Emma Terry says ..
A beautifully presented mid-terrace house with three well-proportioned bedrooms, this property is perfect for families or professionals seeking a welcoming home. The clever use of space has created a dedicated office area, ideal for those who work from home or require a quiet space to study. ...
Property Oracle says ..
The property is a 3-bedroom terraced house located on Melrose Street in Sherwood, Nottingham. It benefits from a relatively small enclosed rear garden. The property appears to have undergone some modernisation, with a recently updated kitchen and bathroom. The interior is presented in good condition and is neutrally decorated. The location is a positive aspect, with several highly-rated primary schools within a short distance, including Haydn Primary School which has an ‘Outstanding’ Ofsted rating. Sherwood is a popular residential area and is well-regarded for its family-friendly atmosphere. There are several railway stations within a reasonable distance, providing access to Nottingham city centre and beyond. While the property is presented well, the plot size is very small. The lack of significant outdoor space is a notable drawback, especially for families. Considering the average price per square foot in the area is £323 and the property is listed at £210,000, the price seems reasonable, especially when compared to similar properties on Melrose Street. However, the smaller size of the property compared to the area average (688 sqft vs 994 sqft) should be factored in. Several comparable terraced houses on Melrose Street have sold for significantly less, suggesting that the asking price may be slightly on the higher end of the market value.
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
- 8
- Location
- 9
- Land
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 688.24
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Metrics Year-on-Year
- Average area value
- 311,591.00 £Decreased by 0.19 %
- Est sale value
- 210,601.44 £Increased by 17.69 %
- Average area rental value
- 1,151.00 £/moIncreased by 9.51 %
- Est letting value
- 688.24 £/mo
- Est rental Yield
- 4.43 %Increased by 9.65 %
- Crime Rate
- 17.00 %Unchanged by 0.00 %
Agent Activity
Emma Terry created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Haydn Primary School | Community School | Outstanding | 0.17 KM |
| Sherwood And Edwards Lane Children'S Centre | Children's Centre | 0.50 KM | |
| Hospital And Home Education Pru | Pupil Referral Unit | Good | 0.54 KM |
| Seely Primary School | Community School | Good | 0.59 KM |
| Carrington Primary And Nursery School | Community School | Good | 1.29 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Kensington Court | £ 0 | 0 | 0.00 KM |
| Newstead Street | £ 550,000 | 0 | 0.00 KM |
| Melrose Avenue | £ 250,000 | 0 | 0.00 KM |
| Carrington Court | £ 0 | 0 | 0.00 KM |
| Old Hall Drive | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 3.80 KM |
| Bulwell | 1865 | BLW | 5.79 KM |
| Netherfield | 6241 | NET | 7.77 KM |
| Carlton | 6201 | CTO | 7.79 KM |
| Hucknall | 1862 | HKN | 8.32 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Melrose Street, Sherwood | £ 215,000 | BUY | 7 / 10 | 0.00 KM |
| Drayton Street, Sherwood, Nottingham | £ 210,000 | BUY | Unknown | 0.02 KM |
| Drayton Street, Sherwood, Nottingham | £ 220,000 | BUY | 5 / 10 | 0.04 KM |
| Pump Works Close, Nottingham, Nottinghamshire, NG5 2HU | £ 135,000 | BUY | 7 / 10 | 0.06 KM |
| Drayton Street, NOTTINGHAM, Nottinghamshire, NG5 | £ 200,000 | BUY | 5 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 27 Melrose Street | £ 167,750 | 0.05 KM |
| 45 Melrose Street | £ 109,000 | 0.05 KM |
| 15 Melrose Street | £ 160,000 | 0.05 KM |
| 11 Melrose Street | £ 130,000 | 0.05 KM |
| 8 Melrose Street | £ 37,000 | 0.05 KM |