Sold STC Flat

High Point

Noel Street, NG7 6BL

1 beds 1 baths Listed 10 Nov 2022 (-1348d)

£75,000

Offers in Excess of

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Property details

Tenure

LEASEHOLD (983 years remaining on lease)

Council tax band

A

Last sold

£75,000

Local average

£165,576 (-54.7%)

Deprivation

Decile 1 (1,952 of 33,755)

Street crime

1016 incidents within 1 mile (May 2026)

Key features

  • No upward chain!
  • Tenant in situ - Paying £750pcm
  • 11.6% Yield
  • Close proximity to tramlines on Noel Street
  • Easy access to A60 and A6514
  • Ideal cash investment
  • Easy access to award winning public transport system
  • Close proximity to City Centre

Additional details

Parking
Yes

Description

SUMMARY ** This property is situated in a convenient location with a range of supermarkets, shops and excellent transport links including both bus and tram stops right on your doorstep. There is also easy access to Nottingham City Centre, the universities and much more!

Ideally located! Would be a great purchase for any first-time buyers looking to get onto the property ladder or an investor due to the tenant currently in situ! Internally, the accommodation comprises an entrance hall, a spacious lounge diner and a kitchen. There is also a double bedroom, a three-piece bathroom suite, plenty of storage space and a free gym within the building. Outside there is ample parking. 

LEASEHOLD INFORMATION Service Charge: £1700.00 per annum
Ground Rent: £150.00 per annum
Lease Remaining: 999 years from 1st January 2007

Ground rent and service charge can be paid annually or in two instalments. 

TENANCY INFORMATION Please note that the property is currently for a 12 month contract from September 2024, and they are paying £750.00 per month.  

ENTRANCE HALL The entrance hall has carpeted flooring, and a wall-mounted heater and provides access to the accommodation. 

KITCHEN Double glazed window, cupboard housing water tank, fitted kitchen with a range of wall and base units with work surfaces over, an inset drainer sink with a mixer tap, a built-in oven, electric hob and extractor hood.  

LIVING ROOM Double glazed window with great views providing great natural lighting, electric radiator and opening to the kitchen.  

BATHROOM This bathroom consists of a three-piece white suite, panel sided bath with shower, tiled splashbacks, glazed screen, close coupled WC, pedestal hand wash basin and extractor fan.  

BEDROOM ONE A double bedroom with a wall-mounted electric heater and great natural lighting from a double glazed uPVC window.  

FREE PROPERTY VALUATION ** Thinking of Selling/Letting a property? Call Tristram's or visit our website today to get a FREE property valuation and FREE advice! We are a 5* star rated Google agent - Search Tristram's Sales & Lettings in Google to see extensive reviews from our clients! 

DISCLAIMER **** Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.

Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.

Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you. 

Listed by

Nottingham

Tristrams Property Services Limited

Reference: 128954777

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
Flat 1, High Point, Noel Street, NOTTINGHAM 78 84 48 m² England and Wales: 2003-2006 Flat
Flat 11 High Point, Noel Street, NOTTINGHAM 82 87 46 m² England and Wales: 2003-2006 Flat
Flat 14, High Point, Noel Street, NOTTINGHAM 69 79 44 m² England and Wales: 1983-1990 Flat
Flat 15, High Point, Noel Street, NOTTINGHAM 61 78 46 m² England and Wales: 1976-1982 Flat
Flat 15, The High Point Noel Street, Nottingham 78 86 46 m² England and Wales: 2007-2011 Flat
Flat 16, High Point, Noel Street, NOTTINGHAM 84 88 49 m² England and Wales: 2003-2006 Flat
Flat 2, High Point, Noel Street, NOTTINGHAM 44 81 63 m² England and Wales: 1967-1975 Flat
Flat 20 High Point, Noel Street, NOTTINGHAM 66 81 46 m² England and Wales: 1991-1995 Flat
Flat 21, High Point, Noel Street, NOTTINGHAM 60 73 46 m² England and Wales: 1967-1975 Flat
Flat 24, High Point, Noel Street, NOTTINGHAM 75 78 46 m² England and Wales: 1983-1990 Flat
Flat 26, High Point, Noel Street, NOTTINGHAM 48 72 46 m² England and Wales: 1967-1975 Flat
Flat 27 High Point, Noel Street, NOTTINGHAM 73 81 46 m² England and Wales: 2003-2006 Flat
FLAT 28, HIGH POINT, NOEL STREET, NOTTINGHAM 69 80 64 m² England and Wales: 1983-1990 Flat
FLAT 30, HIGH POINT, NOEL STREET, NOTTINGHAM 66 77 46 m² England and Wales: 1983-1990 Flat
FLAT 32, HIGH POINT, NOEL STREET, NOTTINGHAM 66 78 46 m² England and Wales: 1983-1990 Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

