Spring Lane, Lambley, Nottingham
DA

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 %
from 566,471.00 £
Est sale value
444,920.32 £
Increased by 158.22 %
from 172,303.36 £
Average area rental value
950.00 £/mo
Decreased by 15.10 %
from 1,119.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
1.34 %
Decreased by 43.46 %
from 2.37 %
Crime Rate
79.00 %
Unchanged by 0.00 %
from 79.00 %

Agent Activity

  • David James Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Lambley Primary SchoolCommunity SchoolGood0.33 KM
Willow Farm Primary SchoolAcademy Converter2.55 KM
Carlton Le Willows AcademyAcademy ConverterGood2.60 KM
Wood'S Foundation Cofe Primary SchoolVoluntary Aided SchoolOutstanding2.70 KM
Burton Joyce Primary SchoolAcademy ConverterGood3.14 KM

Images

Front Lounge Lounge Lounge Kitchen Kitchen Entrance Hallway Bathroom Bathroom Bedroom One Bedroom Two Garden Garden Garden Front Entrance Side of Property Driveway

Nearby Streets

NameAverage PriceAverage SqftDistance
Chapel Lane £ 000.00 KM
Grange Close £ 000.00 KM
Park Lane £ 800,00000.00 KM
Cornwalls Hill £ 1,000,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Burton Joyce6200BUJ3.16 KM
Carlton6201CTO4.00 KM
Netherfield6241NET4.43 KM
Radcliffe (Nottinghamshire)6242RDF6.32 KM
Lowdham6202LOW7.43 KM

Nearby Listings

AddressPriceTypeScoreDistance
Spring Lane, Lambley, Nottingham £ 120,000BUY6 / 100.00 KM
Cromwell Crescent, Lambley, Nottinghamshire, NG4 4PJ £ 325,000BUY7 / 100.08 KM
Cromwell Crescent, Lambley, Nottinghamshire, NG4 4PJ £ 280,000BUYUnknown0.10 KM
Cromwell Crescent, Lambley, Nottingham £ 325,000BUYUnknown0.12 KM
Cromwell Crescent, Lambley £ 260,000BUY6 / 100.17 KM

Nearby Properties

AddressPriceDistance
16 Spring Lane £ 355,0000.10 KM
33 Spring Lane £ 92,5000.10 KM
22 Spring Lane £ 375,0000.10 KM
18 Spring Lane £ 270,0000.10 KM
14 Spring Lane £ 215,0000.10 KM