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£240,000
Guide Price

5 bed house for sale Commercial Road, Nottingham

5 beds 5 baths Terraced house
Freehold

Added today

About this property

No Upward Chain! Currently achieving £24,000 rental income per annum ! This exceptionally spacious and versatile property offers extensive accommodation arranged over three floors, making it ideal for investors , larger families, multi-generational living, or buyers seeking a home with generous private bedroom suites.

Key features

  • Bedrooms with En-suite
  • Ground-floor bedroom with en-suite
  • Spacious living room
  • Dressing room to first-floor suite
  • Versatile layout
  • Good location
  • No upward chain
  • Five bedroom property

Floorplan

Location

Commercial Road, Nottingham, NG6 8HF

Council tax
Band D (Approx £2,755/year)

Mortgage and stamp duty

Property price £240,000
£120k £360k
Deposit10% £24,000
£0 £240k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £216,000 mortgage. Most lenders would want a household income of about £48,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in NG6 8HF. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
61, Commercial Road TerracedJul 2016990 sq ft £88/sq ft£87,000
55, Commercial Road TerracedNov 20151,389 sq ft £65/sq ft£90,000
49, Commercial Road TerracedFeb 20151,313 sq ft £52/sq ft£68,000
61, Commercial Road TerracedOct 2013990 sq ft £76/sq ft£75,000
55, Commercial Road TerracedAug 20081,389 sq ft £79/sq ft£110,000
53, Commercial Road TerracedAug 20081,302 sq ft £77/sq ft£100,000
55, Commercial Road TerracedSept 20061,389 sq ft £55,000
53, Commercial Road TerracedSept 20061,302 sq ft £54,000

All sold prices in Nottingham →

Area insights

The neighbourhood around this property.

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