# 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

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.

## 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)