Hounds Gate, Nottingham, Nottinghamshire, NG1
By XSELL PROPERTY LTD
£ 45,000
Reviews
2 out of 5 stars
XSELL PROPERTY LTD says ..
Introducing our latest gem: a prime student property boasting an astonishing net yield of over 9.0%! With an annual income exceeding £9200, this opportunity is a golden ticket for savvy investors. Don't miss out on this lucrative deal-contact us today and secure your financial future!
Property Oracle says ..
This listing presents a studio apartment located in the heart of Nottingham, at Hounds Gate, NG1 6BA. The property’s central location is a significant advantage, offering easy access to Nottingham Trent University, shops, restaurants, and public transport. The apartment itself is modern and well-equipped with amenities. The images showcase a clean, contemporary style, with a compact but functional layout. It is important to note that the provided information lacks key details like the exact square footage, and the level of communal facilities that may be shared with other residents. The absence of these crucial details makes a definitive judgement on the value a bit difficult. The nearby listings of similar studio properties are priced similarly, ranging from £39,995 to £45,000 suggesting the asking price of £45,000 may be at the higher end of the market but still within the range for this type of investment property. The property is marketed as a student investment opportunity, indicating a strong rental potential, but further research into rental yields for the area would be beneficial. Overall, it is a seemingly well-maintained apartment ideal for students or those seeking a city-centre base, but the importance of further investigation and verification cannot be overstated. The lack of specific details regarding the size of the property and shared amenities makes it challenging to offer a fully comprehensive analysis. A viewing and further investigation into the property’s specifics are essential before making any conclusions about the value and suitability of the property.
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
- 6
- Condition
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 0
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
- 273,747.00 £Decreased by 7.23 %
- Average area rental value
- 1,032.00 £/moDecreased by 0.77 %
- Est rental Yield
- 4.52 %Increased by 6.86 %
- Crime Rate
- 18.00 %Unchanged by 0.00 %
Agent Activity
XSELL PROPERTY LTD created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Nottingham Trent University | Higher Education Institutions | Good | 0.58 KM |
| St Joseph'S School | Other Independent School | 0.72 KM | |
| Welbeck Primary School | Community School | Outstanding | 0.78 KM |
| Stone Soup Academy | Free Schools Alternative Provision | Outstanding | 0.84 KM |
| Nottingham College | Further Education | Requires improvement | 0.99 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Rutland Street | £ 0 | 0 | 0.00 KM |
| Newcastle Chambers | £ 0 | 0 | 0.00 KM |
| Mount Street | £ 0 | 0 | 0.00 KM |
| Wilford Street | £ 0 | 0 | 0.00 KM |
| Albert Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 0.83 KM |
| Beeston | 1625 | BEE | 6.96 KM |
| Bulwell | 1865 | BLW | 7.24 KM |
| Netherfield | 6241 | NET | 8.13 KM |
| Carlton | 6201 | CTO | 8.32 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hounds Gate, Nottingham, Nottinghamshire, NG1 | £ 39,999 | BUY | 6 / 10 | 0.00 KM |
| Maid Marian House, Hounds Gate | £ 40,000 | BUY | Unknown | 0.00 KM |
| Maid Marian House, Hounds Gate, Nottingham | £ 48,000 | BUY | 6 / 10 | 0.00 KM |
| Hounds Gate, Nottingham, Nottinghamshire, NG1 | £ 40,000 | BUY | 5 / 10 | 0.00 KM |
| Maid Marian House, Hounds Gate, Nottingham | £ 48,000 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 65 Castle Boulevard | £ 192,000 | 0.40 KM |
| 32 Castle Boulevard | £ 425,000 | 0.43 KM |
| 10 Park Valley | £ 320,000 | 0.45 KM |
| 81 Castle Boulevard | £ 122,500 | 0.48 KM |
| 79 Castle Boulevard | £ 240,000 | 0.48 KM |