Ryehill House, Arkwright Walk, NG2 2LQ
By HEB Property Consultants
£ 2,748,000
Reviews
2 out of 5 stars
HEB Property Consultants says ..
Investment of 18 x 2 bed self-contained apartments / maisonettes - Fully Let on AST's. Constructed by Keepmoat Homes in 2019. Currently producing a gross rent of £178,200 PA. Excellent location,0.5 miles from Nottingham Train Station and 0.3 miles to West Bridgford, the City Ground and Trent Bridge
Property Oracle says ..
Ryehill House is an 18-bedroom block of apartments situated in Nottingham’s Meadows area. Constructed by Keepmoat Homes in 2019, this property presents itself as a promising investment opportunity given its current status as a fully let investment property generating a gross annual rental income of £178,200. The property’s proximity to Nottingham Train Station, West Bridgford, the City Ground, and Trent Bridge enhances its appeal and accessibility. Nearby amenities, including schools, also contribute to its value proposition. The provided photographs suggest a relatively modern, well-maintained interior, characterized by contemporary finishes. The absence of detailed information on the individual apartments, as well as the lack of data on square footage and average pricing per square foot in the local area, restricts a complete and definitive analysis of the property’s overall value. The listed price is considerably higher than nearby residential properties, which is reflective of the investment nature of this multiple-unit complex. It would be beneficial to have access to more information such as a floor plan, individual apartment specifications, and recent comparable sales data of similar investment properties in the area to offer a more nuanced valuation.
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
- 7
- Location
- 7
- Land
- 1
- Bedrooms
- 18
- Bathrooms
- 0
- Sqft (est)
- 1,700.00
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
- 185,000.00 £Decreased by 7.65 %
- Est sale value
- 532,100.00 £Increased by 26.72 %
- Average area rental value
- 1,073.00 £/moDecreased by 6.12 %
- Est letting value
- 1,700.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.96 %Increased by 1.61 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
HEB Property Consultants created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Greenfields Community School | Community School | Good | 0.34 KM |
| Meadows Sure Start Children'S Centre | Children's Centre | 0.52 KM | |
| Clayfield House | Secure Units | 0.69 KM | |
| Welbeck Primary School | Community School | Outstanding | 1.21 KM |
| Stone Soup Academy | Free Schools Alternative Provision | Outstanding | 1.24 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Radcliffe Street Court 2 | £ 0 | 0 | 0.00 KM |
| County Road | £ 0 | 0 | 0.00 KM |
| Culvert Rise | £ 0 | 0 | 0.00 KM |
| Measham Close | £ 0 | 0 | 0.00 KM |
| Trentside North | £ 255,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 0.98 KM |
| Netherfield | 6241 | NET | 7.05 KM |
| Carlton | 6201 | CTO | 7.32 KM |
| Beeston | 1625 | BEE | 7.79 KM |
| Bulwell | 1865 | BLW | 9.02 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ryehill House, Arkwright Walk, NG2 2LQ | £ 2,748,000 | BUY | 5 / 10 | 0.00 KM |
| Ladysmock Gardens, Nottingham, Nottinghamshire, NG2 | £ 120,000 | BUY | 6 / 10 | 0.07 KM |
| Lamcote Street, Nottingham | £ 180,000 | BUY | 6 / 10 | 0.16 KM |
| Lamcote Street, Nottingham | £ 190,000 | BUY | 6 / 10 | 0.16 KM |
| Bathley Street, The Meadows, Nottinghamshire, NG2 2LH | £ 160,000 | BUY | 5 / 10 | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 2 Waldron Close | £ 130,000 | 0.14 KM |
| 1 Radcliffe Street | £ 161,000 | 0.14 KM |
| 15 Radcliffe Street | £ 168,000 | 0.14 KM |
| 5 Radcliffe Street | £ 130,000 | 0.14 KM |
| 25 Radcliffe Street | £ 90,000 | 0.14 KM |