Let House

Watkin Street

Nottingham, NG3, NG3 1DL

4 beds 1 baths Listed 30 Jul 2025 (-355d)

£1,733 pcm

Fixed Price

Save

# 4 bedroom house for rent (NG3 1DL)

## Property Details

| Key | Value |
|-----|-------|
| Address | Watkin Street, Nottingham, NG3, NG3 1DL |
| Price | £1,733 pcm |
| Bedrooms | 4 |
| Bathrooms | 1 |
| Last sold | £140,000 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 05/11/2029
- **Est. upgrade cost to C:** £19,900

### Recommendations
- Q (£4,000 - £14,000)
- W1 (£800 - £1,200)
- G (£350 - £450)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8501-6929-5829-2046-8902)

## Description

This property is listed by Hybr: The #1 rental platform for students in the UK. By enquiring on this property, you consent to Hybr managing your enquiry and passing on your information to the landlord or agent that manages this property.

## Property Photos

- ![A bright and tidy double bedroom featuring a co...](/listings/photos/165136184/1247592) - A bright and tidy double bedroom featuring a co...
- ![Bright and inviting living room with ample natu...](/listings/photos/165136184/1247593) - Bright and inviting living room with ample natu...
- ![Bright and clean bathroom featuring a full-size...](/listings/photos/165136184/1247594) - Bright and clean bathroom featuring a full-size...
- ![Bright and clean kitchen featuring modern appli...](/listings/photos/165136184/1247596) - Bright and clean kitchen featuring modern appli...
- ![A bright double bedroom featuring a neatly made...](/listings/photos/165136184/1247597) - A bright double bedroom featuring a neatly made...
- ![Bright and cozy attic bedroom featuring a skyli...](/listings/photos/165136184/1247598) - Bright and cozy attic bedroom featuring a skyli...
- ![A neat and bright single bedroom featuring a co...](/listings/photos/165136184/1247599) - A neat and bright single bedroom featuring a co...

## Floorplans

- ![Floorplan 1](/listings/photos/165136184/1247600) - Floorplan 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 45 WATKIN STREET, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 1DL | £140,000 | 23/03/2004 | Terraced |
| 45 WATKIN STREET, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 1DL | £105,000 | 22/03/2004 | Terraced |
| 45 WATKIN STREET, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 1DL | £101,500 | 11/03/2003 | 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 |
|---------|-------|------|------|
| [Same street] 43 WATKIN STREET, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 1DL | £93,000 | 24/08/2021 | Terraced |

**Street average:** £93,000 (1 sale)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £2,095,780 (3 Other, NG3, 2024–2026)
- **Deviation:** -99.9%

## 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):** £967/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 |
|------|------|------|------|------|
| 4 Bed Terraced House, Woodborough Road, NG3 | £2,340/mo | 4 | 0.06 miles | OpenRent |

**Average rent: £2,340/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 135.03% (strong)
- **Max investor price (0.8%):** £292,500
- **Target investor price (1%):** £234,000

*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 £2,340/mo).*

- **Gross yield:** 1620.3%
- **Cost-to-rent:** 0.1×
- **Monthly cashflow:** £2,074/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4952.6%

*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).*

## Price per Square Metre

- **£/m²:** £16/m²

## House Price Index (HM Land Registry)

*Official index for City of Nottingham; All dwelling types series; as of April 2026.*

- **1y growth (index):** 0.4%
- **5y growth (index):** 17.5%
- **10y growth (index):** 62.6%

## 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)

A bright and tidy double bedroom featuring a co... Bright and inviting living room with ample natu... Bright and clean bathroom featuring a full-size... Bright and clean kitchen featuring modern appli... A bright double bedroom featuring a neatly made... Bright and cozy attic bedroom featuring a skyli... A neat and bright single bedroom featuring a co...

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Property details

EPC rating

Last sold

£140,000

Price per m²

£16/m²

Local average

£2,095,780 (-99.9%)

Deprivation

Decile 3 (7,029 of 33,755)

Street crime

1583 incidents within 1 mile (May 2026)

Key features

Bath
Fitted wardrobe
Curtains
Double Glazing
Double bed
Single bed
Desk and chair
Radiator
Washing machine

Description

Spacious 4-bedroom, 2-bath student house close to the university city campus. The property features good-sized bedrooms, two modern bathrooms, and a spacious lounge ideal for relaxing with housemates. The fully equipped kitchen offers plenty of space for cooking. All bills are included.
This property is listed by Hybr: The #1 rental platform for students in the UK. By enquiring on this property, you consent to Hybr managing your enquiry and passing on your information to the landlord or agent that manages this property.

Listed by

National

Hybr Ltd

Reference: 165136184

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 06/11/2019

Expiry date: 05/11/2029

Est. upgrade cost to C: £19,900

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

50 mm internal or external wall insulation (£4,000 - £14,000)
Floor insulation (suspended floor) (£800 - £1,200)
Upgrade heating controls (£350 - £450)
Solar water heating (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Price history

38% since 2003

Event	Date	Price	% change
Sold	23/03/2004 (22 years ago)	£140,000	+33.3%
Sold	22/03/2004 (22 years ago)	£105,000	+3.4%
Sold	11/03/2003 (23 years ago)	£101,500	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
Same street 43 WATKIN STREET, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 1DL	£93,000	24/08/2021	Terraced

Street average: £93,000 (1 sale)

Capital growth trend

House Price Index (HM Land Registry — official index, not sold-price averages): City of Nottingham. Series: All dwelling types. As of April 2026.

1y (index) 0.4%

5y (index) 17.5%

10y (index) 62.6%

Rental Range

Estimated market rent for Nottingham. Low = conservative, Realistic = average, Optimistic = best case.

Low £905/mo

Realistic £1,006/mo

Optimistic £1,107/mo

Based on Local Authority from postcode lookup → Nottingham.

LHA (30th percentile) floor for Nottingham: £967/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NG3 1DL

Address

45 Watkin Street

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Huntingdon Street	0.1 miles
Bus stop	Shelton Street	0.1 miles
Shop	Man Li Supermarket	0.1 miles
Shop	Unknown	0.1 miles
University	Chaucer Study Space	0.4 miles
Train station	Nottingham	0.9 miles
Hospital	Priory Hospital Nottingham	1.0 miles
Hospital	Thorneywood	1.2 miles
University	Clinical Sciences	2.3 miles
Train station	Netherfield	2.8 miles

Street-level crime

Category	Count
Violence and sexual offences	534
Shoplifting	171
Public order	137
Criminal damage and arson	136
Anti-social behaviour	126
Other theft	120
Vehicle crime	85
Drugs	77
Robbery	53
Burglary	47
Theft from the person	38
Other crime	25
Bicycle theft	17
Possession of weapons	17
Total incidents	1583

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Huntingdon Academy	Primary	0.1 miles	— (Inspected (no overall grade))
Sycamore Academy	Primary	0.3 miles	Good — 10 Dec 2014
Hollygirt School	Other	0.3 miles	— (No rating)
The Nottingham Trent University	Other	0.4 miles	— (No rating)
Sutherland House School	Other	0.4 miles	Good — 22 Nov 2017

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
4 Bed Terraced House, Woodborough Road, NG3	£2,340/mo	4	0.06 miles	OpenRent

Average rent: £2,340/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 135.03%

Max investor price (0.8%) £292,500

Target investor price (1%) £234,000

Gross yield 1620.3%

Cost-to-rent ratio 0.1×

Monthly cashflow £2,074/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 4952.6%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).