2 South Parade, Nottingham, NG1
FA

2 South Parade, Nottingham, NG1

By Fairview Estates

£ 200,000

Reviews

3 out of 5 stars

Fairview Estates says ..

Two double bedroom apartment within The Lambs Building. Fantastic views overlooking the Market Square and obtaining an annual rent roll of £17,400 to Sept 2023.

Property Oracle says ..

This 2-bedroom apartment is located in the Castle area of Nottingham, a vibrant and popular location. The property benefits from being close to Nottingham Trent University and several highly-rated schools, as well as excellent transport links. The apartment itself appears to be in good condition, with modern fixtures and fittings. While the square footage is relatively small at 525 sqft, the list price of £200,000 is slightly above the average price per square foot for the area (£288), but comparable to other nearby apartments. The lack of information on plot size makes it difficult to assess the land aspect fully. Overall, this property presents a reasonable opportunity for buyers looking for a modern apartment in a central Nottingham location.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
10
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
525.01
Lot (est)
615.00

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
273,747.00 £
Decreased by 7.23 %
from 295,097.00 £
Est sale value
192,153.66 £
Increased by 23.65 %
from 155,402.96 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
525.01 £/mo
Unchanged by 0.00 %
from 525.01 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
38.00 %
Unchanged by 0.00 %
from 38.00 %

Agent Activity

  • Fairview Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
The Nottingham Trent UniversityHigher Education InstitutionsGood0.43 KM
Stone Soup AcademyFree Schools Alternative ProvisionOutstanding0.62 KM
Nottingham CollegeFurther EducationRequires improvement0.71 KM
St Joseph'S SchoolOther Independent School0.88 KM
Welbeck Primary SchoolCommunity SchoolOutstanding0.93 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Queen Street £ 000.00 KM
Albert Street £ 000.00 KM
Peck Lane £ 000.00 KM
Norfolk Place £ 000.00 KM
Market Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT0.78 KM
Bulwell1865BLW7.28 KM
Beeston1625BEE7.29 KM
Netherfield6241NET7.84 KM
Carlton6201CTO8.03 KM

Nearby Listings

AddressPriceTypeScoreDistance
2 South Parade, Nottingham, NG1 £ 200,000BUY6 / 100.00 KM
2 South Parade, Nottingham, NG1 £ 925,000BUY6 / 100.00 KM
2 South Parade, Nottingham, NG1 £ 200,000BUY7 / 100.00 KM
2 South Parade, Nottingham, NG1 £ 200,000BUY7 / 100.00 KM
2 South Parade, Nottingham, NG1 £ 250,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
1423 Victoria Centre £ 72,0000.50 KM
820 Victoria Centre £ 65,0000.51 KM
831 Victoria Centre £ 67,0000.51 KM
1625 Victoria Centre £ 77,5000.51 KM
710 Victoria Centre £ 61,5000.53 KM