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Hello, this is Jason. This week we're In Your Street we're covering Edith Street and the NN1 5 Area.
Edith Street and the surrounding areas are very popular with first-time buyers and investors alike, due to its central location, reasonable prices in today's market, and a strong rental yield.
Investors can achieve as high as 8% yield in NN1 Postcodes. Homes that come up for sale certainly don't hang around for long.
The most expensive property on Edith Street was Number 18 and sold for £235,000 in 2022.
In regard to the NN1 5 Postcode, the average price of detached homes is 285k, 377k for semi-detached, 234k for terraced homes, and Flats for 152k.
The rental market is particularly strong, with the average house price going for £1050 pcm and apartments for £877 per month.
These numbers surprise me, as from personal experience I find the current average is up to 1,200 and 1,000 respectively.
If you're interested in knowing accurate pricing for your home, please get in touch with the details below. And if you'd like your street features in our series, let us know!
01604 607080