Mettham Street, Lenton, NG7 1SH
By Tomlinson Estate Management Limited
£ 235,000
Reviews
2 out of 5 stars
Tomlinson Estate Management Limited says ..
3 Bedroom HMO investment property. Located in the centre of Lenton, within walking distance of the University of Nottingham, the city centre and local amenities. The property has an HMO licence and a long history of use as an HMO. It's currently let to 3 students for the academic years 2023-2024 ...
Property Oracle says ..
This three-bedroom terraced house in Lenton, Nottingham, is marketed as an HMO investment property. Its location near both the University of Nottingham and Nottingham Trent University is a key advantage, making it highly desirable to students and offering strong rental prospects. The property itself, as shown in the images, is functional and clean, but could benefit from some modernisation. The kitchen and bathroom appear fairly standard, and whilst not showing any signs of disrepair, the decor does appear somewhat tired and could be upgraded to increase desirability and potentially rental income. The lack of plot size information suggests little to no garden space, typical for properties of this type in the area. Considering the rental market for student properties in Lenton, the list price appears reasonably competitive with similar properties in the area, especially when considering the proximity to universities and the consistent demand for student accommodation. This property is best suited to an investor looking for a potentially profitable student let.
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
- 5
- Location
- 7
- Land
- 2
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 1,131.29
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
- 227,385.00 £Decreased by 19.26 %
- Est sale value
- 271,509.60 £Decreased by 19.46 %
- Average area rental value
- 1,344.00 £/moIncreased by 32.28 %
- Est letting value
- 1,131.29 £/moUnchanged by 0.00 %
- Est rental Yield
- 7.09 %Increased by 63.74 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Tomlinson Estate Management Limited marked this listing as sold.
Tomlinson Estate Management Limited created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Edna G. Olds Academy | Academy Converter | Outstanding | 0.12 KM |
| The Nottingham Nursery School And Training Centre | Local Authority Nursery School | Outstanding | 1.11 KM |
| Radford Primary School Academy | Academy Converter | Good | 1.14 KM |
| Nottingham University Academy Of Science And Technology | Free Schools | Good | 1.17 KM |
| Mellers Primary School | Community School | Good | 1.20 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lenton Boulevard | £ 0 | 0 | 0.00 KM |
| Godfrey Lane | £ 0 | 0 | 0.00 KM |
| Stansfield Street | £ 0 | 0 | 0.00 KM |
| Friar Street | £ 0 | 0 | 0.00 KM |
| Harlaxton Drive | £ 275,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 3.02 KM |
| Beeston | 1625 | BEE | 4.86 KM |
| Bulwell | 1865 | BLW | 6.22 KM |
| Attenborough | 1624 | ATB | 7.93 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mettham Street, Lenton, NG7 1SH | £ 235,000 | BUY | 5 / 10 | 0.00 KM |
| Mettham Street, Lenton, Nottingham, NG7 | £ 325,000 | BUY | 4 / 10 | 0.01 KM |
| Frederick Grove, Nottingham | £ 325,000 | BUY | 6 / 10 | 0.01 KM |
| Mettham Street, Nottingham, NG7 1SH | £ 240,000 | BUY | 5 / 10 | 0.02 KM |
| Frederick Grove, Nottingham, Nottinghamshire, NG7 | £ 330,000 | BUY | 5 / 10 | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 Mettham Street | £ 69,000 | 0.01 KM |
| 22 Mettham Street | £ 260,000 | 0.01 KM |
| 24 Mettham Street | £ 162,500 | 0.01 KM |
| 16 Mettham Street | £ 69,000 | 0.01 KM |
| 12 Mettham Street | £ 260,000 | 0.01 KM |