# 2 bedroom terraced house for sale (NG3 2AZ) ## Property Details | Key | Value | |-----|-------| | Address | 8 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM NG3 2AZ | | Price | £110,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Last sold | £125,000 Jul 2020 | ## Description The Property Guide Price £110,000-£120,000 **A MUST VIEW** PurpleBricks are delighted to offer this beautifully presented two double bedroom property situated very close to Nottingham City centre. This ideal first time buy/investment property consists of: Living room and large dining kitchen with French doors to garden. The first floor includes: Landing with loft access, family bathroom and two double bedrooms with the master having built in storage. The property also benefits from double glazing, gas central heating with combination boiler and enclosed low maintenance rear garden. To book a viewing instantly just visit our website or download our award-winning App. Living Room 13'0" x 11'11" UPVC double glazed window to front aspect, front door, laminate flooring, wall mounted radiator, ceiling light and built in storage cupboard/TV unit. Kitchen/Diner 16'11" x 11'11" (max) Fitted wall, base and drawer units, sink unit with mixer tap, integrated oven, hob, plumbing for washing machine, plumbing for dishwasher and space for fridge/freezer. UPVC double glazed French doord to garden, uPVC double glazed windows to rear aspect, laminate flooring, wall mounted radiator, under stairs storage, splash back tiles and two ceiling lights. Landing Original flooring, loft access and ceiling light. Bedroom One 12'1" x 10'0" UPVC double glazed window to rear aspect, wall mounted radiator, carpeted flooring, built in storage cupboard and ceiling light. Bedroom Two 13'0" x 10'11" UPVC double glazed window to front aspect, wall mounted radiator, original flooring and ceiling light. Bathroom 12'0" (max) x 4'10" Paneled bath with electric shower, wash hand basin and low level WC. Part tiled walls, laminate flooring, wall mounted radiator, extractor fan, ceiling light and storage cupboard housing the combination boiler. **Disclaimer for virtual viewings** If you choose to make an offer based solely on a virtual viewing, then Purplebricks does not accept any liability for errors in the information provided, including but not limited to, measurements, photography and video content. Should you decide to make an offer on a property, you accept that any representations made in relation to the property are based on virtual information provided by the Vendor only. Purplebricks is not responsible for this information or its accuracy. If in any doubt, you should make additional enquiries before completion. ## Property Photos - ![Front](/listings/photos/68347995/1266899) - Front - ![Living Room](/listings/photos/68347995/1266900) - Living Room - ![Kitchen](/listings/photos/68347995/1266901) - Kitchen - ![Kitchen/Diner](/listings/photos/68347995/1266902) - Kitchen/Diner - ![Living Room](/listings/photos/68347995/1266903) - Living Room - ![Kitchen/Diner](/listings/photos/68347995/1266905) - Kitchen/Diner - ![Kitchen](/listings/photos/68347995/1266911) - Kitchen - ![Kitchen/Diner](/listings/photos/68347995/1266920) - Kitchen/Diner - ![Dining Room](/listings/photos/68347995/1266926) - Dining Room - ![Bedroom One](/listings/photos/68347995/1266930) - Bedroom One - ![Bedroom One](/listings/photos/68347995/1266933) - Bedroom One - ![Bedroom Two](/listings/photos/68347995/1266936) - Bedroom Two - ![Bathroom](/listings/photos/68347995/1266939) - Bathroom - ![Garden](/listings/photos/68347995/1266942) - Garden ## Floorplans - ![Floorplan 1](/listings/photos/68347995/1266945) - Floorplan 1 ## EPC Graphs - ![epc](/listings/photos/68347995/1266948) - epc ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #3384026 - **Address:** 8 Spalding Road, NOTTINGHAM, NG3 2AZ - **Certificate Issued:** 16/01/2006 - **Work Completed:** 19/12/2005 - **Items:** 6 window(s), 1 door(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 8 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AZ | £125,000 | 06/07/2020 | Terraced | | 8 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AZ | £84,000 | 01/04/2010 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 8 WORKSOP ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BA | £145,000 | 28/11/2025 | Terraced | | [Same street] 18 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AZ | £220,000 | 06/09/2024 | Semi-detached | | 31 ST CUTHBERTS ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AX | £160,000 | 20/12/2023 | Terraced | | 1 ST CUTHBERTS ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AX | £160,000 | 01/11/2023 | Terraced | | 102 CARLTON ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AS | £100,000 | 29/09/2023 | Terraced | | 27 WORKSOP ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BA | £124,152 | 11/08/2023 | Terraced | | 6 DEVON STREET, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BE | £180,000 | 23/06/2023 | Terraced | | 34 ST CUTHBERTS ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AX | £145,000 | 20/06/2023 | Terraced | | 13 DENSTONE ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AW | £111,000 | 31/05/2023 | Terraced | | 7 WORKSOP ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BA | £101,501 | 26/05/2023 | Terraced | | 11 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AY | £165,000 | 21/04/2023 | Terraced | | 217 WINDMILL LANE, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BH | £135,000 | 29/03/2023 | Terraced | | 114 WINDMILL LANE, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BW | £170,000 | 21/12/2022 | Terraced | | [Same street] 20 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AZ | £255,000 | 19/12/2022 | Detached | | 156 CARLTON ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BB | £148,000 | 15/12/2022 | Terraced | | [Same street] 80 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AZ | £75,931 | 09/12/2022 | Terraced | | 137 WINDMILL LANE, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BH | £155,000 | 05/12/2022 | Terraced | | [Same street] 78 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AZ | £154,000 | 01/12/2022 | Terraced | | 171 WINDMILL LANE, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BH | £110,000 | 11/11/2022 | Terraced | | 24 WALTON AVENUE, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BS | £103,000 | 22/09/2022 | Terraced | | 6 ELFORD RISE, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BN | £130,000 | 02/09/2022 | Terraced | | 34 WORKSOP ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BA | £117,500 | 19/08/2022 | Terraced | | [Same street] 56 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AZ | £70,000 | 03/08/2022 | Terraced | | 9 WORKSOP ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BA | £107,000 | 25/07/2022 | Terraced | | 24 ST CUTHBERTS ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AX | £135,000 | 16/06/2022 | Terraced | | [Same street] 18 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AZ | £158,000 | 28/02/2022 | Semi-detached | | [Same street] 66 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AZ | £103,000 | 16/11/2021 | Semi-detached | **Street average:** £147,990 (7 sales) **Area average:** £135,108 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £183,904 (47 Terraced, NG3, 2024–2026) - **Deviation:** -40.2% ## Rental Range *ONS Price Index of Private Rents (Nottingham). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £905/mo - **Realistic:** £1,006/mo - **Optimistic:** £1,107/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Nottingham (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £648/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Flat, William Bancroft Buildings, NG3 | £1,250/mo | 2 | 0.34 miles | OpenRent | **Average rent: £1,250/mo (1 listing)** ## 1% Rule - **Rent ratio:** 1.14% (strong) - **Max investor price (0.8%):** £156,250 - **Target investor price (1%):** £125,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,250/mo).* - **Gross yield:** 13.6% - **Cost-to-rent:** 7.3× - **Monthly cashflow:** £667/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 25.1% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 42.7% - **10y growth:** 55.5% ## House Price Index (HM Land Registry) *Official index for City of Nottingham; Terraced series; as of April 2026.* - **1y growth (index):** 1.2% - **5y growth (index):** 20% - **10y growth (index):** 67.8% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)