105 Forest Road West, Arboretum, NG7 4ER
HE

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 %
from 230,969.00 £
Est sale value
575,050.56 £
Increased by 5.66 %
from 544,244.28 £
Average area rental value
986.00 £/mo
Increased by 8.59 %
from 908.00 £/mo
Est letting value
2,567.19 £/mo
from 0.00 £/mo
Est rental Yield
7.29 %
Increased by 54.45 %
from 4.72 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • HEB Property Consultants created the listing.

Nearby Schools

NameTypeOfstedDistance
Denewood AcademyAcademy Alternative Provision Sponsor LedGood0.05 KM
Unity AcademyAcademy Alternative Provision Sponsor LedRequires improvement0.10 KM
Fig Tree Primary SchoolOther Independent SchoolGood0.36 KM
Take 1 Learning CentreOther Independent SchoolRequires improvement0.60 KM
Djanogly City AcademyAcademy Sponsor LedGood0.61 KM

Images

Front Lounge / Kitchen Kitchen Lounge / Kitchen Kitchen Bedroom Bathroom Lounge / Kitchen Bedroom Street Map

Nearby Streets

NameAverage PriceAverage SqftDistance
The Grove £ 000.00 KM
Ortzen Street £ 000.00 KM
Goodwin Street £ 000.00 KM
Ireton Street £ 000.00 KM
Old Mill Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT2.62 KM
Bulwell1865BLW5.47 KM
Beeston1625BEE6.53 KM
Hucknall1862HKN9.20 KM
Netherfield6241NET9.43 KM

Nearby Listings

AddressPriceTypeScoreDistance
109 Forest Road West, Arboretum, NG7 4ER £ 525,000BUY5 / 100.00 KM
105 Forest Road West, Arboretum, NG7 4ER £ 525,000BUY5 / 100.00 KM
50 Forest Road West, Arboretum, NG1 4EQ £ 125,000BUY4 / 100.02 KM
52 Forest Road West, Arboretum, NG1 4EQ £ 275,000BUY5 / 100.02 KM
54 Forest Road West, Arboretum, NG1 4EQ £ 340,000BUY4 / 100.02 KM

Nearby Properties

AddressPriceDistance
24 Forest Road West £ 125,0000.07 KM
12 Waterloo Road £ 177,5000.07 KM
26 Waterloo Road £ 39,887,2850.07 KM
1 Larkdale Street £ 495,0000.10 KM
17a Larkdale Street £ 800,0000.10 KM