Sold STC Terraced

68 SPALDING ROAD

NOTTINGHAM, CITY OF NOTTINGHAM NG3 2AZ

2 beds 1 baths 743 sq ft Listed 7 Aug 2020 (-2174d)

£120,000

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External

External Reception Room Reception Room Kitchen/Diner Kitchen/Diner Utility Bedroom One Bedroom One Bathroom Bedroom Two Photo 11

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Property details

Floor area

69 m²

EPC rating

C

Year built

England and Wales: 1900-1929

Last sold

£124,000 Oct 2020

Price per m²

£1,739/m²

Local average

£183,904 (-34.7%)

Deprivation

Decile 2 (4,139 of 33,755)

Street crime

1169 incidents within 1 mile (May 2026)

Key features

  • TERRACED HOUSE
  • TWO BEDROOMS
  • UPSTAIRS BATHROOM
  • KITCHEN/DINER
  • REAR YARD
  • NO CHAIN

Additional details

Garden
Yes

Description

* SOLD STC * VIDEO VIEWING AVAILABLE * TERRACED HOUSE with TWO BEDROOMS, reception room, KITCHEN/DINER, utility room, UPSTAIRS BATHROOM, REAR YARD * IDEAL FIRST TIME BUY * NO CHAIN *

Reception Room - 4.07 x 3.95 (13'4" x 12'11") - UPVC door and UPVC double glazed window to the front elevation, radiator, exposed brick chimney breast.

Kitchen/Diner - 3.46 x 3.09 (11'4" x 10'1") - UPVC double glazed window to the rear elevation, radiator, storage cupboard, fitted kitchen with a range of wall and base units with work surfaces over, an inset drainer sink with a mixer tap, built in oven, gas hob ad extractor hood.

Utility - 2.21 x 1.61 (7'3" x 5'3") - UPVC double glazed window to the rear elevation, UPVC double glazed door and window to the side elevation, wall mounted combi boiler.

Landing -

Bedroom One - 4.09 x 3.96 (13'5" x 12'11") - UPVC double glazed window to the front elevation, radiator, feature fireplace.

Bedroom Two - 3.46 x 2.15 (11'4" x 7'0") - UPVC double glazed window to the rear elevation, radiator, feature fireplace.

Bathroom - UPVC opaque double glazed window to the rear elevation, radiator, three piece white bathroom suite with a shower over the bath.

External - To the rear is an enclosed rear yard.

Listed by

Nottingham

Express Lettings (Nottingham) Ltd

Reference: 95801843

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 08/09/2020

Expiry date: 07/09/2030

Recommendations

  • 50 mm internal or external wall insulation (14,000)
  • Solar water heating (6,000)
  • Solar photovoltaic panels, 2.5 kWp (5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

396% since 2000

Event Date Price % change
Sold 23/10/2020 (5 years ago) £124,000 +37.8%
Sold 14/07/2017 (9 years ago) £90,000 +38.5%
Sold 10/07/2006 (20 years ago) £65,000 +160%
Sold 08/11/2000 (25 years ago) £25,000 —

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
1 ORBY WALK, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2GT £152,000 28/11/2025 Terraced
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
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
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
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: £137,958 (20 sales)

Capital growth trend

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

5y growth 44.3%
10y growth 61.8%

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
Shop T9T Mobile Phone 0.1 miles
Bus stop Randolph Street 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 407
Shoplifting 143
Public order 100
Criminal damage and arson 98
Anti-social behaviour 95
Other theft 88
Drugs 55
Vehicle crime 52
Robbery 32
Theft from the person 28
Burglary 25
Other crime 16
Bicycle theft 15
Possession of weapons 15
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 0.4 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 0.32 miles OpenRent
2 Bed Flat, William Bancroft Buildings, NG3 £1,250/mo 2 0.36 miles OpenRent

Average rent: £1,250/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.04%
Max investor price (0.8%) £156,250
Target investor price (1%) £125,000
Gross yield 12.5%
Cost-to-rent ratio 8×
Monthly cashflow £627/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 21.6%
  • 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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