Linen House, Boulevard Works, Hartley Road, Nottingham, Nottinghamshire, NG7 3BB
CA

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 %
from 213,239.00 £
Est sale value
142,422.60 £
Increased by 53.85 %
from 92,574.69 £
Average area rental value
888.00 £/mo
Decreased by 18.38 %
from 1,088.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 418.89 £/mo
Est rental Yield
3.52 %
Decreased by 42.48 %
from 6.12 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Cavendish Residential marked this listing as sold.

  • Cavendish Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
Radford Primary School AcademyAcademy ConverterGood0.28 KM
The Nottingham Nursery School And Training CentreLocal Authority Nursery SchoolOutstanding0.28 KM
Mellers Primary SchoolCommunity SchoolGood0.35 KM
Berridge Primary And Nursery SchoolCommunity SchoolGood0.58 KM
Bentinck Primary And Nursery SchoolCommunity SchoolGood0.71 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Landseer Street £ 000.00 KM
Prospect Close £ 000.00 KM
Boswell Street £ 000.00 KM
Brook Court £ 91,00000.00 KM
Ruskin Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT3.68 KM
Bulwell1865BLW4.91 KM
Beeston1625BEE5.52 KM
Attenborough1624ATB8.48 KM
Hucknall1862HKN8.97 KM

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