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Bentinck Road, Nottingham, Nottinghamshire, NG7 - Image 1
Bentinck Road, Nottingham, Nottinghamshire, NG7 - Image 2
Bentinck Road, Nottingham, Nottinghamshire, NG7 - Image 3
Bentinck Road, Nottingham, Nottinghamshire, NG7 - Image 4

Bentinck Road, Nottingham, Nottinghamshire, NG7

East Midlands

£1,600,000
Listed on 04/10/2023

Property Details

Bedrooms
N/A
Type
Detached house

Description

This three-storey property presents a noteworthy opportunity for investors and renovators alike, featuring a spacious ground floor retail unit accompanied by four residential flats on the upper levels. The residential access is conveniently located at the side and rear, ensuring privacy for tenants while maintaining visibility for commercial operations. Positioned strategically at the intersection of Bentinck Road and Birkin Avenue, this property is approximately 1.5 miles from Nottingham City Centre, providing easy access to local amenities and a vibrant community. Its proximity to Nottingham Trent University (0.8 miles) and the University of Nottingham (1.9 miles) opens potential for steady rental demand from students and professionals alike. The surrounding area boasts a variety of independent eateries, shops, and efficient public transport options, including robust bus services and NET Tram links. The layout includes four apartments that can be enhanced through renovations to increase their appeal in the rental market. With various options for modern updates or reconfigurations, there is significant potential to boost both occupancy rates and rental income. While current planning permissions are not active, historical permissions exist for adjacent land—suggesting future development possibilities that could further enhance value. Prospective buyers should consult with Nottingham City Council for more detailed insights into planning opportunities in the vicinity. This property also features an energy performance rating that can be improved with strategic upgrades, making it an attractive investment option for those looking to create added value through renovation efforts. Each party will be responsible for their own legal costs in this transaction, and viewing appointments are recommended to fully appreciate the investment potential this property offers.

Investment Analysis

(NG7 area)
Area Average
£229/sq ft
Avg Rent (weekly)
£430
Avg Yield
10.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NG7)

Area prices are stable by 0.0% over the last 12 months
3 year growth: 4.4%
5 year growth: 21.6%
Investment Disclaimer: Analysis based on NG7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Bentinck Road, Nottingham, Nottinghamshire, NG7
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£5,861
Based on a loan of £1,200,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE