105 Forest Road West, Arboretum, NG7 4ER
By HEB Property Consultants
£ 525,000
Reviews
2 out of 5 stars
HEB Property Consultants says ..
Residential investment opportunity. Five, one bed self-contained flats - fully let. Whole building refurbished in 2019. Current gross rental income £44,700 per annum.
Property Oracle says ..
This property in Nottingham’s Arboretum area is a block of five one-bedroom self-contained flats, currently fully let, offering a residential investment opportunity. The building underwent a full refurbishment in 2019, resulting in a modern and well-maintained interior, as shown in the provided photographs. The apartments boast contemporary kitchens and bathrooms. Key advantages include the convenient location near well-regarded schools and Nottingham city centre. The current gross annual rental income of approximately £44,700 is significant, making it an attractive proposition for investors. However, the lack of external space and the high list price relative to other similar investments in the area warrant careful consideration. A detailed breakdown of individual apartment values and rental yields would be useful in establishing the true value for money. The high price may also be influenced by its location in an established, desirable area of Nottingham.
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
- 6
- Condition
- 7
- Location
- 7
- Land
- 1
- Bedrooms
- 5
- Bathrooms
- 0
- Sqft (est)
- 2,567.19
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
- 162,250.00 £Decreased by 29.75 %
- Est sale value
- 575,050.56 £Increased by 5.66 %
- Average area rental value
- 986.00 £/moIncreased by 8.59 %
- Est letting value
- 2,567.19 £/mo
- Est rental Yield
- 7.29 %Increased by 54.45 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
HEB Property Consultants created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Denewood Academy | Academy Alternative Provision Sponsor Led | Good | 0.05 KM |
| Unity Academy | Academy Alternative Provision Sponsor Led | Requires improvement | 0.10 KM |
| Fig Tree Primary School | Other Independent School | Good | 0.36 KM |
| Take 1 Learning Centre | Other Independent School | Requires improvement | 0.60 KM |
| Djanogly City Academy | Academy Sponsor Led | Good | 0.61 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Grove | £ 0 | 0 | 0.00 KM |
| Ortzen Street | £ 0 | 0 | 0.00 KM |
| Goodwin Street | £ 0 | 0 | 0.00 KM |
| Ireton Street | £ 0 | 0 | 0.00 KM |
| Old Mill Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nottingham | 1826 | NOT | 2.62 KM |
| Bulwell | 1865 | BLW | 5.47 KM |
| Beeston | 1625 | BEE | 6.53 KM |
| Hucknall | 1862 | HKN | 9.20 KM |
| Netherfield | 6241 | NET | 9.43 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 109 Forest Road West, Arboretum, NG7 4ER | £ 525,000 | BUY | 5 / 10 | 0.00 KM |
| 105 Forest Road West, Arboretum, NG7 4ER | £ 525,000 | BUY | 5 / 10 | 0.00 KM |
| 50 Forest Road West, Arboretum, NG1 4EQ | £ 125,000 | BUY | 4 / 10 | 0.02 KM |
| 52 Forest Road West, Arboretum, NG1 4EQ | £ 275,000 | BUY | 5 / 10 | 0.02 KM |
| 54 Forest Road West, Arboretum, NG1 4EQ | £ 340,000 | BUY | 4 / 10 | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 24 Forest Road West | £ 125,000 | 0.07 KM |
| 12 Waterloo Road | £ 177,500 | 0.07 KM |
| 26 Waterloo Road | £ 39,887,285 | 0.07 KM |
| 1 Larkdale Street | £ 495,000 | 0.10 KM |
| 17a Larkdale Street | £ 800,000 | 0.10 KM |