No sales history found for this property in Land Registry Price Paid data.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
THE PAVILION, 3 APARTMENT 45 RUSSELL ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 6GB £110,000 28/01/2025 Flat
THE PAVILION, 3 APARTMENT 46 RUSSELL ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 6GB £110,000 28/01/2025 Flat
THE PAVILION, 3 APARTMENT 6 RUSSELL ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 6GB £87,500 26/09/2023 Flat
HIGH POINT FLAT 74 NOEL STREET, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 6BP £70,000 31/08/2023 Flat
HIGH POINT FLAT 86 NOEL STREET, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 6BP £64,500 14/03/2023 Flat
HIGH POINT FLAT 36 NOEL STREET, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 6BL £70,000 27/01/2023 Flat
THE PAVILION, 3 APARTMENT 42 RUSSELL ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 6GB £123,000 05/12/2022 Flat
HIGH POINT FLAT 43 NOEL STREET, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 6BL £81,000 31/10/2022 Flat
HIGH POINT FLAT 96 NOEL STREET, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 6BP £73,000 30/09/2022 Flat
THE PAVILION, 3 APARTMENT 7 RUSSELL ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 6GB £107,000 03/05/2022 Flat
THE PAVILION, 3 APARTMENT 9 RUSSELL ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 6GB £100,000 29/03/2022 Flat
THE PAVILION, 3 APARTMENT 2 RUSSELL ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 6GB £95,000 16/03/2022 Flat
HIGH POINT FLAT 8 NOEL STREET, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 6BL £85,000 15/02/2022 Flat
THE PAVILION, 3 APARTMENT 31 RUSSELL ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 6GB £102,000 28/01/2022 Flat
THE PAVILION, 3 APARTMENT 38 RUSSELL ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 6GB £112,650 08/12/2021 Flat
HIGH POINT FLAT 92 NOEL STREET, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 6BP £53,000 15/10/2021 Flat

Area average: £90,228 (16 sales)

Capital growth trend

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

5y growth -23.6%
10y growth -1.7%

House Price Index (HM Land Registry — official index, not sold-price averages): City of Nottingham. Series: Flats and maisonettes. As of April 2026.

1y (index) -4.3%
5y (index) 4.3%
10y (index) 42.8%

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: £549/mo (Apr 2025 – Mar 2026)

Location

Address

Noel Street

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Premier Hair & Beauty 0.0 miles
Shop Makkah Food Store 0.1 miles
Bus stop Gregory Boulevard 0.1 miles
Bus stop ASDA 0.1 miles
University Chaucer Study Space 0.8 miles
Hospital Priory Hospital Nottingham 1.6 miles
Train station Nottingham 1.6 miles
University Clinical Sciences 1.9 miles
Hospital Thorneywood 2.0 miles
Train station Bulwell 2.6 miles

Street-level crime

Category Count
Violence and sexual offences 350
Criminal damage and arson 90
Shoplifting 85
Public order 84
Other theft 75
Vehicle crime 74
Anti-social behaviour 73
Burglary 49
Robbery 38
Drugs 36
Other crime 22
Theft from the person 17
Possession of weapons 12
Bicycle theft 11
Total incidents 1016

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
Take 1 Learning Centre Other 0.0 miles Good — 12 Sep 2021
Djanogly City Academy Secondary 0.2 miles (Inspected (no overall grade))
Fig Tree Primary School Other 0.2 miles Good — 2 Mar 2022
Scotholme Primary and Nursery School Primary 0.3 miles Good — 2 Jul 2023
Forest Fields Primary and Nursery School Primary 0.3 miles Good — 24 Apr 2024

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
1 Bed Flat, Holland Street, NG7 £950/mo 1 0.19 miles OpenRent

Average rent: £950/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.27%
Max investor price (0.8%) £118,750
Target investor price (1%) £95,000
Gross yield 15.2%
Cost-to-rent ratio 6.6×
Monthly cashflow £535/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 29.5%
  • 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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