Sold Terraced

27 NOEL STREET

NOTTINGHAM, KIMBERLEY, NOTTINGHAMSHIRE NG16 2NF

2 beds 807 sq ft Listed 4 Jun 2021 (-1884d)

£94,000

Guide Price

Save

Listing type

Auction

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Property details

Listing category

Auction

Floor area

75 m²

EPC rating

D

Year built

England and Wales: 1900-1929

Last sold

£93,000 Nov 2020

Price per m²

£1,253/m²

Local average

£154,197 (-39%)

Deprivation

Decile 6 (17,455 of 33,755)

Street crime

50 incidents within 1 mile (May 2026)

Key features

  • Two bedroomed mid terraced property currently let at £625 per calender month
  • Requiring modernisation
  • Convenient for local amenities and to major road networks including the M1 and A610
  • Excellent investment opportunity
  • EPC Rating: D

Additional details

Garden
Yes

Description

This property remains available and open to offers following the auction on 24 June 2021.
Please contact the auctioneers on for further details.
Two bedroomed mid terraced property currently let at £625 per calendar month
DRAFT DETAILS
The property requires modernisation throughout, however the home would make a great purchase for an investor or developer. In brief the property comprises of a lounge and kitchen/diner as well as two double bedrooms. The rear of the property overlooks the local cricket pitch as well as enjoying pleasant views. Kimberley centre which is located close by offers a range of different amenities to include a Sainsbury’s superstore, local independent shops, schools and bus routes into Nottingham city centre along with having excellent road links to the A610 and M1 motorway (junction 25).


The auctioneers have not inspected the property but believe it to comprise:
Ground Floor: Lounge, Kitchen/diner, Bathroom Wc
First Floor: Two Bedrooms
Outside: Garden to rear.
Occupancy: Subject to tenancy. Interested parties are advised to check the legal documents for further information.
Tenure: Freehold
EPC Rating: D
Terms:
Viewings:
To book a viewing, please contact SDL Auctions to arrange.

Auction Method:
The auction for this property will take place as an “Auction Event” behind closed doors with a live auctioneer and will be streamed online in real-time. The property will be sold alongside several other lots. Bids must be placed remotely- please see the below section on “Registration Process”. The auction can be watched in real-time on the auction date through SDL Auctions’ website on their home page.
The auction date applicable for the property is displayed underneath the property description. It is not possible to provide a precise timeslot when this property will be auctioned on the day, because there are other lots being sold.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Auctions’ Buyers Terms (England & Wales) which are available on SDL Auctions website.

Auction type- Unconditional with Fixed Fee
If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 20 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.

Auction Fees
The following non-refundable fees apply:
Buyer’s Fee- payable on exchange of contracts. This is usually £1074 including VAT, subject to the Special Conditions of Sale. This fee does not contribute towards the purchase price of the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Special Conditions carefully before bidding. Any additional fees are included at the seller’s discretion, not on the instruction of SDL Auctions, and will be in addition to any fees payable to us. SDL Auctions has limited control over the content of the Special Conditions of Sale.

Deposit
On exchange of contracts, you must pay a non-refundable deposit equal to 10% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.

Payment Method:
Applicable fees must be paid immediately after a winning bid has been placed. Payment by cash or cheque will not be accepted. Prior to the auction, you will receive an email from the auctioneer to register your card details with third-party provider, Stripe. Your card details will be stored on their secure online payment platform. Payment will only be taken from you in the event of a winning bid. In this case, you will be contacted by a representative of the auctioneer to make payment. If you cannot be contacted within 24 hours after the auction ends, the auctioneer reserves the right to charge your card.

Legal Pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
The legal pack can be viewed on SDL Auctions website by searching for the property. On the property details page there is a sub-heading “Legal Packs”. Follow this link, and you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. An addendum may be issued outlining any late changes. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.

Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Auctions’ terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.

Registration Process:
To register to bid on the property, visit the SDL Auctions website and submit your remote bid. The lot number can be found against the Lot Details of the property. Prospective buyers must register no later than 12pm the day before the auction date. If you register after the cut off, it cannot be guaranteed that your registration will be processed.

