# 2 bedroom terraced house for sale (NG3 2AZ) ## Property Details | Key | Value | |-----|-------| | Address | 10 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM NG3 2AZ | | Price | £175,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | A | | Last sold | £120,000 Dec 2019 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** B - **Expiry date:** 23/07/2029 ### Recommendations - Q (14,000) - W2 (6,000) - I (3,000) - N (6,000) - U (5,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0367-2854-7834-9721-1665) ## Description The Property No Upward Chain! This well-appointed and deceptively spacious two / three-bedroom terraced home offers versatile living across three floors, making it an excellent opportunity for first-time buyers, young families, or buy-to-let investors. Situated in a convenient and sought-after Nottingham location, the property is ideally positioned for access to local amenities, schools, parks, and public transport links, as well as Nottingham city centre. Upon entering the home, you are welcomed into a comfortable lounge, featuring a homely and inviting atmosphere—perfect for everyday relaxation or entertaining guests. To the rear, the fitted kitchen provides practical workspace, cabinetry for storage, and direct access to the rear garden, making it ideal for home cooking and outdoor dining in warmer months. Completing the ground floor is a well-appointed bathroom with a modern suite. The first floor offers two well-proportioned bedrooms, each providing flexibility for use as sleeping space, a home office, or guest room. The second floor boasts a generous attic room, offering valuable additional space that can be utilised as a third bedroom, hobby room, or study—an excellent feature for buyers seeking adaptable accommodation. Externally, the property enjoys a private garden area, offering a peaceful outdoor retreat suitable for leisure, gardening, or family enjoyment. Nestled in a popular residential area, the home benefits from excellent transport links and proximity to Nottingham’s shops, restaurants, leisure facilities, and green spaces. Whether you are looking for your first home, a practical family residence, or an appealing rental investment, this property delivers both comfort and convenience in equal measure. Property Description DisclaimerThis is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks. ## Property Photos - ![Photo](/listings/photos/171489662/1266904) - ![Photo](/listings/photos/171489662/1266906) - ![Photo](/listings/photos/171489662/1266907) - ![Photo](/listings/photos/171489662/1266908) - ![Photo](/listings/photos/171489662/1266909) - ![Photo](/listings/photos/171489662/1266910) - ![Photo](/listings/photos/171489662/1266912) - ![Photo](/listings/photos/171489662/1266913) - ![Photo](/listings/photos/171489662/1266914) - ![Photo](/listings/photos/171489662/1266915) - ![Photo](/listings/photos/171489662/1266916) - ![Photo](/listings/photos/171489662/1266917) - ![Photo](/listings/photos/171489662/1266919) - ![Photo](/listings/photos/171489662/1266921) ## Floorplans - ![Floorplan 1](/listings/photos/171489662/1266923) - Floorplan 1 ## EPC Graphs - ![epc](/listings/photos/171489662/1266927) - epc ## FENSA Certificates This property has 2 FENSA certificate(s) on record. ### FENSA Certificate #6925930 - **Address:** 10 Spalding Road, NOTTINGHAM, NG3 2AZ - **Certificate Issued:** 09/11/2009 - **Work Completed:** 31/08/2009 - **Items:** 1 window(s) ### FENSA Certificate #2404349 - **Address:** 10 Spalding Road, NOTTINGHAM, NG3 2AZ - **Certificate Issued:** 17/01/2005 - **Work Completed:** 19/12/2004 - **Items:** 3 window(s), 1 door(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 10 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AZ | £120,000 | 13/12/2019 | 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:** -4.8% ## 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:** 0.71% (weak for cashflow) - **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:** 8.6% - **Cost-to-rent:** 11.7× - **Monthly cashflow:** £411/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 9.7% *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:** £2,734/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 36% - **10y growth:** 69.5% ## 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)