33 Gedling Grove, Arboretum, NG7 4DU
By HEB Property Consultants
£ 225,000
Reviews
2 out of 5 stars
HEB Property Consultants says ..
Residential investment opportunity. Two, three bed self-contained, fully refurbished flats. One flat is already sold on long lease (89 years remaining). One flat is vacant ready for occupation. Close to Nottingham city centre & Nottingham Trent University Campus.
Property Oracle says ..
This property is presented as a residential investment opportunity comprising two self-contained flats in the Arboretum area of Nottingham. One flat is currently vacant, while the other is already let on a long lease. The external appearance suggests a property in need of little to no repair. The interior shots provided show a recent renovation with modern fixtures, fittings and flooring. The location is convenient for students and is within close proximity to Nottingham Trent University. The lack of detailed information about the size of each apartment and their respective rental incomes makes it difficult to fully assess the value. The absence of private outdoor space is a limiting factor in determining the overall desirability. More details on rental income, lease terms and service charges would make the overall pricing more easily assessable. The nearby listings and surrounding areas suggest a reasonable price range. However, potential buyers/investors should conduct a thorough due diligence process prior to purchase to account for such missing information.
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
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 1,298.13
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
- 162,250.00 £Decreased by 29.75 %
- Est sale value
- 290,781.12 £Increased by 5.66 %
- Average area rental value
- 986.00 £/moIncreased by 8.59 %
- Est letting value
- 1,298.13 £/mo
- Est rental Yield
- 7.29 %Increased by 54.45 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
HEB Property Consultants created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Nottingham High School | Other Independent School | 0.31 KM | |
| Denewood Academy | Academy Alternative Provision Sponsor Led | Good | 0.37 KM |
| Unity Academy | Academy Alternative Provision Sponsor Led | Requires improvement | 0.38 KM |
| Djanogly City Academy | Academy Sponsor Led | Good | 0.58 KM |
| Nottingham Girls' High School | Other Independent School | 0.64 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Goodwin Street | £ 0 | 0 | 0.00 KM |
| Ireton Street | £ 0 | 0 | 0.00 KM |
| Wood Street | £ 0 | 0 | 0.00 KM |
| The Grove | £ 0 | 0 | 0.00 KM |
| St Helen's Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 2.41 KM |
| Bulwell | 1865 | BLW | 5.64 KM |
| Beeston | 1625 | BEE | 6.82 KM |
| Netherfield | 6241 | NET | 9.10 KM |
| Carlton | 6201 | CTO | 9.23 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 33 Gedling Grove, Arboretum, NG7 4DU | £ 225,000 | BUY | 5 / 10 | 0.00 KM |
| Arthur Street, Nottingham | £ 139,950 | BUY | 6 / 10 | 0.08 KM |
| Gedling Grove, Nottingham, NG7 4DU | £ 800,000 | BUY | 5 / 10 | 0.08 KM |
| Gedling Grove, Nottingham, NG7 | £ 140,000 | BUY | 7 / 10 | 0.08 KM |
| Flat 2, 50, Forest Road West, Nottingham, Nottinghamshire, NG7 4EQ | £ 170,000 | BUY | 5 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 15 Waverley Street | £ 155,000 | 0.05 KM |
| 31 Waverley Street | £ 250,000 | 0.05 KM |
| 29 Waverley Street | £ 200,000 | 0.05 KM |
| 19 Waverley Street | £ 249,500 | 0.05 KM |
| 27 Waverley Street | £ 240,000 | 0.05 KM |