The New Alexandra Court, Woodborough Road, Nottingham, Nottinghamshire, NG3 4LN
By Cavendish Residential
£ 85,000
Reviews
2 out of 5 stars
Cavendish Residential says ..
IDEAL FOR INVESTMENT this ONE DOUBLE BEDROOM apartment is CURRENTLY TENANTED at a rent of £725pcm generating a GROSS YIELD OF 10.2%. Within easy WALKING DISTANCE OF THE CITY CENTRE this apartment is likely to prove popular.
Property Oracle says ..
This property is a one-bedroom apartment located in Mapperley, Nottingham. The apartment is situated in The New Alexandra Court, a building with on-site parking, which is a positive feature. While the apartment itself appears to be in reasonable condition, it could benefit from some modernisation to enhance its overall appeal. The location is convenient, with nearby schools and transportation options. However, the lack of outdoor space is a notable drawback. The list price of £85,000 is significantly below the average price for the area, making it potentially attractive to first-time buyers or investors, especially given the low average price per sqft in the area. However, further investigation into the specific condition of the apartment and any potential maintenance costs would be prudent before a final decision.
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
- 8
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 330.56
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
- 186,660.00 £Decreased by 32.16 %
- Est sale value
- 88,590.08 £Increased by 1.52 %
- Average area rental value
- 993.00 £/moIncreased by 16.14 %
- Est letting value
- 330.56 £/mo
- Est rental Yield
- 6.38 %Increased by 71.05 %
- Crime Rate
- 1.00 %Unchanged by 0.00 %
Agent Activity
Cavendish Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Augustine'S Catholic Primary And Nursery School, A Voluntary Academy | Academy Sponsor Led | Good | 0.43 KM |
| Sycamore Academy | Academy Converter | Good | 0.77 KM |
| St Ann'S Well Academy | Academy Converter | Good | 0.93 KM |
| Jamia Al-Hudaa Residential College | Other Independent School | Inadequate | 1.04 KM |
| Hollygirt School | Other Independent School | 1.04 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| St Peter's Court | £ 0 | 0 | 0.00 KM |
| Hungerhill Road | £ 0 | 0 | 0.00 KM |
| Copenhagen Court | £ 0 | 0 | 0.00 KM |
| Laburnum Street | £ 0 | 0 | 0.00 KM |
| Ravensdene Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 2.60 KM |
| Netherfield | 6241 | NET | 6.85 KM |
| Bulwell | 1865 | BLW | 6.93 KM |
| Carlton | 6201 | CTO | 6.94 KM |
| Beeston | 1625 | BEE | 9.15 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The New Alexandra Court, Woodborough Road, Nottingham, Nottinghamshire, whats my | £ 135,000 | BUY | 7 / 10 | 0.00 KM |
| The New Alexandra Court, Woodborough Road, Nottingham, Nottinghamshire, NG3 4LN | £ 67,500 | BUY | 5 / 10 | 0.00 KM |
| The New Alexandra Court, Woodborough Road, Nottingham, Nottinghamshire, NG3 4LN | £ 122,500 | BUY | 5 / 10 | 0.00 KM |
| The New Alexandra Court, Woodborough Road, Nottingham, Nottinghamshire, NG3 4LN | £ 85,000 | BUY | 5 / 10 | 0.00 KM |
| Flat 58, The New Alexandra Court, Woodborough Road, Nottingham NG3 4LN | £ 50,000 | BUY | 5 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 50 Magdala Road | £ 220,000 | 0.15 KM |
| 2 Thoresby Court | £ 118,000 | 0.21 KM |
| 27 Thoresby Court | £ 114,000 | 0.21 KM |
| 23 Thoresby Court | £ 100,000 | 0.21 KM |
| 17 Thoresby Court | £ 135,000 | 0.21 KM |