Derby Grove, Lenton, Nottingham
M-

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 %
from 213,239.00 £
Est sale value
403,240.00 £
Increased by 53.85 %
from 262,106.00 £
Average area rental value
888.00 £/mo
Decreased by 18.38 %
from 1,088.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 1,186.00 £/mo
Est rental Yield
3.52 %
Decreased by 42.48 %
from 6.12 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • M-S Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Mellers Primary SchoolCommunity SchoolGood0.60 KM
Edna G. Olds AcademyAcademy ConverterOutstanding0.72 KM
Bentinck Primary And Nursery SchoolCommunity SchoolGood0.76 KM
Unity AcademyAcademy Alternative Provision Sponsor LedRequires improvement0.85 KM
The Nottingham Nursery School And Training CentreLocal Authority Nursery SchoolOutstanding0.86 KM

Images

DSC_7986.jpg DSC_3455.jpg IMG_0228.jpg DSC_3453.jpg IMG_0229.jpg IMG_0232.jpg IMG_0235.jpg DSC_7990.jpg DSC_8009.jpg IMG_0243.jpg IMG_0244.jpg DSC_8015.jpg DSC_3530.jpg DSC_3483.jpg DSC_3471.jpg IMG_0236.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Bloomsgrove Street £ 000.00 KM
Garden Street £ 000.00 KM
Old Mill Close £ 000.00 KM
Montfort Street £ 90,00000.00 KM
Ruskin Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT2.81 KM
Beeston1625BEE5.60 KM
Bulwell1865BLW5.73 KM
Attenborough1624ATB8.65 KM
Hucknall1862HKN9.68 KM

Nearby Listings

AddressPriceTypeScoreDistance
Derby Grove, Lenton, Nottingham £ 500,000BUY5 / 100.00 KM
Derby Grove, Nottingham £ 300,000BUY6 / 100.06 KM
Albert Grove, Lenton, NG7 1PA £ 200,000BUY5 / 100.08 KM
Kimbolton Avenue, Lenton, Nottingham, NG7 £ 360,000BUYUnknown0.09 KM
Kimbolton Avenue, Nottingham, NG7 £ 560,000BUYUnknown0.10 KM

Nearby Properties

AddressPriceDistance
68 Derby Grove £ 232,5000.03 KM
16 Derby Grove £ 105,0000.03 KM
44 Derby Grove £ 52,0000.03 KM
66 Derby Grove £ 76,0000.03 KM
36 Derby Grove £ 250,0000.03 KM