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Broadgate, Beeston, Nottingham

East Midlands

£345,000
Listed on 23/04/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1162 sqft

Description

This charming three-bedroom detached property presents a notable opportunity for renovation and investment in a desirable residential area. With no upward chain, prospective buyers can explore the potential to enhance the home to align with their specific needs and preferences. Located within walking distance of the high street, this property benefits from easy access to a wide array of local amenities, including shops, restaurants, public houses, healthcare services, and transport links. Its proximity to The University of Nottingham makes it particularly appealing for buy-to-let investors or those seeking housing options in a vibrant community. The layout includes an entrance porch leading into a welcoming hall that connects to various living spaces. The living room features a bay window that invites natural light, while the adjacent dining room opens to a conservatory that offers views of the rear garden. The kitchen is functional but ready for modernization and includes essential appliances along with access to a pantry cupboard. On the upper floor, two double bedrooms and one single bedroom provide comfortable sleeping quarters. There's also a bathroom equipped with both a bath and electric shower, as well as a separate WC for convenience. Outdoors, the front lawn garden adds curb appeal and is complemented by ample off-street parking from the gated driveway. The rear garden offers scope for landscaping or further development, featuring established trees and shrubs along with a detached garage. With gas central heating already in place and significant renovation potential throughout, this property represents an excellent chance for buyers looking to invest or create their ideal home. An early viewing is advisable to fully appreciate what this residence has to offer.

Investment Analysis

(NG9 area)

Above Market Value

This property is priced +3.7% above area average per sq ft

+3.7%
This Property
£297/sq ft
Area Average
£286/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.6%

Renovation Potential

Est. Renovation Cost
£34,500 - £86,250
10-25% of property value
Target Value
£365,949
10% above area average per sq ft
Potential ROI
-15.1%
After renovation
Monthly Sales
53
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (NG9)

Area prices are falling by +3.1% over the last 12 months
3 year growth: 1.6%
5 year growth: 27.2%
Investment Disclaimer: Analysis based on NG9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Broadgate, Beeston, Nottingham
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