Linen House, Boulevard Works, Hartley Road, Nottingham, Nottinghamshire, NG7 3BB
By Cavendish Residential
£ 79,000
Reviews
2 out of 5 stars
Cavendish Residential says ..
INVESTMENT OPPORTUNITY. Tenanted, FURNISHED ONE bedroom apartment. POPULAR DEVELOPMENT. CLOSE TO AMENITIES and TRANSPORT links. Estimated GROSS YIELD 10.6%
Property Oracle says ..
This one-bedroom apartment situated within Linen House, a converted factory building in Nottingham’s Radford area, presents itself as an investment opportunity. The property is conveniently located close to Nottingham city centre, with good transport connections and nearby amenities such as Castle Retail Park. Several well-rated primary schools are also within walking distance. While the apartment is advertised as furnished, the provided images show a property in need of a thorough cleaning. The interior decor is dated, although the structural condition appears sound. The kitchen and bathroom appear functional but show signs of wear and tear. While there is a communal outdoor space, the apartment itself lacks a private garden. The listed price of £79,000 positions this property as a potentially attractive investment option, given the potential rental income suggested in the listing details. Potential buyers should be aware of the required cleaning and minor cosmetic improvements to maximize its rental value. Those seeking a pristine, move-in-ready apartment may need to look elsewhere, but for an investor seeking a good yield and a convenient location, this could prove to be a worthwhile acquisition. The Radford area is constantly evolving with plans to improve the overall area further increasing the property’s value over time.
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
- 1
- Bathrooms
- 1
- Sqft (est)
- 418.89
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 %
- Est sale value
- 142,422.60 £Increased by 53.85 %
- Average area rental value
- 888.00 £/moDecreased by 18.38 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 3.52 %Decreased by 42.48 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Cavendish Residential marked this listing as sold.
Cavendish Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Radford Primary School Academy | Academy Converter | Good | 0.28 KM |
| The Nottingham Nursery School And Training Centre | Local Authority Nursery School | Outstanding | 0.28 KM |
| Mellers Primary School | Community School | Good | 0.35 KM |
| Berridge Primary And Nursery School | Community School | Good | 0.58 KM |
| Bentinck Primary And Nursery School | Community School | Good | 0.71 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Landseer Street | £ 0 | 0 | 0.00 KM |
| Prospect Close | £ 0 | 0 | 0.00 KM |
| Boswell Street | £ 0 | 0 | 0.00 KM |
| Brook Court | £ 91,000 | 0 | 0.00 KM |
| Ruskin Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 3.68 KM |
| Bulwell | 1865 | BLW | 4.91 KM |
| Beeston | 1625 | BEE | 5.52 KM |
| Attenborough | 1624 | ATB | 8.48 KM |
| Hucknall | 1862 | HKN | 8.97 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Linen House, Boulevard Works, Hartley Road, Nottingham, Nottinghamshire, NG7 3BB | £ 79,000 | BUY | 5 / 10 | 0.00 KM |
| Linen House, Boulevard Works, Hartley Road, Nottingham, Nottinghamshire, NG7 3BB | £ 79,000 | BUY | 5 / 10 | 0.00 KM |
| Boulevard Works, Hartley Road, Nottingham, Nottinghamshire, NG7 3BB | £ 110,000 | BUY | 6 / 10 | 0.00 KM |
| Forster Street, Radford | £ 130,000 | BUY | 4 / 10 | 0.02 KM |
| Hartley Road, Nottingham, Nottinghamshire, NG7 | £ 95,000 | BUY | 6 / 10 | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 147 Forster Street | £ 33,500 | 0.07 KM |
| 155 Forster Street | £ 25,000 | 0.07 KM |
| 129 Forster Street | £ 65,000 | 0.07 KM |
| 133 Forster Street | £ 70,000 | 0.07 KM |
| 125 Forster Street | £ 67,500 | 0.07 KM |