Sold Flat

APARTMENT 9

MILLERS MEWS, 51, BASFORD ROAD, NOTTINGHAM, CITY OF NOTTINGHAM NG6 0JG

2 beds 1 baths Listed 21 Oct 2023 (-1003d)

£100,000

Guide Price

Reduced on 12 Mar 2024

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# 2 bedroom apartment for sale (NG6 0JG)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 9, MILLERS MEWS, 51, BASFORD ROAD, NOTTINGHAM, CITY OF NOTTINGHAM NG6 0JG |
| Price | £100,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £102,500 Mar 2025 |

## Description

This property offers a comfortable and convenient lifestyle with the added benefit of allocated parking. Stepping into this home via the entrance hall you are greeted with a spacious open plan lounge area perfect for relaxing and entertaining guests.

The kitchen has been thoughtfully designed boasting contemporary fittings and fixtures and is equipped with ample cabinet space.

Both bedrooms are a good size and present a peaceful retreat after a long day with plush carpeting to provide a cosy ambience.

Located on the ground floor this apartments offers the added advantage of convenience and accessibility with allocated parking ensuring easy parking for residents and visitors. This could  be ideal property to get you on the property ladder or Call the team now and arrange your viewing appointment.

We have been advised by the vendor of the following:

Lease Length: 121 years remaining

Service & Maintenance Charge: £1200 yearly

## Property Photos

- ![Photo](/listings/photos/141128024/825755)
- ![Photo](/listings/photos/141128024/825756)
- ![Photo](/listings/photos/141128024/825757)
- ![Photo](/listings/photos/141128024/825758)
- ![Photo](/listings/photos/141128024/825759)
- ![Photo](/listings/photos/141128024/825760)
- ![Photo](/listings/photos/141128024/825761)
- ![Photo](/listings/photos/141128024/825762)

## Floorplans

- ![Floorplan 1](/listings/photos/141128024/825763) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/141128024/825764) - EPC 1

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #12644736
- **Address:** 55 Basford Road, NOTTINGHAM, NG6 0JG
- **Certificate Issued:** 13/11/2017
- **Work Completed:** 19/09/2017
- **Items:** 1 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| MILLERS MEWS, 51 APARTMENT 9 BASFORD ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG6 0JG | £102,500 | 07/03/2025 | Flat |
| MILLERS MEWS, 51 APARTMENT 9 BASFORD ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG6 0JG | £93,000 | 28/08/2019 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 198 BASFORD ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG6 0JL | £165,000 | 11/10/2023 | Flat |
| 5 HENSONS ROW, NOTTINGHAM, CITY OF NOTTINGHAM, NG6 0JE | £90,000 | 29/09/2023 | Flat |
| [Same street] MILLERS MEWS, 51 APARTMENT 7 BASFORD ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG6 0JG | £102,000 | 14/03/2022 | Flat |
| [Same street] 77 BASFORD ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG6 0JG | £133,000 | 27/07/2021 | Semi-detached |

**Street average:** £117,500 (2 sales)
**Area average:** £127,500 (2 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £81,250 (2 Flat, NG6, 2024–2026)
- **Deviation:** +23.1%

## 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 Terraced House, Field Maple Drive, NG7 | £975/mo | 2 | 0.75 miles | OpenRent |

**Average rent: £975/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.98% (okay)
- **Max investor price (0.8%):** £121,875
- **Target investor price (1%):** £97,500

*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 £975/mo).*

- **Gross yield:** 11.7%
- **Cost-to-rent:** 8.5×
- **Monthly cashflow:** £459/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).*

## House Price Index (HM Land Registry)

*Official index for City of Nottingham; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -4.3%
- **5y growth (index):** 4.3%
- **10y growth (index):** 42.8%

## 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)

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Property details

Tenure

LEASEHOLD

Council tax band

Last sold

£102,500 Mar 2025

Local average

£81,250 (+23.1%)

Deprivation

Decile 2 (5,573 of 33,755)

Street crime

470 incidents within 1 mile (May 2026)

Key features

TWO BEDROOMS
MODERN APARTMENT
GROUND FLOOR
SECURE ALLOCATED PARKING
CLOSE TO AMENITIES & TRANSPORT LINKS
OPEN PLAN LOUNGE/ KITCHEN
PERFECT FIRST TIME PURCHASE
IDEAL INVESTMENT

Additional details

Parking: Yes

Description

GUIDE PRICE £100,000-£110,000 Introducing a modern two bedroom ground floor apartment in the sought after area of Basford, with well connected regular transport links and also a host to a wealth of shops, cafes and recreational facilities.

