Talbot House Hotel, West Bridgford, Nottingham, Nottinghamshire
HM

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 %
from 393,325.00 £
Est sale value
873,169.44 £
Decreased by 20.81 %
from 1,102,656.28 £
Average area rental value
830.00 £/mo
Decreased by 15.99 %
from 988.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.35 %
Decreased by 21.93 %
from 3.01 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • HMO Sales Expert created the listing.

Nearby Schools

NameTypeOfstedDistance
Clayfield HouseSecure Units0.48 KM
West Bridgford Infant SchoolCommunity SchoolOutstanding0.54 KM
Lady Bay Primary SchoolCommunity SchoolGood1.11 KM
West Bridgford Junior SchoolCommunity SchoolOutstanding1.37 KM
Greenfields Community SchoolCommunity SchoolGood1.43 KM

Images

8. Shower Room 1. Bed _ Shower Room.jpeg 6. Bedroom _ Dining_1 1. Kitchen _ Bed 6. Bed Area 9. Shower Room 7. Kitchen 4. Bedroom Area_1 3. Kitchen_1.jpeg 7. Shower Room_3.jpeg 5. Shower Room.jpeg 6. Bedroom Area.jpeg 7. Shower Room_3 Screenshot 2024-11-19 150544 Screenshot 2024-11-19 150152 Screenshot 2024-11-19 150925 file1 file2 file3 file1

Nearby Streets

NameAverage PriceAverage SqftDistance
Loading Area £ 000.00 KM
Orston Road West £ 250,00000.00 KM
London Road £ 335,00000.00 KM
Trentside North £ 255,00000.00 KM
Melton Grove £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT2.10 KM
Netherfield6241NET6.41 KM
Carlton6201CTO6.72 KM
Beeston1625BEE8.57 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bridgford Road, Nottingham, Nottinghamshire, NG2 £ 525,000BUY7 / 100.03 KM
Millicent Road, West Bridgford, Nottinghamshire, NG2 £ 800,000BUY7 / 100.08 KM
Musters Road, West Bridgford, Nottinghamshire, NG2 7PS £ 160,000BUY6 / 100.14 KM
Musters Road, West Bridgford, Nottingham £ 265,000BUY5 / 100.17 KM
Musters Road, West Bridgford, Nottingham £ 249,000BUYUnknown0.17 KM

Nearby Properties

AddressPriceDistance
1 Bridgford Road £ 635,0000.07 KM
38 Millicent Road £ 535,0000.08 KM
41 Millicent Road £ 737,5000.08 KM
40 Millicent Road £ 499,9990.08 KM
37 Millicent Road £ 60,0000.08 KM