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

## Property Details

| Key | Value |
|-----|-------|
| Address | 68 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM NG3 2AZ |
| Price | £120,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 69 m² |
| Last sold | £124,000 Oct 2020 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 07/09/2030

### Recommendations
- Q (14,000)
- N (6,000)
- U (5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8020-6521-6850-7988-6206)

## 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.

## Property Photos

- ![External](/listings/photos/95801843/1266871) - External
- ![Reception Room](/listings/photos/95801843/1266873) - Reception Room
- ![Reception Room](/listings/photos/95801843/1266875) - Reception Room
- ![Kitchen/Diner](/listings/photos/95801843/1266878) - Kitchen/Diner
- ![Kitchen/Diner](/listings/photos/95801843/1266881) - Kitchen/Diner
- ![Utility](/listings/photos/95801843/1266884) - Utility
- ![Bedroom One](/listings/photos/95801843/1266887) - Bedroom One
- ![Bedroom One](/listings/photos/95801843/1266890) - Bedroom One
- ![Bathroom](/listings/photos/95801843/1266892) - Bathroom
- ![Bedroom Two](/listings/photos/95801843/1266894) - Bedroom Two
- ![Photo](/listings/photos/95801843/1266896)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 68 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AZ | £124,000 | 23/10/2020 | Terraced |
| 68 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AZ | £90,000 | 14/07/2017 | Terraced |
| 68 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AZ | £65,000 | 10/07/2006 | Terraced |
| 68 SPALDING ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2AZ | £25,000 | 08/11/2000 | 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 |
|---------|-------|------|------|
| 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)

## Price vs local average

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

- **Local average:** £183,904 (47 Terraced, NG3, 2024–2026)
- **Deviation:** -34.7%

## 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 | 0.36 miles | OpenRent |

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

## 1% Rule

- **Rent ratio:** 1.04% (strong)
- **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:** 12.5%
- **Cost-to-rent:** 8×
- **Monthly cashflow:** £627/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 21.6%

*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:** £1,739/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)