Sherwood Rise, Nottingham, Nottinghamshire, NG7
BA

Sherwood Rise, Nottingham, Nottinghamshire, NG7

By Bairstow Eves

£ 125,000

Reviews

2 out of 5 stars

Bairstow Eves says ..

Ground Floor Apartment being sold with Tenant in Situ currently paying £800pcm with a rental income of £9,600 per annum. The accommodation consists of two double bedrooms, an open plan living/kitchen/diner with modern fitted kitchen and separate three piece shower room with...

Property Oracle says ..

This two-bedroom apartment located in Sherwood Rise, Nottingham, is listed at £125,000. The property’s proximity to Nottingham city centre and well-regarded schools like Claremont Primary and Nursery School and Djanogly Sherwood Academy are positive aspects of its location. The apartment also benefits from having convenient access to Nottingham train station, within approximately 2.83km.

However, based on the photographs, the property requires some attention. The cleanliness and presentation could be significantly improved, particularly in the kitchen which is cluttered and displays signs of wear and tear. While this apartment represents a potentially reasonable investment opportunity within the market range, the need for updates and the absence of a garden might affect its appeal to potential buyers looking for more ready-to-move-in accommodation. More information about the precise condition of the property and the building itself would further inform an evaluation of the apartment’s true value. Further research into the local rental market would assist in providing an accurate projection for potential rental income. The lack of plot size indicates the absence of a garden, this is a drawback for some buyers and should be considered.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
2
Bathrooms
0
Sqft (est)
425.17

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
209,818.00 £
Increased by 7.15 %
from 195,809.00 £
Est sale value
93,537.40 £
Decreased by 4.76 %
from 98,214.27 £
Average area rental value
915.00 £/mo
Decreased by 3.07 %
from 944.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 425.17 £/mo
Est rental Yield
5.23 %
Decreased by 9.67 %
from 5.79 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Bairstow Eves created the listing.

Nearby Schools

NameTypeOfstedDistance
Claremont Primary And Nursery SchoolCommunity SchoolGood0.43 KM
Carrington Primary And Nursery SchoolCommunity SchoolGood0.46 KM
Djanogly Sherwood AcademyAcademy Sponsor Led0.69 KM
Jamia Al-Hudaa Residential CollegeOther Independent SchoolInadequate0.79 KM
Djanogly City AcademyAcademy Sponsor LedGood0.82 KM

Images

Picture No. 09 Picture No. 11 Picture No. 07 Picture No. 10 Picture No. 03 Picture No. 08 Picture No. 04 Picture No. 05 Picture No. 06 Picture No. 13

Nearby Streets

NameAverage PriceAverage SqftDistance
Pelham Avenue £ 000.00 KM
Wesley Street £ 000.00 KM
Aubrey Road £ 000.00 KM
Flastaff Mews £ 000.00 KM
Carrington Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT2.83 KM
Bulwell1865BLW5.42 KM
Beeston1625BEE7.81 KM
Netherfield6241NET8.62 KM
Hucknall1862HKN8.71 KM

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1c Second Avenue £ 120,0000.16 KM
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3 Second Avenue £ 332,5000.16 KM
19 Second Avenue £ 77,0000.16 KM