Martin & Co says ..
***ATTENTION INVESTORS*** A well presented studio suite available in the Trivelles Short Stay Serviced Accommodation Complex. Making the perfect investment the property with an approximate 12% yield. Offering charm and character with exposed brickwork and large windows there are onsite facilities...
Property Oracle says ..
This property is a one-bedroom apartment located in the Regency Suites complex on Russell Street, Nottingham. The apartment is described as well-presented, featuring exposed brickwork and large windows, suggesting characterful features. The inclusion of onsite facilities is a positive aspect. Photos reveal a modern interior, clean and well-maintained. The kitchenette and bathroom are also in good condition, according to the pictures.
The location in Hyson Green & Arboretum places it within reach of Nottingham city centre, benefiting from transport links and nearby schools. However, the area’s overall desirability would need further research to fully assess.
The price of £70,000 is competitive, but more detailed analysis of comparable properties’ sizes and features would be necessary to confirm its value. The lack of private land is a typical characteristic of apartment living and does not impact other aspects of the property.
Overall, the property appears to be a suitable option for a first-time buyer or investor, particularly one looking for a well-presented apartment within a serviced accommodation complex. However, it is important to conduct a thorough inspection and research of the local market and the building’s service charges before making a purchase decision.
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
- 7
- Location
- 6
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 204.51
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
- 162,250.00 £Decreased by 29.75 %
- Est sale value
- 45,810.24 £Increased by 5.66 %
- Average area rental value
- 986.00 £/moIncreased by 8.59 %
- Est letting value
- 204.51 £/mo
- Est rental Yield
- 7.29 %Increased by 54.45 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Unity Academy | Academy Alternative Provision Sponsor Led | Requires improvement | 0.23 KM |
| Denewood Academy | Academy Alternative Provision Sponsor Led | Good | 0.26 KM |
| Fig Tree Primary School | Other Independent School | Good | 0.61 KM |
| Nottingham High School | Other Independent School | 0.67 KM | |
| St Joseph'S School | Other Independent School | 0.81 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Wood Street | £ 0 | 0 | 0.00 KM |
| Ireton Street | £ 0 | 0 | 0.00 KM |
| Montfort Street | £ 90,000 | 0 | 0.00 KM |
| Goodwin Street | £ 0 | 0 | 0.00 KM |
| St Helen's Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 2.36 KM |
| Bulwell | 1865 | BLW | 5.76 KM |
| Beeston | 1625 | BEE | 6.42 KM |
| Netherfield | 6241 | NET | 9.32 KM |
| Carlton | 6201 | CTO | 9.47 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Regency Suites, Russell Street | £ 70,000 | BUY | 5 / 10 | 0.00 KM |
| Russell Street, Radford, NG7 | £ 20,000 | BUY | 6 / 10 | 0.04 KM |
| Raleigh Street, Nottingham, Nottinghamshire, NG7 4DN | £ 140,000 | BUY | 6 / 10 | 0.10 KM |
| Raleigh Street, Nottingham, NG7 | £ 120,000 | BUY | 6 / 10 | 0.10 KM |
| Ayr Street, Nottingham, Nottinghamshire, NG7 | £ 560,000 | BUY | 5 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1a Russell Street | £ 45,724 | 0.00 KM |
| 1d Russell Street | £ 80,000 | 0.00 KM |
| 26 Russell Street | £ 200,000 | 0.00 KM |
| 9 Russell Street | £ 20,000 | 0.00 KM |
| 1e Russell Street | £ 100,000 | 0.00 KM |