Palin Street, Radford, Nottingham, NG7 5AD
By Tomlinson Estate Management Limited
£ 175,000
Reviews
2 out of 5 stars
Tomlinson Estate Management Limited says ..
4 Bedroom HMO in Radford, sold with tenants in situ.
Property Oracle says ..
This 4-bedroom terraced house in Radford, Nottingham, is marketed as a potential HMO (House in Multiple Occupation), given its proximity to Nottingham Trent University. The property’s location is a key selling point, offering easy access to the city centre and educational facilities. Several good schools are nearby, making it appealing to families and students. However, the provided photographs reveal that the interior requires some modernisation. The kitchen and bathroom appear functional but dated, while the bedrooms show basic furnishings. The lack of a garden is a significant drawback, restricting appeal to buyers who value outdoor space. The list price seems to take into account the HMO potential and the proximity to the university. Ultimately, the property’s value hinges on its suitability as a rental investment for students and its ability to generate rental income to justify the list price. Potential buyers should account for the likely cost of renovations to improve the property’s presentation, even with the rental income considerations.
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
- 1
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft (est)
- 856.90
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
- 162,250.00 £Decreased by 29.75 %
- Est sale value
- 191,945.60 £Increased by 5.66 %
- Average area rental value
- 986.00 £/moIncreased by 8.59 %
- Est letting value
- 856.90 £/mo
- Est rental Yield
- 7.29 %Increased by 54.45 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Tomlinson Estate Management Limited created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bentinck Primary And Nursery School | Community School | Good | 0.17 KM |
| Hyson Green And New Basford Children'S Centre | Children's Centre | 0.23 KM | |
| Mellers Primary School | Community School | Good | 0.42 KM |
| Fig Tree Primary School | Other Independent School | Good | 0.46 KM |
| Take 1 Learning Centre | Other Independent School | Requires improvement | 0.60 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cope Street | £ 0 | 0 | 0.00 KM |
| Brook Court | £ 91,000 | 0 | 0.00 KM |
| Court Street | £ 0 | 0 | 0.00 KM |
| Bovill Street | £ 0 | 0 | 0.00 KM |
| Gemstone Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 3.34 KM |
| Bulwell | 1865 | BLW | 4.91 KM |
| Beeston | 1625 | BEE | 6.08 KM |
| Hucknall | 1862 | HKN | 8.82 KM |
| Attenborough | 1624 | ATB | 9.06 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Palin Street, Radford, Nottingham, NG7 5AD | £ 175,000 | BUY | 5 / 10 | 0.00 KM |
| 11 Myrtle Avenue, Nottingham, NG7 | £ 210,000 | BUY | 5 / 10 | 0.00 KM |
| Palin Street, Nottingham | £ 190,000 | BUY | 4 / 10 | 0.02 KM |
| Cope Street, Hyson Green, Nottingham, NG7 | £ 115,000 | BUY | 5 / 10 | 0.05 KM |
| Collison Street, Nottingham | £ 160,000 | BUY | 5 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 2 Palin Street | £ 38,500 | 0.03 KM |
| 19 Palin Street | £ 115,000 | 0.03 KM |
| 31 Palin Street | £ 87,500 | 0.03 KM |
| 21 Palin Street | £ 114,000 | 0.03 KM |
| 33 Palin Street | £ 79,000 | 0.04 KM |