Cromford Road, Langley Mill, Nottingham
By Charles Newton & Co
£ 130,000
Reviews
2 out of 5 stars
Charles Newton & Co says ..
** COMMERCIAL LISTING** **IDEAL INVESTMENT ** NO UPWARD CHAIN** TWO-STOREY END-TERRACED RETAIL UNIT** SPACIOUS ROOMS** A PROMINENT POSITION, KITCHEN** BATHROOM* & GARDEN Two-storey end-terraced commercial retail unit spanning the ground and first floor and benefits from a prominent po...
Property Oracle says ..
This property in Langley Mill, Derbyshire, presents itself as a potentially appealing investment, particularly for those seeking convenient transportation and proximity to schools. The listing indicates a two-bedroom, one-bathroom end-of-terrace commercial unit, suggesting versatility for either business or residential use. The photos showcase a relatively modern and well-maintained interior featuring a recently updated kitchen and bathroom. The exterior boasts a small rear garden. The current listing price requires further comparative analysis with other recently sold properties in the immediate area, especially those of a similar type and size. However, the location, near Langley Mill train station and multiple schools (with some highly rated by Ofsted), is quite advantageous. Overall, this property appears to be a reasonable purchase for investment or residential conversion. Further due diligence, including a property survey, is crucial before making a final decision. The absence of crucial data points, such as the property’s square footage and details of the local housing market, requires further investigation for a comprehensive evaluation.
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
- 6
- Location
- 6
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 209,167.00 £Increased by 8.85 %
- Average area rental value
- 998.00 £/moIncreased by 26.33 %
- Est rental Yield
- 5.73 %Increased by 16.23 %
- Crime Rate
- 26.00 %Unchanged by 0.00 %
Agent Activity
Charles Newton & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Langley Mill Church Of England Infant School And Nursery | Voluntary Controlled School | Good | 0.90 KM |
| Laceyfields Academy | Academy Converter | 1.48 KM | |
| Aldercar Infant School | Academy Converter | 1.61 KM | |
| Aldercar High School | Community School | Good | 1.66 KM |
| Hall Park Academy | Academy Sponsor Led | Serious Weaknesses | 1.71 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Willow Close | £ 350,000 | 0 | 0.00 KM |
| Milnhay Road | £ 0 | 0 | 0.00 KM |
| Julius Close | £ 0 | 0 | 0.00 KM |
| Stoney Lane | £ 0 | 0 | 0.00 KM |
| Hillside | £ 225,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Langley Mill | 1761 | LGM | 0.46 KM |
| Ilkeston | 7783 | ILN | 5.82 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Cromford Road, Langley Mill, Nottingham | £ 130,000 | BUY | 5 / 10 | 0.00 KM |
| Station Road, Langley Mill, Nottingham | £ 500,000 | BUY | 4 / 10 | 0.10 KM |
| Station Road, Langley Mill, Nottingham | £ 210,000 | BUY | 6 / 10 | 0.12 KM |
| Station Road, Langley Mill, NG16 | £ 220,000 | BUY | 6 / 10 | 0.13 KM |
| Dean Street, Langley Mill, NOTTINGHAM | £ 135,000 | BUY | 6 / 10 | 0.16 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 53 Cromford Road | £ 50,000 | 0.12 KM |
| 61 Cromford Road | £ 72,500 | 0.12 KM |
| 63 Cromford Road | £ 87,950 | 0.14 KM |
| 13 Dean Street | £ 61,000 | 0.17 KM |
| 22 Dean Street | £ 81,000 | 0.17 KM |