Ilkeston Road, Lenton, NG7 3HF
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Ilkeston Road, Lenton, NG7 3HF

By Tomlinson Estate Management Limited

£ 280,000

Reviews

2 out of 5 stars

Tomlinson Estate Management Limited says ..

4 Bedroom student HMO located in Lenton, ideal for University of Nottingham students. Let for 24-25 academic year on a 50 week tenancy.

Property Oracle says ..

This four-bedroom terraced house on Ilkeston Road in Lenton, Nottingham, is marketed as a student HMO (House of Multiple Occupancy), ideal for University of Nottingham students. Its proximity to the university is a significant advantage, promising consistent rental income. Several well-regarded primary schools are within easy reach.

The property appears reasonably well-maintained from the photographs, although it doesn’t appear to be newly renovated or in top condition. The interior shows average upkeep, with the kitchen and bathroom showing functionality but potential for modernization. The limited outdoor space is a drawback. The small yard is paved and offers minimal usable area.

The asking price of £280,000 needs careful consideration. Although the university location commands higher prices, the property’s condition and lack of significant land may indicate a slightly overvalued listing. More comparative data, including square footage of nearby sold properties, is required for a conclusive valuation. The property presents a sound investment if rented to students, but there is a possibility it is above market value for a typical private buyer.

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
5
Location
6
Land
2
Bedrooms
4
Bathrooms
1
Sqft (est)
971.98

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
302,763.00 £
Increased by 41.98 %
from 213,239.00 £
Est sale value
330,473.20 £
Increased by 53.85 %
from 214,807.58 £
Average area rental value
888.00 £/mo
Decreased by 18.38 %
from 1,088.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 971.98 £/mo
Est rental Yield
3.52 %
Decreased by 42.48 %
from 6.12 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Tomlinson Estate Management Limited created the listing.

Nearby Schools

NameTypeOfstedDistance
Mellers Primary SchoolCommunity SchoolGood0.41 KM
The Nottingham Nursery School And Training CentreLocal Authority Nursery SchoolOutstanding0.46 KM
Radford Primary School AcademyAcademy ConverterGood0.50 KM
Edna G. Olds AcademyAcademy ConverterOutstanding0.76 KM
Bentinck Primary And Nursery SchoolCommunity SchoolGood0.79 KM

Images

Gallery Gallery 4 Bedroom terraced house - HMO Gallery Gallery Gallery Gallery Gallery Gallery Gallery Gallery

Nearby Streets

NameAverage PriceAverage SqftDistance
Ruskin Street £ 000.00 KM
Boswell Street £ 000.00 KM
Stansfield Street £ 000.00 KM
Garden Street £ 000.00 KM
Bloomsgrove Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT3.22 KM
Beeston1625BEE5.35 KM
Bulwell1865BLW5.48 KM
Attenborough1624ATB8.38 KM
Hucknall1862HKN9.51 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ilkeston Road, Lenton, NG7 3HF £ 280,000BUY5 / 100.00 KM
Ilkeston Road, Lenton, Nottingham, NG7 3HF £ 140,000BUY6 / 100.07 KM
Graham Street, Radford, Nottinghamshire, NG7 3HX £ 180,000BUY6 / 100.12 KM
Lenton Boulevard, Lenton, NG7 2BZ £ 350,000BUY5 / 100.13 KM
Lenton Boulevard,Nottingham,NG7 2BZ £ 270,000BUY7 / 100.16 KM

Nearby Properties

AddressPriceDistance
167 Ilkeston Road £ 173,0000.06 KM
179 Ilkeston Road £ 129,9500.06 KM
161 Ilkeston Road £ 118,0000.06 KM
201 Ilkeston Road £ 595,0000.06 KM
169 Ilkeston Road £ 160,0000.06 KM