2 South Parade, Nottingham, NG1
FA

2 South Parade, Nottingham, NG1

By Fairview Estates

£ 925,000

Reviews

3 out of 5 stars

Fairview Estates says ..

Portfolio of all two bedroom apartments within The Lambs Building comprising of four units. Fantastic views overlooking the Market Square and obtaining an annual rent roll of £72,000.

Property Oracle says ..

This property is an eight-bedroom, four-bathroom apartment located in the Castle area of Nottingham. The apartment is situated on South Parade, a street with a mix of commercial and residential properties. The location is central, offering easy access to Nottingham city centre, transport links (Nottingham train station is 0.78 KM away), and several highly-rated schools (Stone Soup Academy, rated Outstanding, is 0.62 KM away). The apartment itself appears to be newly renovated or in excellent condition, based on the provided images. The images showcase a modern, well-maintained interior with updated fixtures and finishes. The apartment is relatively small (525.01 sqft) compared to the area average (1,047 sqft), but given its location and condition, it is likely to appeal to a specific market segment. The list price of £925,000 is significantly higher than the average price for the area (£302,231) and the average price per sqft (£288). However, the lack of comparable properties in the dataset with similar size and features makes it difficult to accurately assess the value. The limited plot size (615.00 sqft) is typical for an apartment in a city centre location.

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
4
Condition
10
Location
9
Land
3
Bedrooms
8
Bathrooms
4
Sqft (est)
525.01
Lot (est)
615.00

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
273,747.00 £
Decreased by 7.23 %
from 295,097.00 £
Est sale value
192,153.66 £
Increased by 23.65 %
from 155,402.96 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
525.01 £/mo
Unchanged by 0.00 %
from 525.01 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
38.00 %
Unchanged by 0.00 %
from 38.00 %

Agent Activity

  • Fairview Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
The Nottingham Trent UniversityHigher Education InstitutionsGood0.43 KM
Stone Soup AcademyFree Schools Alternative ProvisionOutstanding0.62 KM
Nottingham CollegeFurther EducationRequires improvement0.71 KM
St Joseph'S SchoolOther Independent School0.88 KM
Welbeck Primary SchoolCommunity SchoolOutstanding0.93 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Queen Street £ 000.00 KM
Albert Street £ 000.00 KM
Peck Lane £ 000.00 KM
Norfolk Place £ 000.00 KM
Market Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT0.78 KM
Bulwell1865BLW7.28 KM
Beeston1625BEE7.29 KM
Netherfield6241NET7.84 KM
Carlton6201CTO8.03 KM

Nearby Listings

AddressPriceTypeScoreDistance
2 South Parade, Nottingham, NG1 £ 200,000BUY6 / 100.00 KM
2 South Parade, Nottingham, NG1 £ 925,000BUY6 / 100.00 KM
2 South Parade, Nottingham, NG1 £ 200,000BUY7 / 100.00 KM
2 South Parade, Nottingham, NG1 £ 200,000BUY7 / 100.00 KM
2 South Parade, Nottingham, NG1 £ 250,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
1423 Victoria Centre £ 72,0000.50 KM
1625 Victoria Centre £ 77,5000.51 KM
820 Victoria Centre £ 65,0000.51 KM
831 Victoria Centre £ 67,0000.51 KM
710 Victoria Centre £ 61,5000.53 KM