Let Terraced

74 SPALDING ROAD

NOTTINGHAM, CITY OF NOTTINGHAM NG3 2AZ

2 beds 1 baths 66 m² Listed 17 Jun 2024 (-763d)

£975 pcm

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# 2 bedroom terraced house for rent (NG3 2AZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 74 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM NG3 2AZ |
| Price | £975 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £92,000 Jan 2017 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 02/01/2030
- **Est. upgrade cost to C:** £19,950

### Recommendations
- B4 (£300 - £600)
- Q (£4,000 - £14,000)
- W1 (£800 - £1,200)
- 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/8950-6129-5840-1397-7202)

## Description

**AVAILABLE JULY** *ZERO DEPOSIT SCHEME AVAILABLE**

New to the market, Mid- Terrace, Two Bedrooms, Offered Unfurnished. Very close proximity to Nottingham City Centre.

New to the market is a large mid- terrace, two bedroom property offered on an unfurnished basis.

In brief the property consists of:

A large reception room leading on to a fully fitted kitchen.

To the rear of the property you will find a three piece bathroom.

The rear of the property also has access to a large enclosed rear garden.

On the first floor you will find two large double bedrooms.

There is ample on street parking on Spalding Road and has great transport links in to Nottingham City Centre.

Council tax band - A

12 month tenancy required

Please call Frank Innes Nottingham to view!! Council Tax Band:  Holding Deposit: £225.00

## Property Photos

- ![Photo](/listings/photos/149259866/1266950)
- ![Photo](/listings/photos/149259866/1266954)
- ![Photo](/listings/photos/149259866/1266958)
- ![Photo](/listings/photos/149259866/1266960)
- ![Photo](/listings/photos/149259866/1266962)
- ![Photo](/listings/photos/149259866/1266964)

## EPC Graphs

- ![Safety Inspection](/listings/photos/149259866/1266965) - Safety Inspection

## 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 | 0.29 miles | OpenRent |
| 2 Bed Flat, William Bancroft Buildings, NG3 | £1,250/mo | 2 | 0.33 miles | OpenRent |

**Average rent: £1,250/mo (2 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,250/mo).*

- **Gross yield:** 1538.5%
- **Monthly cashflow:** £1,096/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4652.1%

*Gross yield = annual rent as % of price (no costs). 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:** £15/m²

## 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)

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Property details

Floor area

66 m²

EPC rating

Deprivation

Decile 2 (4,139 of 33,755)

Street crime

1221 incidents within 1 mile (May 2026)

Key features

Available July
Zero Deposit Scheme Available
Offered Unfurnished
Two Double Bedrooms
Large Reception Room
Enclosed Rear Garden
Walking Distance To Nottingam City Centre
Great Transport Links To City Centre
Call Now to View!
Council tax band - A

Additional details

Garden: Yes

Description

AVAILABLE JULY *ZERO DEPOSIT SCHEME AVAILABLE**

New to the market, Mid- Terrace, Two Bedrooms, Offered Unfurnished. Very close proximity to Nottingham City Centre.

New to the market is a large mid- terrace, two bedroom property offered on an unfurnished basis.

In brief the property consists of:

A large reception room leading on to a fully fitted kitchen.
To the rear of the property you will find a three piece bathroom.
The rear of the property also has access to a large enclosed rear garden.
On the first floor you will find two large double bedrooms.

There is ample on street parking on Spalding Road and has great transport links in to Nottingham City Centre.

Council tax band - A
12 month tenancy required

Please call Frank Innes Nottingham to view!! Council Tax Band: Holding Deposit: £225.00

Listed by

Nottingham

Countrywide UK Lettings - Connells

Reference: 149259866

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 03/01/2020

Expiry date: 02/01/2030

Est. upgrade cost to C: £19,950

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

Recommendations

Party wall insulation (£300 - £600)
50 mm internal or external wall insulation (£4,000 - £14,000)
Floor insulation (suspended floor) (£800 - £1,200)
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

Safety Inspection

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	Super Discount Store	0.0 miles
Shop	T9T Mobile Phone	0.1 miles
Bus stop	St Matthias Road	0.1 miles
Train station	Nottingham	0.9 miles
Hospital	Thorneywood	1.0 miles
University	Chaucer Study Space	1.1 miles
Hospital	Priory Hospital Nottingham	1.1 miles
Train station	Netherfield	2.1 miles
University	Clinical Sciences	2.7 miles

Street-level crime

Category	Count
Violence and sexual offences	429
Shoplifting	151
Criminal damage and arson	101
Public order	101
Anti-social behaviour	96
Other theft	93
Drugs	56
Vehicle crime	56
Robbery	33
Theft from the person	31
Burglary	28
Other crime	16
Bicycle theft	15
Possession of weapons	15
Total incidents	1221

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
William Booth Primary and Nursery School	Primary	0.3 miles	Good — 3 Apr 2014
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	0.29 miles	OpenRent
2 Bed Flat, William Bancroft Buildings, NG3	£1,250/mo	2	0.33 miles	OpenRent

Average rent: £1,250/mo (2 listings)