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7 bed flat for sale

£210,000

Nottingham Road, New Basford, Nottingham NG7

7
Interested in this property? Call 0115 933 8053 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Guide Price of £210,000 - £230,000
  • Hmo Approved
  • Seven Bedrooms Plus Additional One Bedroom Flat
  • Income of Approximately £25,000 Per Annum
  • 10% + Yield
  • Close To Nottingham City Centre and Local Amenities
  • Buy Now To Avoid Stamp Duty Increase
  • End-terraced Property

Property description


Summary
Buy to let investors take note of this fantastic investment opportunity with this hmo approved property that offers seven bedrooms and an additional self contained flat. The property has been priced to sell and currently achieves an income of approximately £25,000 per annum and over a 10% yield.

Description
Guide price of £210,000 - £230,000. Buy now to avoid stamp duty increase! Buy to let investors take note of this fantastic investment opportunity
with this hmo approved property that offers seven bedrooms and an additional self contained flat. This unique investment property has been priced to sell and currently achieves an income of approximately £25,000 per annum and over a 10% yield. The property is conveniently located with access to local amenities and access to local transport links into Nottingham City Centre. Offered to the market with no chain makes this a desirable investment purchase and is an opportunity not to be missed.

An early internal inspection is highly advised on the property in order to avoid disappointment. For any further information or to arrange a viewing please contact William H Brown on .

Accommodation
Internally the property offers seven lettable rooms and an additional self contained flat. For further information please call the estate agent.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

Property info

Market activity
Average price paid £154,109 Sales 453 Current average value £161,926 (Zoopla Zed-Index) Value change £5,564 ▲ 3.56%

Property value data/graphs for NG7

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £357,027 £226 4.1 £405,805
Semi-detached £177,261 £169 3.5 £173,283
Terraced £126,709 £161 3.1 £120,360
Flats £167,001 £236 1.9 £150,289

Current asking prices in NG7

Average: £244,117
Avg. current asking prices in NG7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £122,475
(2)
£114,569
(28)
£175,992
(44)
£277,363
(19)
£429,994
(8)
Flats £91,740
(10)
£148,520
(22)
£360,000
(2)
£228,333
(3)
-
All £96,862
(12)
£129,508
(50)
£183,992
(46)
£270,677
(22)
£429,994
(8)

Current asking rents in NG7

Average: £938 pcm
Avg. current asking prices in NG7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £365 pcm
(19)
£608 pcm
(23)
£802 pcm
(44)
£991 pcm
(107)
£1,153 pcm
(45)
Flats £464 pcm
(68)
£713 pcm
(51)
£1,032 pcm
(12)
£820 pcm
(13)
£1,538 pcm
(5)
All £443 pcm
(87)
£680 pcm
(74)
£852 pcm
(56)
£972 pcm
(120)
£1,191 pcm
(50)

Fun facts for NG7

Highest value in NG7
Highest value streets Zed-Index
Derby Road £1,086,467
Huntingdon Drive £742,142
Cavendish Crescent North £704,628
Tattershall Drive £510,187
Barrack Lane £447,451
Highest turnover in NG7
Highest turnover streets Turnover
Huntingdon Drive 50.0%
Lincoln Circus 46.7%
Turnstone Wharf 42.9%
North Road 41.9%
Pelham Crescent 38.9%

What Zoopla users think of New Basford

Overall rating:

  • currently 4 stars
Very good - 75%

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate New Basford:

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Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Nottingham (2.1 miles)
  • Bulwell (2.2 miles)
  • Carlton (3.6 miles)
  • East Midlands Airport (12.1 miles)
  • Robin Hood Airport (35.2 miles)
  • Birmingham International Airport (43.6 miles)
  • Hull Ferry Terminal (64.6 miles)
  • West Lynn Ferry Landing (66.6 miles)
  • King's Lynn Ferry Landing (66.7 miles)

Nearby schools

View all schools in Nottingham
  • Claremont Primary and Nursery School (0.2 miles)
  • Carrington Primary and Nursery School (0.3 miles)
  • Djanogly Northgate Academy (0.3 miles)
  • FUEL (0.2 miles)
  • New College Nottingham (1.8 miles)
  • Rise Learning Zone (1.8 miles)
  • Nottingham Free School (0.3 miles)
  • Djanogly City Academy (0.6 miles)
  • Jamia Al-Hudaa Residential College (0.7 miles)
Note: Distances are straight line measurements

Local info for Nottingham

About the neighbours in NG7

AskMe Q&A for Nottingham

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For more information about this property, please contact
William H Brown, NG1 on 0115 933 8053 * (local rate)

Monthly running costs Beta

£849 Monthly total
Mortgage
Purchase price
Deposit (10%) 21,000
Repayment term 25
Interest rate 0.5
Your payment £670 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Council Tax

Local authority

Nottingham

Estimated tax band B Council tax cost £133 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £27 Sewerage £19 Estimated water cost £46 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact William H Brown about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by William H Brown, and do not constitute property particulars. Please contact William H Brown for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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