Derby Grove, Lenton, Nottingham
By M-S Estates
£ 500,000
Reviews
2 out of 5 stars
M-S Estates says ..
Excellent student HMO investment in the popular Lenton Triangle. Seven double bedrooms, large living kitchen. Currently let at £45,000 per annum (inclusive of bills) until 31st July 2025, with a new let agreed at £45,000 per annum until 31st July 2026. Offering a 9% yield. Benefits from gas c...
Property Oracle says ..
This property is a 7 bedroom, 2 bathroom semi-detached house located in Lenton, Nottingham. The property benefits from being close to several schools, including Edna G. Olds Academy (Outstanding Ofsted rating) and Mellers Primary School (Good Ofsted rating), both within a kilometer. Transport links are also convenient, with Nottingham railway station approximately 2.81km away. The property itself appears to have undergone some modernisation, particularly in the kitchen area, which features modern units and appliances. However, the overall condition of the property seems to be average. The garden is relatively small, mostly paved, and could benefit from some landscaping. The list price of £500,000 is significantly higher than the average price for the area (£247,302) and the average price per sqft (£263). Considering the property’s condition, the relatively small garden, and the higher than average price per sqft, the value for money may not be optimal. More information regarding the property’s square footage would be beneficial for a more accurate assessment of price per sqft.
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
- 4
- Condition
- 6
- Location
- 7
- Land
- 3
- Bedrooms
- 7
- Bathrooms
- 2
- Sqft (est)
- 1,186.00
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 %
- Est sale value
- 403,240.00 £Increased by 53.85 %
- Average area rental value
- 888.00 £/moDecreased by 18.38 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 3.52 %Decreased by 42.48 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
M-S Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Mellers Primary School | Community School | Good | 0.60 KM |
| Edna G. Olds Academy | Academy Converter | Outstanding | 0.72 KM |
| Bentinck Primary And Nursery School | Community School | Good | 0.76 KM |
| Unity Academy | Academy Alternative Provision Sponsor Led | Requires improvement | 0.85 KM |
| The Nottingham Nursery School And Training Centre | Local Authority Nursery School | Outstanding | 0.86 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Bloomsgrove Street | £ 0 | 0 | 0.00 KM |
| Garden Street | £ 0 | 0 | 0.00 KM |
| Old Mill Close | £ 0 | 0 | 0.00 KM |
| Montfort Street | £ 90,000 | 0 | 0.00 KM |
| Ruskin Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 2.81 KM |
| Beeston | 1625 | BEE | 5.60 KM |
| Bulwell | 1865 | BLW | 5.73 KM |
| Attenborough | 1624 | ATB | 8.65 KM |
| Hucknall | 1862 | HKN | 9.68 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Derby Grove, Lenton, Nottingham | £ 500,000 | BUY | 5 / 10 | 0.00 KM |
| Derby Grove, Nottingham | £ 300,000 | BUY | 6 / 10 | 0.06 KM |
| Albert Grove, Lenton, NG7 1PA | £ 200,000 | BUY | 5 / 10 | 0.08 KM |
| Kimbolton Avenue, Lenton, Nottingham, NG7 | £ 360,000 | BUY | Unknown | 0.09 KM |
| Kimbolton Avenue, Nottingham, NG7 | £ 560,000 | BUY | Unknown | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 68 Derby Grove | £ 232,500 | 0.03 KM |
| 16 Derby Grove | £ 105,000 | 0.03 KM |
| 44 Derby Grove | £ 52,000 | 0.03 KM |
| 66 Derby Grove | £ 76,000 | 0.03 KM |
| 36 Derby Grove | £ 250,000 | 0.03 KM |