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2 bed flat for sale

£130,000 Guide price

Victoria Road, Netherfield, Nottingham NG4

2 2 2
Interested in this property? Call +44 115 774 1342 * or Request Details

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

Property features

  • Two self contained flats
  • One bedroom ground floor
  • One bedroom first floor
  • Lounge
  • Bedroom
  • Shower room
  • Currently let
  • Yield in excess of 7.6%
  • Investment opportunity
  • No chain

Property description

** two self contained flats **guide price £130,000 - £140,000** walton & allen are delighted to offer this freehold investment opportunity which consists of two self contained flats generating a yield in excess of 7.4%. Ground floor accommodation comprises living room/kitchen, bedroom and shower room. First floor accommodation comprises landing, lounge, separate kitchen, bedroom, shower room. Located with excellent access to netherfield shopping centre and with access to carlton train station and Victoria Retail Park the properties are available with no onward chain so call now to view!

Communal Hall

Entrance door to front, door to ground floor flat and door to stairs to first floor flat.

Ground Floor

Bedroom 1 (3.35m x 3.13m (11'0" x 10'3"))

UPVC double glazed window to front, storage heater.

Living Room/Kitchen (3.68m x 4.01m (12'1" x 13'2"))

Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink, electric oven, four ring hob. UPVC double glazed window to rear, electric storage heater.

Shower Room

Fitted with three piece suite comprising shower cubicle with electric shower, pedestal wash basin and W.C. Tiled splashbacks, uPVC opaque double glazed window to rear, tiled flooring, uPVC door to rear.

Garden

Yard style garden to rear.

First Floor

Landing

Stair to ground floor.

Lounge (3.44m x 4.01m (11'3" x 13'2"))

UPVC double glazed window to front, electric storage heater.

Kitchen (1.93m x 1.65m (6'4" x 5'5"))

Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink, electric oven, hob.

Bedroom (2.73m x 2.26m (8'11" x 7'5"))

UPVC double glazed window to rear.

Shower Room

Fitted with three piece suite comprising shower cubicle with electric shower, pedestal wash basin with tiled splashbacks and W.C. UPVC opaque double glazed window to rear.

Agents Note

Both flats are currently let generating £9896.00 per annum.

Viewing 24 Hrs Notice

To arrange a viewing on this property please contact our Sales Team at Walton & Allen on Nottingham . Please note 24hrs notice is usually required on this property.

Property To Sell?

If you are selling a property, or even considering selling, now or in the near future Walton & Allen estate agents would be delighted to visit your property to offer a free property valuation. We are a family run fully independent estate agent. Call us today on .

Disclaimer

Walton & Allen, their clients and any joint agents give notice that 1: They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Walton & Allen s have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

Property info

Floorplan(s): 108 Victoria Road.Jpg

108 Victoria Road.Jpg View original

Market activity
Average price paid £164,869 Sales 612 Current average value £167,821 (Zoopla Zed-Index) Value change -£1,233 ▼ -0.73%

Property value data/graphs for NG4

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £238,588 £194 3.4 £226,795
Semi-detached £153,891 £166 3.0 £158,006
Terraced £118,131 £148 2.5 £115,714
Flats £97,966 £147 1.9 £84,234

Current asking prices in NG4

Average: £206,764
Avg. current asking prices in NG4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £110,000
(1)
£146,015
(29)
£199,896
(68)
£320,898
(25)
£445,000
(6)
Flats £70,000
(2)
£102,235
(21)
£105,000
(2)
- -
All £83,333
(3)
£127,627
(50)
£197,185
(70)
£320,898
(25)
£445,000
(6)

Current asking rents in NG4

Average: £600 pcm
Avg. current asking prices in NG4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £318 pcm
(3)
£592 pcm
(8)
£659 pcm
(4)
£958 pcm
(2)
-
Flats £462 pcm
(6)
£583 pcm
(7)
- - -
All £414 pcm
(9)
£588 pcm
(15)
£659 pcm
(4)
£958 pcm
(2)
-

Fun facts for NG4

Highest value in NG4
Highest value streets Zed-Index
Wood Lane £500,256
Waterhouse Lane £466,354
Church Street £363,389
Swan Meadow £363,286
Catfoot Lane £358,661
Highest turnover in NG4
Highest turnover streets Turnover
Friday Lane 61.9%
Fearn Chase 60.0%
Cameo Close 57.1%
Chestnut Grove 52.2%
Revena Close 50.0%

What Zoopla users think of Netherfield

Overall rating:

  • currently 4.5 stars
Very good - 87%

Ratings breakdown:

  • currently 4.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 5 stars
Restaurants & shopping
  • currently 4.5 stars
Schools & public services
  • currently 5 stars
Transport & travel

Rate Netherfield:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Netherfield (0.2 miles)
  • Carlton (0.2 miles)
  • Radcliffe (Nottinghamshire) (1.9 miles)
  • East Midlands Airport (14.0 miles)
  • Robin Hood Airport (35.5 miles)
  • Coventry Airport (44.4 miles)
  • West Lynn Ferry Landing (62.8 miles)
  • King's Lynn Ferry Landing (62.9 miles)
  • Hull Ferry Terminal (63.3 miles)

Nearby schools

View all schools in Gedling
  • Netherfield Primary School (0.3 miles)
  • St John's CofE Primary School (0.8 miles)
  • The Sacred Heart Primary Catholic Voluntary Academy (0.9 miles)
  • Unity Academy (3.8 miles)
  • Channeling Positivity (3.9 miles)
  • Nottingham University Academy of Science and Technology (4.7 miles)
  • Carlton le Willows Academy (0.9 miles)
  • Carlton Academy (1.4 miles)
  • Sherwood Academy (1.5 miles)
Note: Distances are straight line measurements

Local info for Gedling

About the neighbours in NG4

AskMe Q&A for Gedling

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Arrange Viewing

For more information about this property, please contact
Walton & Allen Lettings Ltd, NG1 on +44 115 774 1342 * (local rate)

Monthly running costs Beta

£696 Monthly total

Mortgage

Purchase price
Deposit (10%) 13,000
Repayment term 25
Interest rate 1.5
Your payment £467 /mo How Much Could I Borrow

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.

Home Insurance

Rebuild value up to £100,000 Contents value up to £80,000 Average insurance cost £7/mo (£82/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £24 Electricity £30 Estimated energy cost £54/mo

Similar properties could save up to £216

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7700 kWh/year
Electricity: 2300 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Gedling

Estimated tax band B Council tax cost £139 /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 £16 Sewerage £13 Estimated water cost £29 /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 Walton & Allen Lettings Ltd 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 Walton & Allen Lettings Ltd, and do not constitute property particulars. Please contact Walton & Allen Lettings Ltd 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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