Sold STC Terraced

78 SPALDING ROAD

NOTTINGHAM, CITY OF NOTTINGHAM NG3 2AZ

2 beds 1 baths 76 m² Listed 31 Jul 2022 (-1450d)

£150,000

Offers in Excess of

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KITCHEN

KITCHEN LOUNGE LOUNGE DINING ROOM DINING ROOM BEDROOM ONE BATHROOM BEDROOM TWO REAR GARDEN

/ 9

Property details

Tenure

FREEHOLD

Floor area

76 m²

EPC rating

E

Last sold

£154,000 Dec 2022

Price per m²

£1,974/m²

Local average

£183,904 (-18.4%)

Deprivation

Decile 2 (4,139 of 33,755)

Street crime

1169 incidents within 1 mile (May 2026)

Key features

  • TWO BEDROOM PROPERTY
  • CALL TODAY TO ARRANGE A VIEWING
  • CLOSE TO NOTTINGHAM CITY CENTRE
  • IDEAL FIRST TIME BUYERS PROPERTY
  • IDEAL BUY TO LET

Additional details

Garden
Yes

Description

We are pleased to announce a two-bedroom property coming to the market for sale, offered with no upward. The property will be ideal for a first time buyer or an investment landlord. Call today register your details in preparation for an internal viewing.

Front Elevation -

Lounge - 3.9 x 4.1 max (12'9" x 13'5" max) -

Dining Room - 3.4 x 4.1 max (11'1" x 13'5" max) -

Kitchen - 3.3 x 2.2 (10'9" x 7'2") -

Bedroom One - 4 x 4.1 (13'1" x 13'5") -

Bedroom Two - 2.4 x 3.1 (7'10" x 10'2" ) -

Bathroom - 3.3x 3.2 (10'9"x 10'5" ) -

Rear Garden -

Listed by

Leicester

Reliance Properties Ltd

Reference: 125555846

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: C

Inspection date: 28/07/2020

Expiry date: 27/07/2030

Est. upgrade cost to C: £26,823

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Add additional 80 mm jacket to hot water cylinder (£15 - £30)
  • Hot water cylinder thermostat (£200 - £400)
  • Upgrade heating controls (£350 - £450)
  • Replace boiler with new condensing boiler (£2,200 - £3,000)
  • 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)

EPC Graphs

EE Rating

EE Rating

EI Rating

EI Rating

Price history

82% since 2015

Event Date Price % change
Sold 01/12/2022 (3 years ago) £154,000 +82.2%
Sold 10/06/2015 (11 years ago) £84,500 —

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
8 WORKSOP ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BA £145,000 28/11/2025 Terraced
1 ORBY WALK, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2GT £152,000 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
11 LEIGHTON STREET, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2FT £147,000 09/12/2022 Terraced
137 WINDMILL LANE, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BH £155,000 05/12/2022 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
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: £146,989 (6 sales)

Area average: £137,958 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 43.9%
10y growth 57.5%

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

1y (index) 1.2%
5y (index) 20%
10y (index) 67.8%

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: £648/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NG3 2AZ

Nearby

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

Type Name Distance
Shop Exotic Booze 0.1 miles
Bus stop Randolph Street 0.1 miles
Shop T9T Mobile Phone 0.1 miles
Bus stop St Matthias Road 0.1 miles
Hospital Thorneywood 0.9 miles
Train station Nottingham 0.9 miles
Hospital Priory Hospital Nottingham 1.0 miles
University Chaucer Study Space 1.1 miles
Train station Netherfield 2.1 miles
University Clinical Sciences 2.7 miles

Street-level crime

Category Count
Violence and sexual offences 410
Shoplifting 143
Public order 100
Criminal damage and arson 98
Anti-social behaviour 95
Other theft 87
Drugs 54
Vehicle crime 53
Robbery 32
Theft from the person 28
Burglary 25
Other crime 16
Bicycle theft 15
Possession of weapons 13
Total incidents 1169

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
Sneinton St Stephen's CofE Primary School Primary 0.2 miles Outstanding — 10 Mar 2024
Rosehill School Other 0.3 miles Outstanding — 18 Apr 2013
Edale Rise Primary & Nursery School Primary 0.3 miles Good — 30 Jul 2023
Blue Bell Hill Primary and Nursery School Primary 0.3 miles Good — 23 Jun 2015
Windmill L.E.A.D. Academy Primary 0.4 miles Good — 4 Feb 2015

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 0.33 miles OpenRent
2 Bed Flat, William Bancroft Buildings, NG3 £1,250/mo 2 0.37 miles OpenRent

Average rent: £1,250/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.83%
Max investor price (0.8%) £156,250
Target investor price (1%) £125,000
Gross yield 10%
Cost-to-rent ratio 10×
Monthly cashflow £509/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 14%
  • 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).
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