Running the numbers…
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Whether the numbers work at NG7 2DE: the rents a tenant on benefits can get and the yields they imply, whether HMOs need planning permission, what owners on Heron Drive have made, the letting picture across the council, and calculators pre-filled with local figures.
Rents, yields, the planning rules for HMOs and what owners have made on Heron Drive, in Radford.
| Residents per home | Population, 2021–24 | Homes, 2021–24 | People per new home | |
|---|---|---|---|---|
| Radford | 2.41 | +10.4% | +6.2% | 3.9 |
| Nottingham | 2.26 | +3.5% | +2.9% | 2.7 |
| East Midlands | 2.29 | +3.7% | +3.2% | 2.7 |
| England and Wales | 2.28 | +3.6% | +2.7% | 3.0 |
More residents per home than 71% of neighbourhoods. High figures point to shared or crowded homes and demand for rooms; low ones to second homes, empty homes or older people living alone. People added per new home above about 2.3 (the average household) means the population is growing faster than homes are built.
From HM Land Registry sale records (standard sales) and energy certificates. Tap a home for its full history.
Run the numbers: buy-to-let · HMO · flip · BRRR · strategy guides
More for investing: Opportunity finder · HMO Article 4 map · What owners made · Strategy guides
| Size | Typical value today | Cheaper quarter | Estimated rent | Gross yield |
|---|---|---|---|---|
| 1 bed | £75k | £65k | £630 a month | 10.1% |
| 2 beds | £137k | £110k | £840 a month | 7.4% |
| 3 beds | £168k | £146k | £970 a month | 6.9% |
| 4+ beds | £195k | £178k | £1,190 a month | 7.3% |
| All homes | £158k | £125k | £930 a month | 7.1% |
Values: sales since 2021 of homes with an energy certificate (bedrooms estimated from its rooms), carried to today on the local price index; the cheaper quarter is what a quarter of them go for under. Rents are estimates: the council's typical private rent (ONS) adjusted for how values here compare. Gross yield = a year's rent ÷ value, before costs. Compare it with other places
Local Housing Allowance, Nottingham rental area, 2026-27, a month: Shared room £380 · 1 bed £550 · 2 beds £650 · 3 beds £750 · 4 beds £970. The most a tenant on Universal Credit or Housing Benefit gets towards rent here, set at the cheapest 30% of local rents in 2023 and frozen since April 2024.
Gross LHA yields at this neighbourhood's 2025 prices: 1-bed rate vs flats 7.74% · 2-bed vs terraced houses 4.95% · 3-bed vs semis 4.38%.
HMO planning rules: unknown here. Nottingham has not published HMO Article 4 areas to the national planning data platform, so we cannot tell whether HMOs need planning permission here. Ask the council's planning team. About HMOs