Lenton Boulevard, Nottingham
MY

Lenton Boulevard, Nottingham

By My New Street

£ 350,000

Reviews

2 out of 5 stars

My New Street says ..

Investment Opportunity: HMO Property

Property Oracle says ..

This five-bedroom, two-bathroom property located on Lenton Boulevard in Nottingham presents a mixed bag. Its location is undeniably its strongest asset. The proximity to the University of Nottingham makes it an ideal investment opportunity, particularly for student rentals. The area also boasts several highly-rated schools, making it attractive to families. However, the property’s condition is a significant factor to consider. The provided images reveal an interior that is dated and could benefit from a thorough renovation. The rooms appear worn and require both cosmetic and potentially structural improvements. The absence of any external space is a further drawback. This is a common feature with properties on Lenton Boulevard. The £350,000 price tag might be considered higher than comparable properties in the area, especially considering the renovation needs. Therefore, potential buyers should carefully weigh the location’s advantages against the substantial renovation costs before committing to a purchase. A thorough survey is highly recommended.

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
5
Bathrooms
2
Sqft (est)
1,211.16

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
411,794.40 £
Increased by 53.85 %
from 267,666.36 £
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 1,211.16 £/mo
Est rental Yield
3.52 %
Decreased by 42.48 %
from 6.12 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • My New Street created the listing.

Nearby Schools

NameTypeOfstedDistance
The Nottingham Nursery School And Training CentreLocal Authority Nursery SchoolOutstanding0.44 KM
Radford Primary School AcademyAcademy ConverterGood0.48 KM
Mellers Primary SchoolCommunity SchoolGood0.53 KM
Edna G. Olds AcademyAcademy ConverterOutstanding0.69 KM
Bentinck Primary And Nursery SchoolCommunity SchoolGood0.93 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Ruskin Street £ 000.00 KM
Stansfield Street £ 000.00 KM
Boswell Street £ 000.00 KM
Garden Street £ 000.00 KM
Landseer Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT3.29 KM
Beeston1625BEE5.21 KM
Bulwell1865BLW5.53 KM
Attenborough1624ATB8.23 KM
Hucknall1862HKN9.59 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lenton Boulevard,Nottingham,NG7 2BZ £ 270,000BUY7 / 100.01 KM
Lenton Boulevard, Lenton, Nottingham, NG7 2BZ £ 290,000BUY6 / 100.03 KM
Lenton Boulevard, Lenton, NG7 2BZ £ 350,000BUY5 / 100.03 KM
Lenton Boulevard, Nottingham £ 325,000BUY6 / 100.07 KM
Lenton Boulevard, Lenton, Nottingham, NG7 2BZ £ 300,000BUYUnknown0.08 KM

Nearby Properties

AddressPriceDistance
148 Lenton Boulevard £ 240,0000.01 KM
156 Lenton Boulevard £ 170,0000.01 KM
112 Lenton Boulevard £ 185,0000.01 KM
128 Lenton Boulevard £ 155,2500.01 KM
158 Lenton Boulevard £ 153,0000.01 KM