Let Terraced

64 SPALDING ROAD

NOTTINGHAM, CITY OF NOTTINGHAM NG3 2AZ

2 beds 1 baths 710 sq ft Listed 7 Sep 2022 (-1412d)

£550 pcm

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Property details

Floor area

66 m²

EPC rating

E

Year built

England and Wales: 1900-1929

Last sold

£63,000 Feb 2010

Price per m²

£8/m²

Local average

£183,904 (-99.7%)

Deprivation

Decile 2 (4,139 of 33,755)

Street crime

1221 incidents within 1 mile (May 2026)

Key features

  • Perfect for a small family

Additional details

Heating
Double glazing, Gas central
Parking
On street
Garden
Enclosed garden

Description

Close to City Centre Spalding Road Carlton 2 bed 1 reception room large kitchen bathroom toilet garden, Newley decorated and carpeted. Parking. Close to bus stops, shops and all local amenities. Quiet area double glazed central heated. Deposit £550 Rent £550 must be working minimum 6 months NO Benefits will be accepted. PLEASE CALL BETWEEN 9AM - 4PM MONDAY TO FRIDAY OR EMAIL

Listed by

Nottingham

Sarah Bath Ltd

Reference: 126801152

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: B

Inspection date: 20/03/2020

Expiry date: 19/03/2030

Est. upgrade cost to C: £31,715

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Low energy lighting for all fixed outlets (£15)
  • Hot water cylinder thermostat (£200 - £400)
  • Upgrade heating controls (£350 - £450)
  • Replace boiler with new condensing boiler (£2,200 - £3,000)
  • Solar water heating (£4,000 - £6,000)
  • Replace single glazed windows with low-E double glazing (£3,300 - £6,500)
  • 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)

Price history

Event Date Price % change
Sold 12/02/2010 (16 years ago) £63,000

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
8 WORKSOP ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BA £145,000 28/11/2025 Terraced
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
156 CARLTON ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BB £148,000 15/12/2022 Terraced
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
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

Area average: £134,504 (20 sales)

Capital growth trend

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

5y growth 43.9%
10y growth 57.5%

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

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)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 227.27%
Max investor price (0.8%) £156,250
Target investor price (1%) £125,000
Gross yield 2727.3%
Monthly cashflow £1,098/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 8259.6%
  • 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).
  • 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).