The Park Octagon, Western Terrace, The Park
FH

The Park Octagon, Western Terrace, The Park

By FHP Living

£ 269,950

Reviews

3 out of 5 stars

FHP Living says ..

A contemporary apartment situated on the edge of one of Nottingham's most prestigious locations

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom apartment located in Nottingham, England. The apartment is part of a modern development, “The Park Octagon,” situated on Western Terrace. The apartment’s location is a key strength. It’s within close proximity to several schools, including Unity Academy, Denewood Academy, and Edna G. Olds Academy, which offer a range of educational options. The nearby Nottingham railway station provides convenient access to the wider region. Based on the provided images, the apartment appears to be in excellent condition. It boasts a modern, well-maintained interior with contemporary fixtures and fittings. The kitchen and bathrooms are particularly noteworthy for their clean and updated appearance. There is no visible evidence of wear and tear or the need for significant repairs or renovations. While the listing mentions a plot size of 1,057.70 sqft, the images show a small balcony or patio area rather than a substantial garden. This is typical for apartment living and should be considered when assessing the property. The list price of £269,950 is slightly below the average price of £302,231 for the area. However, considering the apartment’s modern condition, convenient location, and relatively small size (213.20 sqft), the price seems reasonable. The average price per sqft in the area is £288, making the apartment’s price per sqft slightly lower. Nearby comparable properties support this assessment, although the lack of sqft data for many nearby listings limits a precise comparison.

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
8
Condition
9
Location
9
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
213.20
Lot (est)
1,057.70

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
78,031.20 £
Increased by 23.65 %
from 63,107.20 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
213.20 £/mo
Unchanged by 0.00 %
from 213.20 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • FHP Living created the listing.

Nearby Schools

NameTypeOfstedDistance
Unity AcademyAcademy Alternative Provision Sponsor LedRequires improvement0.70 KM
Denewood AcademyAcademy Alternative Provision Sponsor LedGood0.74 KM
St Joseph'S SchoolOther Independent School0.88 KM
Fig Tree Primary SchoolOther Independent SchoolGood0.97 KM
Edna G. Olds AcademyAcademy ConverterOutstanding0.98 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Montfort Street £ 90,00000.00 KM
Park Hill £ 000.00 KM
Wood Street £ 000.00 KM
St Helen's Street £ 000.00 KM
Old Mill Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT2.30 KM
Beeston1625BEE5.95 KM
Bulwell1865BLW6.06 KM
Attenborough1624ATB9.02 KM
Netherfield6241NET9.54 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Park Octagon, Western Terrace, The Park £ 269,950BUY7 / 100.00 KM
Western Terrace, The Park, Nottingham £ 349,000BUY7 / 100.00 KM
Western Terrace, The Park, NG7 £ 365,000BUYUnknown0.00 KM
Western Terrace, The Park, NG7 £ 499,950BUY6 / 100.01 KM
Western Terrace, The Park £ 395,000BUYUnknown0.01 KM

Nearby Properties

AddressPriceDistance
11d Western Terrace £ 290,0000.00 KM
Park View £ 390,0000.00 KM
3a Western Terrace £ 370,0000.00 KM
2a Western Terrace £ 750,0000.00 KM
The Atrium £ 224,5000.00 KM