Sold STC Terraced

16 SPALDING ROAD

NOTTINGHAM, CITY OF NOTTINGHAM NG3 2AZ

3 beds 63 m² Listed 24 Jul 2017 (-3283d)

£90,000

Offers in Region of

Reduced on 16 May 2017

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Property details

Floor area

63 m²

EPC rating

D

Last sold

£85,000 Jan 2018

Price per m²

£1,429/m²

Local average

£183,904 (-51.1%)

Deprivation

Decile 2 (4,139 of 33,755)

Street crime

1299 incidents within 1 mile (May 2026)

Key features

  • EPC Rating D
  • Mid-Terrace
  • Three Bedrooms
  • Two Reception Rooms
  • Loft Space
  • No Chain

Additional details

Garden
Yes

Description

This mid-terrace property offers three bedrooms, two receptions rooms and enclose rear garden. For more information and to arrange your viewing contact the City Team now.

Entrance:
Enter the property through the front upvc double glazed door into lounge.

Lounge: 13'4 max x 11'8 max (3.99m max x 3.59m max)
With upvc double glazed window to the front aspect, ceiling light, power points, radiator and access to the dining room.

Dining Room: 13'5 max x 10'2 max (4.11m max x 3.10m max)
With ceiling light, power points, radiator, access to the kitchen, glazed door giving access to the rear garden and stairs providing access to the first floor.

Kitchen: 7'7 max x 6'3 max (2.34m max x 1.92m max)
With glazed windows to the side and rear aspects, a range of wall and base units with rolled edge work-faces over and tiled splash-backs, stainless steel sink with tap over, space and plumbing for automatic washing machine, space and connection for gas cooker.

Landing:
With ceiling light and access to first floor accommodation.

Bedroom 1: 11'8 max x 9'9 max (3.59m max x 3.01m max)
With upvc double glazed window to the front elevation, ceiling light, power points and radiator.

Bedroom 2: 7'7 max x 7'3 max (2.34m max x 2.22m max)
With upvc double glazed window to the rear elevation, ceiling light, power points, radiator and storage cupboard.

Bedroom 3: 11'9 max x 5'1 max (3.62m max x 1.55m max)
With upvc double glazed window to the front elevation, ceiling light, power points, radiator and access to the loft.
The loft has a window to the rear elevation, power and lighting.

Bathroom: 10'10 max x 4'3 max (3.07m max 1.31m max)
With glazed window tot he rear elevation, a three piece bathroom suite comprising panelled bath with shower over, W.C and pedestal wash hand basin. Tiled slash-backs, wall mounted boiler, tiled flooring, radiator and ceiling lights.

Outside:
The rear offers an enclosed patio area with secure gated access to the front.



Directions
Leaving the branch on Upper Parliament St, Nottingham NG1 2BX, UK
Head east on Upper Parliament St/A6008 toward Milton St,
Continue to follow A6008,
Continue onto King Edward St/A60,
Turn right onto Huntingdon St/A60,
Continue to follow Huntingdon St,
Continue onto Lower Parliament St/A6008,
Turn left onto Southwell Rd/A612,
Continue to follow Southwell Rd,
Continue onto Carlton Rd/B686,
Turn right onto Worksop Rd,
Turn onto Spalding Rd, Nottingham NG3 2AZ, UK

Listed by

Central Nottingham

Nottingham Property Services

Reference: 67870268

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 28/02/2014

Expiry date: 27/02/2024 (expired)

Current heating cost: £744/year

Potential heating cost: £427/year

Est. upgrade cost to C: £28,150

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Floor insulation (£800 - £1,200)
  • Upgrade heating controls (£350 - £450)
  • Replace boiler with new condensing boiler (£2,200 - £3,000)
  • Flue gas heat recovery in conjunction with boiler (£900)
  • Solar photovoltaic panels, 2.5 kWp (£9,000 - £14,000)
  • Wind turbine (£1,500 - £4,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

Floorplan 2

Floorplan 2

Price history

Event Date Price % change
Sold 29/01/2018 (8 years ago) £85,000 —

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
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
26 WINDMILL LANE, NOTTINGHAM, CITY OF NOTTINGHAM, NG2 4QB £175,000 23/11/2023 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
20 LORD STREET, NOTTINGHAM, CITY OF NOTTINGHAM, NG2 4QE £175,000 03/08/2023 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
3 HAROLD STREET, SNEINTON, NOTTINGHAM, CITY OF NOTTINGHAM, NG2 4QJ £161,000 23/01/2023 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
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
24 LORD STREET, NOTTINGHAM, CITY OF NOTTINGHAM, NG2 4QE £200,000 29/11/2022 Terraced
171 WINDMILL LANE, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 2BH £110,000 11/11/2022 Terraced
32 WINDMILL LANE, NOTTINGHAM, CITY OF NOTTINGHAM, NG2 4QB £194,000 07/10/2022 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: £150,733 (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: £748/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 0.1 miles
Bus stop St Chads Road 0.1 miles
Bus stop St Matthias Road 0.1 miles
Shop T9T Mobile Phone 0.1 miles
Train station Nottingham 0.8 miles
University Chaucer Study Space 1.0 miles
Hospital Thorneywood 1.0 miles
Hospital Priory Hospital Nottingham 1.1 miles
Train station Netherfield 2.2 miles
University Clinical Sciences 2.8 miles

Street-level crime

Category Count
Violence and sexual offences 454
Shoplifting 157
Criminal damage and arson 110
Public order 108
Other theft 103
Anti-social behaviour 101
Vehicle crime 63
Drugs 60
Robbery 35
Theft from the person 32
Burglary 27
Possession of weapons 17
Bicycle theft 16
Other crime 16
Total incidents 1299

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 0.1 miles Outstanding — 10 Mar 2024
William Booth Primary and Nursery School Primary 0.3 miles Good — 3 Apr 2014
Rosehill School Other 0.4 miles Outstanding — 18 Apr 2013
Windmill L.E.A.D. Academy Primary 0.4 miles Good — 4 Feb 2015
Edale Rise Primary & Nursery School Primary 0.4 miles Good — 30 Jul 2023

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
3 Bed Terraced House, St Christopher Street, NG2 £950/mo 3 0.42 miles OpenRent

Average rent: £950/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.06%
Max investor price (0.8%) £118,750
Target investor price (1%) £95,000
Gross yield 12.7%
Cost-to-rent ratio 7.9×
Monthly cashflow £476/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 21.9%
  • 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).