# 2 bedroom terraced house for sale (NG3 2AZ) ## Property Details | Key | Value | |-----|-------| | Address | 46 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM NG3 2AZ | | Price | £129,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Last sold | £129,000 Dec 2020 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** B - **Expiry date:** 02/08/2030 - **Est. upgrade cost to C:** £19,175 ### Recommendations - A (£100 - £350) - B4 (£300 - £600) - Q (£4,000 - £14,000) - 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/8940-6428-8580-8877-6202) ## Description Home Estate Agents presents this Terraced house in a quiet residential location. Street parking. Recently new boiler. Fully double glazed. Property comprises of: Lounge, Kitchen/diner with French doors to garden. Two double bedrooms, bathroom. Close to city centre. Viewing highly recommended. 5 min walk to a variety of social activities including: Sneinton square with a variety of shop, culture and pubs. Local shops and amenities nearby Lidl, Falcon, Post Office, Church **Living Room - 11'10" (3.61m) x 12'10" (3.91m)** new double glazing to the front elevation, wall mounted radiator, TV point. Doorway leading into Kitchen/Dining Room. **Kitchen/Dining Room - 9'11" (3.02m) x 15'11" (4.85m)** Fitted with a range of wall and base units under rolled top working surfaces. Inset stainless steel sink/drainer unit with mixer taps. Complimentary tiled splashback areas and additional part wall tiling. Integrated electric oven, four ring gas hob and extractor hood over. Plumbing for washing machine, free standing fridge freezer under stairs **Dining Area** Serving counter to kitchen. Double glazed french doors to the rear leading out to rear garden. **Bedroom One - 10'0" (3.05m) x 11'4" (3.45m)** Having a double glazed window to the rear, central heating radiator and storage cupboard. **Bedroom Two - 7'8" (2.34m) x 13'4" (4.06m)** Having a double glazed window to the rear, central heating radiator and storage cupboard. **Bathroom** Three piece suite comprising: Low flush wc, pedestal wash hand basin and bath with wall mounted electric shower attachment over. Part wall tiling, wall mounted single radiator, built in airing cupboard housing hot water cylinder with shelving over. **Outside to the rear** To the rear of the property is a sheltered yet sunny and landscaped garden & gate to rear communal access. **Notice** Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only. ## Property Photos - ![Photo](/listings/photos/96023060/1266857) - ![Photo](/listings/photos/96023060/1266859) - ![Photo](/listings/photos/96023060/1266861) - ![Photo](/listings/photos/96023060/1266864) - ![Photo](/listings/photos/96023060/1266866) - ![Photo](/listings/photos/96023060/1266867) - ![Photo](/listings/photos/96023060/1266870) - ![Photo](/listings/photos/96023060/1266872) - ![Photo](/listings/photos/96023060/1266876) - ![Photo](/listings/photos/96023060/1266879) - ![Photo](/listings/photos/96023060/1266883) - ![Photo](/listings/photos/96023060/1266886) - ![Photo](/listings/photos/96023060/1266889) - ![Photo](/listings/photos/96023060/1266891) - ![Photo](/listings/photos/96023060/1266893) ## Floorplans - ![Floorplan 1](/listings/photos/96023060/1266895) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/96023060/1266897) - EPC 1 - ![EPC 2](/listings/photos/96023060/1266898) - EPC 2 ## FENSA Certificates This property has 4 FENSA certificate(s) on record. ### FENSA Certificate #5468748 - **Address:** 46 Spalding Road, NOTTINGHAM, NG3 2AZ - **Certificate Issued:** 25/02/2008 - **Work Completed:** 16/01/2008 - **Items:** 1 door(s) ### FENSA Certificate #3663258 - **Address:** 46 Spalding Road, NOTTINGHAM, NG3 2AZ - **Certificate Issued:** 18/04/2006 - **Work Completed:** 13/03/2006 - **Items:** 1 door(s) ### FENSA Certificate #2410854 - **Address:** 46 Spalding Road, NOTTINGHAM, NG3 2AZ - **Certificate Issued:** 31/01/2005 - **Work Completed:** 22/12/2004 - **Items:** 2 window(s), 1 door(s) ### FENSA Certificate #14050322 - **Address:** 46 Spalding Road, NOTTINGHAM, NG3 2AZ - **Certificate Issued:** 29/03/2020 - **Work Completed:** 23/03/2020 - **Items:** 3 window(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 46 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AZ | £129,000 | 18/12/2020 | Terraced | | 46 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AZ | £99,000 | 17/11/2017 | Terraced | | 46 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AZ | £90,500 | 10/08/2011 | 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:** -29.9% ## 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):** £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 | 0.3 miles | OpenRent | | 2 Bed Flat, William Bancroft Buildings, NG3 | £1,250/mo | 2 | 0.34 miles | OpenRent | **Average rent: £1,250/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.97% (okay) - **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:** 11.6% - **Cost-to-rent:** 8.6× - **Monthly cashflow:** £592/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 19% *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:** £2,263/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 44.3% - **10y growth:** 61.8% ## 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)