Vernon Road, Old Basford, Nottingham
DA

Vernon Road, Old Basford, Nottingham

By David James Estate Agents

£ 125,000

Reviews

2 out of 5 stars

David James Estate Agents says ..

Available to investors only and with a tenant conveniently already in-situ for immediate rental income, this two-bedroom mid-terraced property is centrally located on a popular residential street within easy reach of an excellent range of local amenities and public transport links to Nottingham C...

Property Oracle says ..

This two-bedroom mid-terraced house in Old Basford, Nottingham, is presented for sale at £125,000. The property’s location is a key strength, with good access to local schools including Green Crescent School and Southwark Primary School (both rated ‘Good’ by Ofsted) and convenient proximity to transport links, facilitating easy access to Nottingham city centre. The property itself shows its age in certain areas and has limited external space, indicated in the photo of a small, unkempt rear garden. Internally, some modernisation would enhance the property’s appeal. The kitchen and bathroom, in particular, appear outdated. While the interior decor is functional, it lacks modern styling and would benefit from updating. Overall, this property presents a sound investment opportunity for first-time buyers or investors seeking a reasonably priced property in a convenient Nottingham location. Potential buyers should be aware of the need for some refurbishment to improve the property’s aesthetic appeal. The absence of precise square footage details in nearby property listings makes a precise price per square foot comparison difficult; however, the listing price appears competitive in the context of the local market.

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
2
Bedrooms
2
Bathrooms
1
Sqft (est)
846.80

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
187,304.00 £
Increased by 1.15 %
from 185,167.00 £
Est sale value
188,836.40 £
Increased by 13.78 %
from 165,972.80 £
Average area rental value
959.00 £/mo
Decreased by 3.13 %
from 990.00 £/mo
Est letting value
846.80 £/mo
Unchanged by 0.00 %
from 846.80 £/mo
Est rental Yield
6.14 %
Decreased by 4.36 %
from 6.42 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • David James Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Green Crescent SchoolOther Independent SchoolGood0.41 KM
Southwark Primary SchoolAcademy ConverterGood0.44 KM
Old Basford SchoolAcademy Converter0.60 KM
Our Lady Of Perpetual Succour Catholic Primary SchoolAcademy ConverterGood0.93 KM
Ellis Guilford SchoolAcademy Sponsor LedRequires improvement1.02 KM

Images

Front Lounge Kitchen Bedroom One Dining Room Bedroom Two Bedroom Two Bedroom Two Rear Yard Front Exterior Front Exterior

Nearby Streets

NameAverage PriceAverage SqftDistance
Kingfisher Court £ 220,00000.00 KM
Highbury Road £ 180,00000.00 KM
Laxton Avenue £ 160,00000.00 KM
Bedford Grove £ 000.00 KM
Gayhurst Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bulwell1865BLW2.01 KM
Hucknall1862HKN5.89 KM
Nottingham1826NOT6.03 KM
Beeston1625BEE7.82 KM

Nearby Listings

AddressPriceTypeScoreDistance
Vernon Road, Old Basford, Nottingham £ 125,000BUY5 / 100.00 KM
Vernon Road, Basford, Nottingham £ 95,000BUY5 / 100.01 KM
Vernon Road, Basford, Nottinghamshire, NG6 0AT £ 130,000BUY6 / 100.04 KM
Burnaby Street, Nottingham £ 160,000BUY7 / 100.05 KM
Bulwell Lane, Basford, Nottinghamshire, NG6 0BS £ 120,000BUY5 / 100.11 KM

Nearby Properties

AddressPriceDistance
24 Burnaby Street £ 59,5000.05 KM
5 Burnaby Street £ 96,0000.05 KM
9 Burnaby Street £ 72,0000.05 KM
7 Burnaby Street £ 76,5000.05 KM
13 Burnaby Street £ 68,0000.05 KM