Allington Avenue, Nottingham
JM

Allington Avenue, Nottingham

By JMS Sales & Lettings

£ 340,000

Reviews

2 out of 5 stars

JMS Sales & Lettings says ..

**A FANTASTIC OPPURTINITY TO PURCHASE A SIX BEDROOM H.M.O PROPERTY WITH AN EXCELLENT YEARLY RENTAL INCOME OF £26,660 PA & GREAT LOCATION**

Property Oracle says ..

This six-bedroom property located on Allington Avenue in Nottingham’s Lenton & Wollaton East area presents a compelling opportunity, especially for investors looking for a rental property. Its proximity to both the University of Nottingham and the QMC makes it very attractive to students and medical staff, resulting in a high rental demand. The property’s layout, while not detailed in its entirety, suggests it has separate living space and a good number of bedrooms. The recently renovated kitchen adds to its appeal and suggests a functional living space. The provided photographs indicate that the property is in a fair condition; however, some improvements could enhance its overall presentation. For instance, the bathrooms and some of the flooring appear slightly dated. The small backyard offers limited outdoor space, although there is a paved area. The property’s price should be considered relative to its rental income potential and comparable properties in the local market. Further information regarding the size of the property and its precise condition would be useful to determine a more accurate market value. Overall, the property offers several strong investment advantages, but potential buyers should conduct a thorough property inspection to assess the condition and to determine if the price reflects a fair market value.

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
6
Location
7
Land
3
Bedrooms
6
Bathrooms
2
Sqft (est)
1,528.48

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
227,385.00 £
Decreased by 19.26 %
from 281,611.00 £
Est sale value
366,835.20 £
Decreased by 19.46 %
from 455,487.04 £
Average area rental value
1,344.00 £/mo
Increased by 32.28 %
from 1,016.00 £/mo
Est letting value
1,528.48 £/mo
Unchanged by 0.00 %
from 1,528.48 £/mo
Est rental Yield
7.09 %
Increased by 63.74 %
from 4.33 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • JMS Sales & Lettings marked this listing as sold.

  • JMS Sales & Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
Edna G. Olds AcademyAcademy ConverterOutstanding0.31 KM
Mellers Primary SchoolCommunity SchoolGood1.25 KM
The Nottingham Nursery School And Training CentreLocal Authority Nursery SchoolOutstanding1.32 KM
Radford Primary School AcademyAcademy ConverterGood1.36 KM
Unity AcademyAcademy Alternative Provision Sponsor LedRequires improvement1.43 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Godfrey Lane £ 000.00 KM
Harlaxton Drive £ 275,00000.00 KM
Lenton Boulevard £ 000.00 KM
Kirtley Drive £ 000.00 KM
Bloomsgrove Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT2.61 KM
Beeston1625BEE5.20 KM
Bulwell1865BLW6.38 KM
Attenborough1624ATB8.28 KM

Nearby Listings

AddressPriceTypeScoreDistance
Allington Avenue, Nottingham £ 340,000BUY5 / 100.00 KM
Allington Avenue, NOTTINGHAM, Nottinghamshire, NG7 £ 150,000BUY5 / 100.07 KM
Rolleston Drive £ 425,000BUY5 / 100.08 KM
Rolleston Drive, Nottingham, Nottinghamshire, NG7 1JU £ 240,000BUYUnknown0.12 KM
Willoughby Street, Lenton £ 220,000BUY5 / 100.13 KM

Nearby Properties

AddressPriceDistance
153 Allington Avenue £ 86,9500.02 KM
117 Allington Avenue £ 175,0000.02 KM
5 Allington Avenue £ 175,0000.02 KM
135 Allington Avenue £ 268,0000.02 KM
133 Allington Avenue £ 70,0000.02 KM