Traffic Street, Nottingham, Nottinghamshire, NG2
Pygott & Crone logo

Traffic Street, Nottingham, Nottinghamshire, NG2

By Pygott & Crone

£ 240,000

Reviews

2 out of 5 stars

Pygott & Crone says ..

This modern 2-bedroom apartment is on the first floor in Nottingham city centre, close to the train station. It featu...

Property Oracle says ..

This 2-bedroom, 2-bathroom apartment is situated in the Meadows area of Nottingham, a location that offers a blend of convenience and challenges. The proximity to Nottingham railway station provides easy access to transportation, and the presence of several highly-rated schools nearby makes it attractive to families. However, it’s important to consider the overall character of the Meadows area, which can have some drawbacks.

The apartment itself presents as modern and well-maintained. The photos show clean, updated interiors, including a contemporary kitchen and bathroom. However, the provided images offer a limited view, and a thorough in-person inspection is crucial before making any final judgements. The absence of a garden or other private outdoor space is a significant consideration, especially for those who value outdoor living.

The list price of £240,000 warrants examination. While some nearby apartments on Traffic Street have recently sold at similar prices, the absence of specific square footage and crucial details such as service charges for this unit makes a comprehensive price comparison difficult. A detailed breakdown of the building’s service charges would be required to confidently confirm its affordability. Therefore, a cautious approach to valuation is warranted. Overall, potential buyers should carefully weigh the advantages of the location and the modern state of the property against any concerns surrounding the area and the lack of outdoor space before making a purchasing decision.

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
8
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
817.00

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
185,000.00 £
Decreased by 7.65 %
from 200,322.00 £
Est sale value
255,721.00 £
Increased by 26.72 %
from 201,799.00 £
Average area rental value
1,073.00 £/mo
Decreased by 6.12 %
from 1,143.00 £/mo
Est letting value
817.00 £/mo
Unchanged by 0.00 %
from 817.00 £/mo
Est rental Yield
6.96 %
Increased by 1.61 %
from 6.85 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Pygott & Crone created the listing.

Nearby Schools

NameTypeOfstedDistance
Welbeck Primary SchoolCommunity SchoolOutstanding0.15 KM
Meadows Sure Start Children'S CentreChildren's Centre0.84 KM
Stone Soup AcademyFree Schools Alternative ProvisionOutstanding0.88 KM
Victoria Primary SchoolAcademy ConverterGood0.99 KM
Greenfields Community SchoolCommunity SchoolGood1.02 KM

Images

1150070 (1) 1150070 (15) 1150070 (3) 1150070 (5) 1150070 (2) 1150070 (4) 1150070 (11) 1150070 (12) 1150070 (6) 1150070 (7) 1150070 (8) 1150070 (16) 1150070 (14) 1150070 (9) 1150070 (18) 1150070 (17) 1150070 (13)

Nearby Streets

NameAverage PriceAverage SqftDistance
Wilford Road £ 225,00000.00 KM
Wilford Street £ 000.00 KM
Castle Wharf £ 000.00 KM
Strome Close £ 000.00 KM
Carrington Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT0.54 KM
Beeston1625BEE6.84 KM
Bulwell1865BLW7.81 KM
Netherfield6241NET8.07 KM
Carlton6201CTO8.29 KM

Nearby Properties

AddressPriceDistance
17 Kinglake Place £ 106,0000.11 KM
19 Kinglake Place £ 117,0000.11 KM
25 Kinglake Place £ 100,0000.11 KM
6 Kinglake Place £ 86,0000.11 KM
31 Kinglake Place £ 90,0000.11 KM