Deal Spotlight

Nottingham Semi-Detached at £145,000 — A Data-First Look

A semi-detached house on Ballerat Crescent in Nottingham is listed at £145,000, carrying three listing signals: it is described as new to market, the price has been reduced from a prior level, and the property is being sold by auction. The auction route sets a fixed sale date, with contracts typically exchanging immediately on the fall of the hammer. No bedroom count is published in the available listing data, meaning buyers should request full particulars before drawing any comparison with recent sales in the surrounding streets. No yield or rental figure is attached to this record.

What the listing shows

The property is a semi-detached house priced at £145,000. All three active signals — new to market, reduced, and auction — are present simultaneously, which indicates a seller motivated by timeline as much as price. The auction format typically requires a 10% deposit on the day of the sale, with completion following within a fixed period set out in the special conditions. No tenure information is available in the current listing record, so whether the property is freehold or leasehold remains to be confirmed via the legal pack.

The numbers at a glance

Metric Detail
Asking price £145,000
Property type Semi-detached
Bedrooms Not stated in listing
Gross yield Not calculable — no rental figure provided
Tenure Not stated in listing

No rental estimate is attached to this record, so a gross yield figure cannot be calculated from listing data alone. An independent rental appraisal for the specific address would be required before any income assumptions can be made.

How this area compares

Nottingham carries a large private rented sector, partly driven by its two universities and a substantial working-age population. Semi-detached houses across the city's NG postcode districts cover a wide price range depending on distance from the city centre, local school catchments, and access to road and rail links. Without a full postcode or bedroom count in this listing record, a precise like-for-like comparison against recent Land Registry transactions in the immediate streets is not possible from this data alone. Buyers should pull sold price data for semi-detached properties on and around Ballerat Crescent to establish the local price band before the auction date.

What to check before viewing

The legal pack is the starting point for any auction purchase. It typically contains title documents, local authority and drainage searches, any special conditions of sale, and — if the property is leasehold — the lease itself. A solicitor should review the pack before bidding, not after. Additional points to confirm include: the current state and occupation of the property, whether any structural or damp surveys have been carried out, any restrictive covenants on the title, and the reserve price if disclosed. Because the asking price has already been reduced, establishing the original figure and the duration of the reduction gives useful context on how the market has responded so far.

At an asking price of £145,000 for a semi-detached house in Nottingham, this listing sits within a price bracket that draws both owner-occupiers and investors. The convergence of a reduced price and an auction deadline compresses the due diligence window considerably. Securing the legal pack and arranging an independent valuation ahead of the auction date are the practical next steps for any buyer taking this listing seriously.

Frequently asked questions

How was this property identified?
This listing was surfaced by a daily UK-wide scan of new and reduced stock. It stood out because its asking price sits below the area's typical sale price for the property type, and the estimated rent supports a gross yield in line with — or above — the local average. The figures below are data observations, not a recommendation.
What yield does £145,000 suggest?
The gross rental yield is calculated by dividing the estimated annual rent by the asking price. It is a screening figure only: it excludes purchase costs, void periods, maintenance, letting agent fees, mortgage interest and tax, so the net position will always be lower.
What checks should a buyer make before viewing?
Verify the tenure, service charges or ground rent if leasehold, current condition and likely refurbishment costs, planning constraints such as Article 4 directions, flood risk, and comparable recent sale prices on the same street. A professional survey and legal search (including CON29 if relevant) are essential.
Is this investment advice?
No. Every property investment carries risk and the figures here are for information only. Speak to an independent financial or tax adviser before committing.
Disclaimer: This article is educational information only and does not constitute financial, tax or investment advice. Figures shown are data observations from the listing and public market sources at the time of writing; they are not predictions or recommendations. Property values and rents can fall as well as rise. Always conduct your own due diligence and seek independent professional advice before purchasing any property.

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