This property offers a comfortable and convenient lifestyle with the added benefit of allocated parking. Stepping into this home via the entrance hall you are greeted with a spacious open plan lounge area perfect for relaxing and entertaining guests.

The kitchen has been thoughtfully designed boasting contemporary fittings and fixtures and is equipped with ample cabinet space.

Both bedrooms are a good size and present a peaceful retreat after a long day with plush carpeting to provide a cosy ambience.

Located on the ground floor this apartments offers the added advantage of convenience and accessibility with allocated parking ensuring easy parking for residents and visitors. This could be ideal property to get you on the property ladder or Call the team now and arrange your viewing appointment.

We have been advised by the vendor of the following:
Lease Length: 121 years remaining
Service & Maintenance Charge: £1200 yearly

Listed by

Nottingham

Spicerhaart

Reference: 141128024

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EPC 1

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #12644736

Property Details

Street: 55 Basford Road

Town: NOTTINGHAM

Postcode: NG6 0JG

Installation Details

Items: 1 door

Certificate Issued: 13/11/2017

Work Completed: 19/09/2017

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

10% since 2019

Event	Date	Price	% change
Sold	07/03/2025 (1 year ago)	£102,500	+10.2%
Sold	28/08/2019 (6 years ago)	£93,000	—

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
198 BASFORD ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG6 0JL	£165,000	11/10/2023	Flat
5 HENSONS ROW, NOTTINGHAM, CITY OF NOTTINGHAM, NG6 0JE	£90,000	29/09/2023	Flat
Same street MILLERS MEWS, 51 APARTMENT 7 BASFORD ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG6 0JG	£102,000	14/03/2022	Flat
Same street 77 BASFORD ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG6 0JG	£133,000	27/07/2021	Semi-detached

Street average: £117,500 (2 sales)

Area average: £127,500 (2 sales)

Capital growth trend

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

1y (index) -4.3%

5y (index) 4.3%

10y (index) 42.8%

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 NG6 0JG

Address

55 Basford Road

Nearby

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

Type	Name	Distance
Shop	Lifestyle Express	0.1 miles
Bus stop	Basford Road	0.1 miles
Shop	Gosal Motors Ltd	0.2 miles
Hospital	Highbury Hospital	1.0 miles
Train station	Bulwell	1.5 miles
University	Chaucer Study Space	1.9 miles
Hospital	Unknown	2.2 miles
Train station	Nottingham	2.7 miles
University	Nottingham Trent University Vision University Centre	9.8 miles

Street-level crime

Category	Count
Violence and sexual offences	197
Criminal damage and arson	51
Public order	39
Shoplifting	32
Other theft	29
Vehicle crime	26
Anti-social behaviour	23
Burglary	15
Drugs	15
Other crime	15
Robbery	10
Possession of weapons	9
Theft from the person	5
Bicycle theft	4
Total incidents	470

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
Whitemoor Academy (Primary and Nursery)	Primary	0.2 miles	Good — 16 Jan 2023
Old Basford School	Primary	0.3 miles	Good — 21 Jan 2024
Ellis Guilford School	Secondary	0.3 miles	Good — 1 Aug 2023
Heathfield Primary and Nursery School	Primary	0.4 miles	Good — 21 Jan 2024
Green Crescent School	Other	0.5 miles	Good — 21 Sep 2022

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 Terraced House, Field Maple Drive, NG7	£975/mo	2	0.75 miles	OpenRent

Average rent: £975/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.98%

Max investor price (0.8%) £121,875

Target investor price (1%) £97,500

Gross yield 11.7%

Cost-to-rent ratio 8.5×

Monthly cashflow £459/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 19%

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).