Spring Lane, Lambley, Nottingham
By David James Estate Agents
£ 120,000
Reviews
3 out of 5 stars
David James Estate Agents says ..
Two bedroom maisonette in the ever popular village of Lambley with huge potential! Perfect for downsizers, first-time buyers or investors and offered to the market with no upward chain.
Property Oracle says ..
This 2-bedroom property in Lambley, Nottingham, presents an interesting proposition for buyers. Located on Spring Lane, it benefits from proximity to Lambley Primary School, which has received a ‘Good’ Ofsted rating, making it an attractive option for families. The property’s proximity to several railway stations, although at a distance requiring car travel, provides some travel accessibility.
The property itself is a brick-built semi-detached house, shown in photographs to be generally well-maintained. However, the kitchen and interior would likely benefit from some modernisation to appeal to a broader range of buyers. A new kitchen and bathroom would add to its value and make it more attractive. The existing decor is somewhat dated, suggesting that a new buyer may wish to redecorate.
The property includes a modest-sized garden, a feature that enhances its appeal, but which would need some TLC. This could include basic maintenance or potentially some landscaping. The inclusion of a greenhouse and shed indicates there is the potential to create more privacy and add value through further garden improvement.
Overall, the property’s list price could be considered reasonably competitive, especially given the more affordable price range compared to other nearby properties. However, potential buyers should factor in the necessary renovations and modernisation costs that would be required to fully improve the property’s visual appeal and overall value. The lack of precise square footage data for comparable properties makes a precise comparison difficult, but the smaller property size could be viewed as a drawback to some buyers. The modest garden size may also detract from its market appeal to those looking for larger outdoor space.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 590.08
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
- 850,000.00 £Increased by 50.05 %
- Est sale value
- 444,920.32 £Increased by 158.22 %
- Average area rental value
- 950.00 £/moDecreased by 15.10 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 1.34 %Decreased by 43.46 %
- Crime Rate
- 79.00 %Unchanged by 0.00 %
Agent Activity
David James Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Lambley Primary School | Community School | Good | 0.33 KM |
| Willow Farm Primary School | Academy Converter | 2.55 KM | |
| Carlton Le Willows Academy | Academy Converter | Good | 2.60 KM |
| Wood'S Foundation Cofe Primary School | Voluntary Aided School | Outstanding | 2.70 KM |
| Burton Joyce Primary School | Academy Converter | Good | 3.14 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Chapel Lane | £ 0 | 0 | 0.00 KM |
| Grange Close | £ 0 | 0 | 0.00 KM |
| Park Lane | £ 800,000 | 0 | 0.00 KM |
| Cornwalls Hill | £ 1,000,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Burton Joyce | 6200 | BUJ | 3.16 KM |
| Carlton | 6201 | CTO | 4.00 KM |
| Netherfield | 6241 | NET | 4.43 KM |
| Radcliffe (Nottinghamshire) | 6242 | RDF | 6.32 KM |
| Lowdham | 6202 | LOW | 7.43 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Spring Lane, Lambley, Nottingham | £ 120,000 | BUY | 6 / 10 | 0.00 KM |
| Cromwell Crescent, Lambley, Nottinghamshire, NG4 4PJ | £ 325,000 | BUY | 7 / 10 | 0.08 KM |
| Cromwell Crescent, Lambley, Nottinghamshire, NG4 4PJ | £ 280,000 | BUY | Unknown | 0.10 KM |
| Cromwell Crescent, Lambley, Nottingham | £ 325,000 | BUY | Unknown | 0.12 KM |
| Cromwell Crescent, Lambley | £ 260,000 | BUY | 6 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 16 Spring Lane | £ 355,000 | 0.10 KM |
| 33 Spring Lane | £ 92,500 | 0.10 KM |
| 22 Spring Lane | £ 375,000 | 0.10 KM |
| 18 Spring Lane | £ 270,000 | 0.10 KM |
| 14 Spring Lane | £ 215,000 | 0.10 KM |