Ryehill House, Arkwright Walk, NG2 2LQ
HE

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 %
from 200,322.00 £
Est sale value
532,100.00 £
Increased by 26.72 %
from 419,900.00 £
Average area rental value
1,073.00 £/mo
Decreased by 6.12 %
from 1,143.00 £/mo
Est letting value
1,700.00 £/mo
Unchanged by 0.00 %
from 1,700.00 £/mo
Est rental Yield
6.96 %
Increased by 1.61 %
from 6.85 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • HEB Property Consultants created the listing.

Nearby Schools

NameTypeOfstedDistance
Greenfields Community SchoolCommunity SchoolGood0.34 KM
Meadows Sure Start Children'S CentreChildren's Centre0.52 KM
Clayfield HouseSecure Units0.69 KM
Welbeck Primary SchoolCommunity SchoolOutstanding1.21 KM
Stone Soup AcademyFree Schools Alternative ProvisionOutstanding1.24 KM

Images

Lounge Street Map Location Map Front Rear & Parking Kitchen / Lounge Kitchen Bedroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Radcliffe Street Court 2 £ 000.00 KM
County Road £ 000.00 KM
Culvert Rise £ 000.00 KM
Measham Close £ 000.00 KM
Trentside North £ 255,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT0.98 KM
Netherfield6241NET7.05 KM
Carlton6201CTO7.32 KM
Beeston1625BEE7.79 KM
Bulwell1865BLW9.02 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ryehill House, Arkwright Walk, NG2 2LQ £ 2,748,000BUY5 / 100.00 KM
Ladysmock Gardens, Nottingham, Nottinghamshire, NG2 £ 120,000BUY6 / 100.07 KM
Lamcote Street, Nottingham £ 180,000BUY6 / 100.16 KM
Lamcote Street, Nottingham £ 190,000BUY6 / 100.16 KM
Bathley Street, The Meadows, Nottinghamshire, NG2 2LH £ 160,000BUY5 / 100.18 KM

Nearby Properties

AddressPriceDistance
2 Waldron Close £ 130,0000.14 KM
1 Radcliffe Street £ 161,0000.14 KM
15 Radcliffe Street £ 168,0000.14 KM
5 Radcliffe Street £ 130,0000.14 KM
25 Radcliffe Street £ 90,0000.14 KM