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Kentwood Road, Sneinton NG2 - Image 1
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Kentwood Road, Sneinton NG2

East Midlands

£140,000
Listed on 08/05/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
753 sqft

Description

This two-bedroom mid-terraced house presents a compelling opportunity for both first-time buyers and investors seeking a property with scope for renovation. With no upward chain, the sale process is streamlined, allowing for a quicker transition into homeownership or investment. The location of the property is particularly advantageous, situated near the City Centre which offers a variety of local amenities, shops, and efficient transport connections. Its proximity to the University also makes it appealing for potential rental opportunities. Internally, the ground floor features two reception rooms that provide versatile living space, alongside a galley-style kitchen equipped with essential appliances and access to the cellar—an area that could serve various purposes such as storage or even potential conversion. The first floor hosts two generously sized double bedrooms served by a three-piece bathroom suite. The outdoor space consists of a low-maintenance courtyard at the rear, ideal for creating an inviting outdoor area or garden project with minimal upkeep. With its solid foundational elements and layout, this property is ripe for modernization—whether through cosmetic updates or more extensive renovations aimed at maximizing rental yield or enhancing personal comfort. Prospective buyers should consider the potential to enhance property value in this sought-after neighborhood. In addition to its appealing location and structural advantages, practical features include mains water and gas central heating, while good broadband connectivity supports modern living needs. Overall, this property holds significant potential not just as a home but as an investment in an increasingly competitive market.

Investment Analysis

(NG2 area)

Below Market Value

This property is priced -40.1% below area average per sq ft

-40.1%
Potential saving
This Property
£186/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£297
Avg Yield
5.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£257,146
10% above area average per sq ft
Potential ROI
+65.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NG2)

Area prices are stable by 0.0% over the last 12 months
3 year growth: 7.6%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on NG2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Kentwood Road, Sneinton NG2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£513
Based on a loan of £105,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE