Halley House, 35 - 37, Hounds Gate, Nottingham, NG1 7AD
By yieldit
£ 50,000
Reviews
3 out of 5 stars
yieldit says ..
EARN INSTANT INCOME ON THIS ALREADY TENANTED STUDENT PROPERTY 8.33% NET! - Suitable for cash buyers only
Property Oracle says ..
This studio apartment is located in the Castle area of Nottingham, close to Nottingham Trent University and several highly-rated schools. The location benefits from its proximity to public transport links, with Nottingham railway station being 0.70 KM away. The property itself appears to be modern and in good condition based on the provided images. It is a compact studio flat with an en-suite bathroom and a small kitchenette. There is no evidence of a garden or outdoor space.
Given the average house price in the area is £302,231 and the average price per sqft is £288, the asking price of £50,000 for this studio apartment seems relatively low, especially considering nearby comparable studio apartments are listed for between £55,000 and £65,000. However, the lack of sqft data for the subject property makes a definitive price comparison difficult. The lower price may reflect the smaller size of the studio or other factors not apparent from the provided information.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 10
- Location
- 9
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 1
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
- 22.00 %Unchanged by 0.00 %
Agent Activity
yieldit created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Nottingham Trent University | Higher Education Institutions | Good | 0.55 KM |
| Stone Soup Academy | Free Schools Alternative Provision | Outstanding | 0.64 KM |
| Nottingham College | Further Education | Requires improvement | 0.78 KM |
| Welbeck Primary School | Community School | Outstanding | 0.79 KM |
| St Joseph'S School | Other Independent School | 0.87 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Albert Street | £ 0 | 0 | 0.00 KM |
| Peck Lane | £ 0 | 0 | 0.00 KM |
| Newcastle Chambers | £ 0 | 0 | 0.00 KM |
| Norfolk Place | £ 0 | 0 | 0.00 KM |
| Queen Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 0.70 KM |
| Beeston | 1625 | BEE | 7.16 KM |
| Bulwell | 1865 | BLW | 7.34 KM |
| Netherfield | 6241 | NET | 7.92 KM |
| Carlton | 6201 | CTO | 8.12 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Halley House, 35 - 37, Hounds Gate, Nottingham, NG1 7AD | £ 50,000 | BUY | 6 / 10 | 0.00 KM |
| Halley House, 35 - 37, Hounds Gate, Nottingham, NG1 7AD | £ 50,000 | BUY | 6 / 10 | 0.00 KM |
| Halley House, 35-37 Hounds Gate, Nottingham, NG1 | £ 65,000 | BUY | 5 / 10 | 0.01 KM |
| Halley House, 35-37 Hounds Gate, Nottingham, NG1 | £ 70,000 | BUY | Unknown | 0.01 KM |
| 39 Hounds Gate, Nottingham, NG1 | £ 220,000 | BUY | Unknown | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 65 Castle Boulevard | £ 192,000 | 0.57 KM |
| 32 Castle Boulevard | £ 425,000 | 0.61 KM |
| 32 Lincoln Street | £ 200,000 | 0.65 KM |
| 1423 Victoria Centre | £ 72,000 | 0.65 KM |
| 10 Park Valley | £ 320,000 | 0.66 KM |