The New Alexandra Court, Woodborough Road, Nottingham, Nottinghamshire, NG3 4LN
CA

The New Alexandra Court, Woodborough Road, Nottingham, Nottinghamshire, NG3 4LN

By Cavendish Residential

£ 122,500

Reviews

2 out of 5 stars

Cavendish Residential says ..

A fabulous INVESTMENT or FIRST TIME BUYER OPPORTUNITY. Two DOUBLE bedrooms, TWO bathroom apartment. Parking and GARAGE. BALCONY. Estimated GROSS YIELD 8.8%

Property Oracle says ..

This two-bedroom, two-bathroom apartment located at The New Alexandra Court, Woodborough Road, Nottingham, is presented as an investment opportunity. The property’s interior appears well-maintained but could benefit from a décor update. Key features include a spacious living area with access to a balcony offering views, a good-sized kitchen with integrated appliances, two double bedrooms, and two bathrooms. The apartment complex offers communal parking and an elevator. The location in Mapperley, Nottingham is generally seen as favorable, with access to good schools and relatively easy access to Nottingham city centre. However, the lack of private outdoor space and limited plot size data are noteworthy considerations. The price seems acceptable in comparison to other similar properties on the market that are noted as investment opportunities, however more detailed property specifics would assist in providing a comprehensive assessment of value. Potential buyers should conduct their own thorough due diligence before committing to a purchase, particularly if considering this as an investment property and its potential rental yield. The listed tenanted status adds another dimension to investment considerations which is also beneficial to note.

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
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
688.89

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 %
from 275,159.00 £
Est sale value
184,622.52 £
Increased by 1.52 %
from 181,866.96 £
Average area rental value
993.00 £/mo
Increased by 16.14 %
from 855.00 £/mo
Est letting value
688.89 £/mo
from 0.00 £/mo
Est rental Yield
6.38 %
Increased by 71.05 %
from 3.73 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Cavendish Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
St Augustine'S Catholic Primary And Nursery School, A Voluntary AcademyAcademy Sponsor LedGood0.43 KM
Sycamore AcademyAcademy ConverterGood0.77 KM
St Ann'S Well AcademyAcademy ConverterGood0.93 KM
Jamia Al-Hudaa Residential CollegeOther Independent SchoolInadequate1.04 KM
Hollygirt SchoolOther Independent School1.04 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
St Peter's Court £ 000.00 KM
Hungerhill Road £ 000.00 KM
Copenhagen Court £ 000.00 KM
Laburnum Street £ 000.00 KM
Ravensdene Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT2.60 KM
Netherfield6241NET6.85 KM
Bulwell1865BLW6.93 KM
Carlton6201CTO6.94 KM
Beeston1625BEE9.15 KM

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AddressPriceDistance
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20 Thoresby Court £ 36,8000.21 KM
25 Thoresby Court £ 90,0000.21 KM
22 Thoresby Court £ 98,0000.21 KM