Listed by

Nationwide

SDL Auctions Ltd

Reference: 108171755

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 01/07/2020

Expiry date: 30/06/2030

Est. upgrade cost to C: £26,500

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Upgrade heating controls (£350 - £450)
  • Replace boiler with new condensing boiler (£2,200 - £3,000)
  • Solar water heating (£4,000 - £6,000)
  • 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

365% since 1998

Event Date Price % change
Sold 09/11/2020 (5 years ago) £93,000 +365%
Sold 26/06/1998 (28 years ago) £20,000

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
36 VICTORIA STREET, KIMBERLEY, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 2NH £155,000 23/01/2026 Terraced
33 VICTORIA STREET, KIMBERLEY, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 2NH £180,000 06/01/2026 Terraced
20 WOODLAND CLOSE, WATNALL, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 1LJ £180,000 04/12/2025 Terraced
45 NOEL STREET, KIMBERLEY, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 2NF £185,000 15/03/2024 Terraced
53 NOEL STREET, KIMBERLEY, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 2NF £153,500 12/02/2024 Terraced
35 NOEL STREET, KIMBERLEY, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 2NF £178,000 20/12/2023 Terraced
11 NOEL STREET, KIMBERLEY, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 2NF £172,000 01/12/2023 Terraced
18 HILLCREST CLOSE, WATNALL, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 1JN £190,000 19/10/2023 Terraced
14 WOODLAND CLOSE, WATNALL, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 1LJ £178,000 21/08/2023 Terraced
7 VICTORIA STREET, KIMBERLEY, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 2NH £155,000 21/08/2023 Terraced
7 HILLCREST CLOSE, WATNALL, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 1JN £135,000 30/06/2023 Terraced
12 CHAPEL STREET, KIMBERLEY, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 2NP £165,000 13/06/2023 Terraced
55 NOEL STREET, KIMBERLEY, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 2NF £158,750 16/12/2022 Terraced
29 NOEL STREET, KIMBERLEY, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 2NF £115,000 16/12/2022 Terraced
16 NOEL STREET, KIMBERLEY, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 2NE £107,000 15/12/2022 Terraced
23 WOODLAND CLOSE, WATNALL, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 1LJ £162,000 14/12/2022 Terraced
15 CORBIERE AVENUE, WATNALL, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 1JR £217,000 11/11/2022 Terraced
23 VICTORIA STREET, KIMBERLEY, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 2NH £170,100 21/10/2022 Terraced
14 VICTORIA STREET, KIMBERLEY, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 2NH £145,000 06/10/2022 Terraced
15 EDGWOOD ROAD, KIMBERLEY, NOTTINGHAM, BROXTOWE, NOTTINGHAMSHIRE, NG16 2JR £122,000 23/08/2022 Terraced

Area average: £161,168 (20 sales)

Capital growth trend

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

5y growth 15.9%
10y growth 77.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Broxtowe. Series: Terraced. As of April 2026.

1y (index) -0.2%
5y (index) 21.5%
10y (index) 66%

Rental Range

Estimated market rent for Broxtowe. Low = conservative, Realistic = average, Optimistic = best case.

Low £855/mo
Realistic £950/mo
Optimistic £1,045/mo

Based on Local Authority from postcode lookup → Broxtowe.

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 Argos 0.1 miles
Bus stop Nottingham Road 0.1 miles
Bus stop Library 0.1 miles
Shop Farm Fresh Market 0.6 miles
Train station Ilkeston 2.2 miles
Train station Bulwell 2.4 miles
Hospital Queens Medical Centre 4.7 miles
Hospital NHS Treatment Centre 4.8 miles
University Chaucer Study Space 4.9 miles
University Nottingham Trent University Vision University Centre 8.9 miles

Street-level crime

Category Count
Violence and sexual offences 19
Criminal damage and arson 6
Other theft 5
Shoplifting 5
Burglary 4
Public order 3
Vehicle crime 3
Other crime 2
Anti-social behaviour 1
Drugs 1
Robbery 1
Total incidents 50

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
The Kimberley School Secondary 0.1 miles Good — 17 Oct 2017
Larkfields Junior School Primary 0.4 miles Good — 31 Jan 2024
Kimberley Primary School Primary 0.4 miles Good — 17 Oct 2022
Larkfields Infant School Primary 0.5 miles Good — 15 Sep 2017
Hollywell Primary School Primary 0.5 miles Good — 12 Nov 2012

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, Noel Street, NG16 £975/mo 2 0.02 miles OpenRent
2 Bed End Terrace, Ash Crescent, NG16 £895/mo 2 0.32 miles OpenRent
2 Bed Terraced House, Nimbus Way, NG16 £995/mo 2 0.42 miles OpenRent
2 Bed Terraced House, Maws Lane, NG16 £945/mo 2 0.74 miles OpenRent

Average rent: £953/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

This street 7.8% gross yield avg £149,075 sale, £975/mo rent
Rent ratio 1.02%
Max investor price (0.8%) £120,000
Target investor price (1%) £96,000
Gross yield 12.3%
Cost-to-rent ratio 8.2×
Monthly cashflow £469/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 20.6%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • 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).