr...
Property Oracle says ..
Talbot House Hotel, situated on Bridgford Road in West Bridgford, Nottingham, is offered for sale as a block of 18 apartments. The property is presented as a modern aparthotel investment opportunity with a 10-year lease, boasting a significant gross yield. The listing suggests strong rental demand due to its location near Nottingham city centre, universities, and major employers. The provided photographs showcase modern, recently renovated interiors with contemporary design and fixtures. However, the lack of detailed information regarding the specifics of the lease agreement (e.g., terms and conditions, potential for renewal) would be critical for potential investors. Likewise, absence of a plot size for the property highlights the commercial nature of the sale – this is not a single family home. Its location in West Bridgford is advantageous, benefiting from good schools, transport links (including proximity to Nottingham Train Station, and other amenities. The price reflects the location and investment potential but requires further due diligence to verify the overall financial viability and long term sustainability of the asset. Potential buyers should conduct a thorough property survey, review all legal documentation, and obtain independent financial advice before proceeding with any purchase. Furthermore, it would be essential to determine the specifics of the ongoing management of the property, the associated costs, and the anticipated future maintenance demands.
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
- 7
- Location
- 8
- Land
- 1
- Bedrooms
- 18
- Bathrooms
- 18
- Sqft (est)
- 2,798.62
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
- 424,500.00 £Increased by 7.93 %
- Est sale value
- 873,169.44 £Decreased by 20.81 %
- Average area rental value
- 830.00 £/moDecreased by 15.99 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 2.35 %Decreased by 21.93 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
HMO Sales Expert created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Clayfield House | Secure Units | 0.48 KM | |
| West Bridgford Infant School | Community School | Outstanding | 0.54 KM |
| Lady Bay Primary School | Community School | Good | 1.11 KM |
| West Bridgford Junior School | Community School | Outstanding | 1.37 KM |
| Greenfields Community School | Community School | Good | 1.43 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Loading Area | £ 0 | 0 | 0.00 KM |
| Orston Road West | £ 250,000 | 0 | 0.00 KM |
| London Road | £ 335,000 | 0 | 0.00 KM |
| Trentside North | £ 255,000 | 0 | 0.00 KM |
| Melton Grove | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 2.10 KM |
| Netherfield | 6241 | NET | 6.41 KM |
| Carlton | 6201 | CTO | 6.72 KM |
| Beeston | 1625 | BEE | 8.57 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Bridgford Road, Nottingham, Nottinghamshire, NG2 | £ 525,000 | BUY | 7 / 10 | 0.03 KM |
| Millicent Road, West Bridgford, Nottinghamshire, NG2 | £ 800,000 | BUY | 7 / 10 | 0.08 KM |
| Musters Road, West Bridgford, Nottinghamshire, NG2 7PS | £ 160,000 | BUY | 6 / 10 | 0.14 KM |
| Musters Road, West Bridgford, Nottingham | £ 265,000 | BUY | 5 / 10 | 0.17 KM |
| Musters Road, West Bridgford, Nottingham | £ 249,000 | BUY | Unknown | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Bridgford Road | £ 635,000 | 0.07 KM |
| 38 Millicent Road | £ 535,000 | 0.08 KM |
| 41 Millicent Road | £ 737,500 | 0.08 KM |
| 40 Millicent Road | £ 499,999 | 0.08 KM |
| 37 Millicent Road | £ 60,000 | 0.08 KM |