7 BED HMO - Bute Avenue, Lenton, Nottingham NG7 1QA
By Top 365 Ltd
£ 520,000
Reviews
2 out of 5 stars
Top 365 Ltd says ..
* INCOME OF £48,459 FOR 24/25 ACADEMIC YEAR* INVESTMENT OPPERTUNITY * well-maintained terraced student accommodation with seven double bedrooms in a thriving student area, offering convenience, privacy, and a sense of community.
Property Oracle says ..
This is a 7-bedroom semi-detached property currently operating as a House in Multiple Occupation (HMO) in Lenton, Nottingham. The property offers a substantial 1,621 sq ft of living space. The location is ideal for students, being close to the University of Nottingham. While the property appears to be in a lettable condition, some cosmetic improvements could enhance its appeal and potentially increase rental income. The lack of a garden may be a drawback for some tenants. The asking price of £520,000 seems reasonable given the property’s size, location, and potential rental yield. The property is located close to good schools and transport links.
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
- 7
- Land
- 3
- Bedrooms
- 7
- Bathrooms
- 2
- Sqft (est)
- 1,621.05
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 %
- Est sale value
- 551,157.00 £Increased by 53.85 %
- Average area rental value
- 888.00 £/moDecreased by 18.38 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 3.52 %Decreased by 42.48 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Top 365 Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Edna G. Olds Academy | Academy Converter | Outstanding | 0.43 KM |
| The Nottingham Nursery School And Training Centre | Local Authority Nursery School | Outstanding | 0.71 KM |
| Mellers Primary School | Community School | Good | 0.73 KM |
| Radford Primary School Academy | Academy Converter | Good | 0.74 KM |
| Bentinck Primary And Nursery School | Community School | Good | 1.07 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Stansfield Street | £ 0 | 0 | 0.00 KM |
| Godfrey Lane | £ 0 | 0 | 0.00 KM |
| Ruskin Street | £ 0 | 0 | 0.00 KM |
| Lenton Boulevard | £ 0 | 0 | 0.00 KM |
| Boswell Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 3.10 KM |
| Beeston | 1625 | BEE | 5.15 KM |
| Bulwell | 1865 | BLW | 5.80 KM |
| Attenborough | 1624 | ATB | 8.20 KM |
| Hucknall | 1862 | HKN | 9.84 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 7 BED HMO - Bute Avenue, Lenton, Nottingham NG7 1QA | £ 520,000 | BUY | 5 / 10 | 0.00 KM |
| Cottesmore Road, Nottingham | £ 310,000 | BUY | 5 / 10 | 0.03 KM |
| Cottesmore Road, Lenton, Nottinghamshire, NG7 1QE | £ 230,000 | BUY | Unknown | 0.06 KM |
| Bute Avenue, Lenton, Nottingham | £ 225,000 | BUY | Unknown | 0.12 KM |
| Leaning Row, Nottingham | £ 300,000 | BUY | 6 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 63 Cottesmore Road | £ 103,000 | 0.03 KM |
| 38 Cottesmore Road | £ 60,000 | 0.03 KM |
| 26 Cottesmore Road | £ 495,000 | 0.03 KM |
| 52 Cottesmore Road | £ 120,000 | 0.03 KM |
| 57 Cottesmore Road | £ 166,000 | 0.03 KM |