Derby Road, The Cigar Factory, NG7
TA

Derby Road, The Cigar Factory, NG7

By Tattershalls Ltd

£ 120,000

Reviews

2 out of 5 stars

Tattershalls Ltd says ..

Delightful one double bedroom apartment with fob entry and allocated parking space. Located close to all amenities and transport links. No upward chain. Viewing highly recommended.

Property Oracle says ..

The property is located on Derby Road in Radford, Nottingham. The area benefits from nearby schools such as Unity Academy and Denewood Academy, with the latter receiving a ‘Good’ Ofsted rating. Nottingham railway station is approximately 2.12km away, providing convenient access to transportation links.

Based on the images provided, the property appears to be a converted apartment within a brick building. The interior is modern and well-maintained, with a contemporary kitchen and bathroom. There is no evidence of significant wear and tear or the need for renovation.

The property’s plot size is listed as 0.00 sqft, indicating a lack of private outdoor space.

Considering the list price of £120,000, the average price in the area is £247,302, and the average price per sqft is £263. The property’s size of 509.13 sqft is significantly smaller than the area average. While the property is in good condition and benefits from a convenient location, the lack of outdoor space and the significant difference between the list price and the average price for the area warrant further investigation. The price may represent good value for a smaller property in a desirable location, but more information is needed to fully assess its reasonableness.

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
9
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
509.13

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
302,763.00 £
Increased by 41.98 %
from 213,239.00 £
Est sale value
173,104.20 £
Increased by 53.85 %
from 112,517.73 £
Average area rental value
888.00 £/mo
Decreased by 18.38 %
from 1,088.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 509.13 £/mo
Est rental Yield
3.52 %
Decreased by 42.48 %
from 6.12 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Tattershalls Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Unity AcademyAcademy Alternative Provision Sponsor LedRequires improvement0.59 KM
St Joseph'S SchoolOther Independent School0.63 KM
Denewood AcademyAcademy Alternative Provision Sponsor LedGood0.63 KM
Nottingham High SchoolOther Independent School0.92 KM
Fig Tree Primary SchoolOther Independent SchoolGood0.94 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Park Hill £ 000.00 KM
St Helen's Street £ 000.00 KM
Wood Street £ 000.00 KM
Montfort Street £ 90,00000.00 KM
Ireton Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT2.12 KM
Bulwell1865BLW6.10 KM
Beeston1625BEE6.22 KM
Netherfield6241NET9.28 KM
Attenborough1624ATB9.29 KM

Nearby Listings

AddressPriceTypeScoreDistance
Derby Road, The Cigar Factory, NG7 £ 120,000BUY5 / 100.00 KM
The Cigar Factory, 158 Derby Road Nottingham, NG7 1LR £ 95,000BUY6 / 100.01 KM
The Cigar Factory, Derby Road, Nottingham £ 120,000BUY5 / 100.03 KM
Derby Road, Canning Circus £ 125,000BUY5 / 100.03 KM
Student HMO & Commercial - Derby Road, Nottingham NG7 1LR £ 1,650,000BUYUnknown0.03 KM

Nearby Properties

AddressPriceDistance
136 Derby Road £ 135,0000.01 KM
119 Derby Road £ 110,0000.04 KM
121 Derby Road £ 530,0000.04 KM
35 Alfreton Road £ 90,5000.10 KM
11 Tennis Drive £ 440,0000.11 KM